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Starting a Food Product Business in 8 Steps

March 14, 2023

Starting a food product business can be an exciting and challenging venture. There are several steps involved in the process, which we will outline below:

Step 1: Develop Your Product Idea

The first step in starting a food product business is to develop your product idea. Consider your strengths, interests, and passions. Conduct market research to determine if there is a demand for your product, and if there is already competition in the market. You can use online resources, such as Google Trends and social media platforms to gather information on market trends, and learn about what customers are looking for in food products. Identify what makes your product unique and why it will appeal to customers.

12 Social Media Best Practices for Small Business Owners in 2023

February 28, 2023

By Ken So

Even the smallest of businesses and influencers can thrive with strategic social media marketing. You don’t need a stacked team of specialists or a paid partnership with a celebrity to launch your brand successfully. Follow these small business marketing best practices for social media to achieve steady growth — and watch the world discover all the wonderful things your business has to offer.

Should you choose a digital or traditional bank account?

February 23, 2023

A business bank account is a critical component for any business owner. It creates a separate place for your business finances and transactions to live, which makes it easier to manage your financial records, and ultimately stay organized. If you’ve started researching business bank accounts, you may have noticed that there are a wide range of options, from opening up an account where you personally bank, to opting for an online business banking solution.

If you’re choosing between a (likely cheaper) online bank and a traditional, brick and mortar one, then this article can help you weigh the pros and cons of both so you can make an informed decision.

Level Up Your Financial Leadership by Using a Coaching Approach

January 24, 2023

By Lauren Owen

As you grow your business, adding employees or even locations, you will need to develop managers who are responsible for achieving sales and profit goals. Mastering your financial coaching skills is essential to profitable growth.

Many owners are comfortable discussing marketing, operations or human resources, but struggle with conversations about financials. How can you get people engaged in this important topic? Here are some tips for creating financial insights and driving action using goal-focused, solutions-oriented coaching conversations to jump-start your managers’ financial success.

How to Find a Business Mentor: 7 Places to Explore

January 17, 2023

Behind every successful business person is a mentor who taught them everything they know. Mentors teach valuable lessons and provide moral support when the going gets tough. But where do you find one? From in-person networking events to casual online chats, here are seven places to explore.

How to Find a Business Mentor: 7 Places to Explore Click To Tweet

1. Scour LinkedIn for Someone With Your Dream Job

LinkedIn: The quintessential networking tool for professionals in virtually every industry and a great place to start your quest for a mentor. Enter your dream job into the search bar and filter by “people.” From there, you can search by criteria that are important to you, such as geographic location, industry, and even specific companies.

Quick tip: Before pitching someone on LinkedIn to be your mentor, follow them on social media, attend their live streams, interact with their content, ask questions, and do whatever you can to show your interest before asking for any favors.

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