100 Small Business Ideas

By setting up in “industry centers” where similar businesses are clustered together, fi rms gain instant access to a large and varied range of benefi ts.
The idea
The idea of clustering seems counter-intuitive. It suggests that fi rms should pay high real estate prices to be positioned close to their competitors. Although there are many businesses that prefer...

Competition requires a large amount of effort and business acumen: most businesses will, at some time, have to face circumstances that are exceptionally challenging and strenuous.
There are a number of tactics and techniques that can help guide an organization through troubled times....

 Instead of allowing other companies to eat into your market, consider bringing in new products to compete with your existing ones. This may sound like suicide, but handled expertly it allows you to remain on the cutting edge and ahead of the competition...

The importance of providing information to the client should not be underestimated. Information encourages customers to buy and to get the maximum out of the service being provided. Conversely, businesses should be eager to accept information from the...