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Day: November 18, 2023

Which myths regarding growing your business are most prevalent?

Expanding your business can be an exciting and rewarding opportunity, but it can also be risky and challenging. Many entrepreneurs have unrealistic expectations or make costly mistakes when trying to grow their business beyond their current market, product, or customer base. This article explains the most common misconceptions about growing your business and how to…

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How do you determine whether a new market is attractive for your product or service?

define the market Before evaluating a new market, it must be defined clearly and precisely. What is the geographic scope, customer segment, product category, and value proposition of your market? How does it differ from existing markets and other potential markets? Defining your market helps narrow the scope of your research and analysis. , will…

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