Business Life Cycle – 7 Stages and Importance

Business Life Cycle - 7 Stages and Importance

An independent business is perhaps the dream of many budding entrepreneurs around the globe. By definition, business is the activity of making money by producing or trade of products and even services. A business does not necessarily refer to a company or corporation. It need not have a formal organization or be a part of the corporate world. It can range from a street peddler to a multinational company. 

However, broad the spectrum of the scope is all the business pass through more or less the same phases or stages. The prospect of starting and running one’s own business is exciting. Days have come where you can start a business as a teenager. Still, it is important to realize the life cycle of any business to manage the proper functioning. 

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How Cheap Mobile App Development Can Kill Your Business

How Cheap Mobile App Development Can Kill Your Business

The business world is shifting to a digital battleground with e-commerce stores and the development of a mobile application; there are always things that businesses should avoid. According to Seagate, Two-thirds of all global CEOs will start focusing on digital strategies to improve customer experience by the end of 2019. 

When entering the world of mobile app development, businesses often choose the cheapest option for cost-cutting. While this does save them some money in the short-run, it can be a double-edged sword in most cases. 

App development is not a cheap venture, and if you’re getting the opportunity to get an app developed at a lower price, there are most likely downsides to it. Let’s discuss some of these downsides and how cheap mobile app development could kill your business.

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Simple Ways To Boost Your Business & Lead Through SEO

Boost Your Business & Lead Through SEO

Let’s overlook your brand, product or services for a moment. Jazz it up! knot it with an attractive little bow and sell it at the best price possible – but it never matters!!

Even though with the most competent product/services/brand in the world, your business is deemed to fail if no one heard of it. Right? So, think to join the growing number of startup companies that gradually crash and burn in their first 5-6 years. Especially, those with the most paying leads win – simple as that.

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The 7 Biggest Benefits of CRM for Your Business

The 7 Biggest Benefits of CRM for Your Business

No matter what sector of business you’re in, keeping your customers happy should be your top priority. When it comes to improving customer retention, CRMs can help by as much as 27%. Whether you’ve just started out in the business world, or you have many years of experience under your belt, giving your customers excellent customer service can help them feel valued and appreciated.

With the main philosophy of CRM being to put the customer first, it’s important that you deliver the best experience for consumers, which can help increase loyalty to your business. Having the right CRM software in place can help gather all information from a range of departments throughout your business to ensure you go above and beyond for your customers. With that in mind, here are 7 of the biggest benefits that CRM can bring to your business.

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