Business Development

Business development mistakes

Top Business Development Mistakes by Startups & SMEs

Business development plays a key role in the growth of every business. It is the aspect of business that deals with establishing growth opportunities and strategic partnerships that can in due time, reflect the value and bring about exponential growth for a business. Although in recent years, more small businesses are beginning to incorporate business

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Business development

Why Business Development is Important for Your Business

Business development is one concept in business that over the years has been poorly understood, thus has not been fully utilized for significant business growth and development. Many businesses especially SMEs and startups confuse this aspect of business as just marketing and sales. To explain the importance of business development or BD as it is

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Blue Ocean Strategy

How To Carve A Niche For Your Business: The Blue Ocean Strategy

Since the inception of the internet, there has been an unprecedented increase in the number of businesses across different industries. Technology and the ease of conducting business in the 21st century have disrupted different industries, and this has led to an increase in the number of businesses across the globe. Daily, new businesses spring up

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Business Modelling Tools

Using the Different Types of Business Modelling Tools

Although an interesting process, most times building a business for many first-time entrepreneurs is like throwing oneself off a cliff and then assembling a plane on the way down to prevent a crash. Many entrepreneurs find the process difficult because they lack the necessary business modelling tools to achieve the required outcomes. The purpose of

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The Importance of Business Model Design for Startups & SMEs

The Importance of Business Model Design for Startups & SMEs

Every successful organization has a foundational blueprint called a business model that serves as a strategic guideline for its daily and long-term operations. Definition of Business Model A business model is a high-level plan by a business to profitably create, deliver, and capture value within a specific market. It is the core of an organization’s

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increase sales

How to Increase Sales By Creating Value for Your Customers

In today’s business world, many startups and small businesses struggle to increase sales regularly not because they do not have good products/services in the market, or because they lack the right team to push their products. Rather they struggle with sales because of their understanding of the client’s needs, and their ability to create value.

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