Significant GPS Blog
If you sell your products at a higher price than your competitors that are already popular and doing well, you may not get enough sales. If you price them lower than the standard...
Key Performance Indicators are measurable targets that you can use to decide if and how your business plan is working. The targets are quantifiable and can be used to measure your...
Benchmarking is the process of comparing your business against your top competitors or other similar businesses. The comparison can be made on various metrics such as market share,...
Just like competitor analysis, market research can be quite insightful. It can help you understand your consumers, their demands, their expectations, their buying behavior, etc....
Learning what your direct and indirect competitors are doing can help you come up with a better, more successful business strategy. You can build a list of things that worked and...
As a small business, you need to make sure every aspect of your business is well-defined, leaving no scope for guesswork. Maybe you have a business plan in your mind but chalking it out on...
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. It is a popular technique used by businesses, nonprofits, government bodies, and entrepreneurs to evaluate where...
Did you know 22.4% of small business owners in the US are women? There are about 13 million female entrepreneurs and, every day, about 1,817 women start their business in the...
