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Best Business Management Strategy Consultancy – Econstra.com

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Dec 21th, 2018

Why is the trend for successful business leaders to prepare themselves for their next CEO

The word owner is a very broad word that is used not only for business or enterprises but also for everyday life. It implies to a person, an entity who has some right and ownership. But, the most common mistake what people do is to confuse between CEO and owner. The CEO is the Chief Executive Officer who holds the highest rank in the corporate world.

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Dec 20th, 2018

How to start preparing from today so that you can pass on your business to the next generation?

Entrepreneurs who start and grow a business always hope that someday their family; children will take over running the company as smooth as they are doing it currently. Even better, the current business would pass from generation to generation into the future.

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Dec 19th, 2018

How can I hand over my business to the expert professionals so that I can only monitor them?

Well, this is a dream situation where you can give responsibilities and duties to reliable people and utilize the time to seek other opportunities and design. This is not a dream but it can be done and is successful with the right direction and approach.

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Dec 18th, 2018

How can you use digital technology and earn recurring revenue.

Digital technology connects your things, reduce overall cost, increase the flow of revenue and keep things in your control. However, it might sound superficial if someone suggests that technology can earn recurring revenue for your business.

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Dec 17th, 2018

How to create a bulletproof succession plan when yourself are at stake.

Every entrepreneur who is properly staffed for today often remains unsure about tomorrow’s changing environment. It remains a mystery how the entrepreneur will adapt to upcoming shifts and prepare to build the right employee mix. It also means to keep a ready reserve of potential candidates for the company.

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Dec 16th, 2018

How your whole organization can run digitally.

Digital transformation is a process and cannot be embraced as a matter of black and white. There is no switch available which will turn the organization as digitally mature. Your organization was operating with a process and now if you intend to make the shift towards digitalization, then you need to work on it.

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Dec 15th, 2018

How you can use digital platform and increase your revenue 10 times.

The digital revolution has seeped deep inside and there is nothing wrong to say that it has the command to strings of our functionality. The lives of the consumers have improved in many ways but the entrepreneurs are under fierce competition due to the digitalization.

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Dec 14th, 2018

Why all companies are taking on the digital platform.

The need to have a presence on the digital platform is basically for the simple reason that the physical and digital worlds are merging together, creating new forms of dealings between businesses and people. The traditional organization lifecycle flow starts from designing to creating and finally selling including the reviews for the products.

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Dec 13th, 2018

Do you still believe that your business model will not be changed in the next 5 years?

Rewind 10 years back and imagine the idea of electric cars driving on automation, deep sea mining, and even digital currencies. It would have appeared science fiction at that time. But, today it is reality and the testimony that nothing is inevitable but change.

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Dec 12th, 2018

How to create a system within my organization.

Creating a system reduces the tension of executing multitasking in the limited available time. The perfect system allows spending time on the things that really matter. The problem if not dealt timely will eventually lead to burnout.

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Dec 11th, 2018

How to find the expert and trained staff and sustain them.

There are benefits of hiring key employees to the long-term health and success of your business. Managers do agree that keeping the best employees make sure increased product sales, customer satisfaction, satisfied coworkers, and effective succession planning and organizational knowledge and learning all come together with the right employees and staff.

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Dec 10th, 2018

You have the urge to grow but your environment is not favorable.

Taking a small business to the next level is a complex and dynamic process. Gaining a deep understanding of the competition, current local market trends targeted markets, and the requirements to successfully launch and drive expansion lays an important foundation.

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Dec 9th, 2018

You feel that there is no smooth running process.

The most common work ethic for a startup leader is to follow whatever it takes to get the job done. It is a good idea and strategy and it should not come as surprise for the company is not in the mood for recruiting and the existing team is juggling several job titles' worth of responsibilities.

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Dec 8th, 2018

The employees’ contribution is nil and they focus only on the salaries.

Allowing pride to cloud judgment can be fatal for any company owner or entrepreneur. There are common roadblocks to successful entrepreneurship and the most common is the attitude of employees who sometimes become sluggish and lose interest in their work. They now only focus on salaries and are least concerned about the company’s performance and progress.

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Dec 7th, 2018

The decisions reverse back to you.

The corporate life is like solving jigsaw puzzles which need your constant attention and expertise. However, even with careful decision making and executing the plans, there are instances when the companies need to reverse or call back to their decision.

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Dec 6th, 2018

The business is not sufficient to run without your presence.

The most successful ventures are those which are well equipped to run on their own. The owner can be away and all the departments move like a well-oiled machinery. But, this characteristic is missing and even the most flourishing businesses need their owner on board.

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Dec 5th, 2018

Why do you fail to close adequate deal.

It can be unnerving for any salesperson (especially for the new) to close the deal. In sales term, it is explained as the moment when a customer makes the decision to sign the dotted line or make a purchase.

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Dec 4th, 2018

How different is sales from closing.

Closing is all about making-or-breaking the moment in sales. It also makes sure how the final moment or verdict which will determine your efforts to anything or not. Selling in the modern business is not about receiving revenues for the company, but it also means that there are chances of building strong relations with the client.

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Dec 3rd, 2018

With right help, it is possible to double your sales in 3 month.

It is a dream for any sales person to double the sales and if someone promises it to get it done in 3 months, then it sounds unbelievable. But the fact is that it is not a fad but reality. In general, the average salespeople often close more sales than the dynamic salespeople do.

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Dec 2nd, 2018

Objection handling seems too puzzling.

For those who find objection handling confusing, there is no deep down mystery to get the job done perfectly. It is no secret to handle objections, but you need a hands-on approach to comprehend how your clients make decisions. Objection handling also helps in mirroring their way to persuade their behavior.

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Dec 1st, 2018

Your attempt to create your brand was not successful.

Depending on the product alone, no entrepreneur can imagine to run a successful venture. A strong product without a strong brand image will not establish itself as definitely will not yield desired results. The pressure on building the brand of the venture is because of the demand to stand out from the iterations that can borrow the idea and subsequently tap your legitimate market share.

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Nov 30th, 2018

How your brand can increase your sales.

It is a dream condition for any entrepreneur when the customers advocate for their business among the new potential clients. Well, this is a practical thing and it does happen when the entrepreneur is able to create a strong brand.

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Nov 29th, 2018

Yet to ring in sales even with the right resources.

Nothing can be more frustrating than to wait for customers and to make a debut in ‘regular’ sales. Initially, it might appear that there is some more effort required or need to improvise a bit more, but once all the check boxes are met; your wait for sales becomes frustrating.

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Nov 27th, 2018

New Business IDEA/ Existing Business.

• Confused with the multiple business IDEAS.
• Which profitable business to do. Should you grow your business or start a new one.
• Market competition is increasing every day.
• New Govt rule has changed your business style
• Should you set up multiple businesses or focus on the single one
• How to make real money from business

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Nov 26th, 2018

You can't generate desired results with the failed marketing plan.

No entrepreneur has the tailor- made first marketing campaign. Even with experience as a marketer or entrepreneur, you can’t really do or perform things in until you have the relevant data to inform your campaign.

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Nov 25th, 2018

Budget limitation does not allow marketing your products.

Businesses believe marketers have the magic touch. They’re known to have a creative superpower that actually allows them to turn any average idea into a massive success by simply spinning a few words and colors together.

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Nov 24th, 2018

How to make real money from business?

This can be the perfect chance to reinvent yourself as an entrepreneur and start a small business. But, the pool of money shown by the mentor, guide or coach may not be real or better feasible. So, what next? Self doubt or low self esteem for your confidence.

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Nov 23rd, 2018

Should you set up multiple businesses or focus on the single one?

Entrepreneurs should not confine their skills to just one business but expand themselves and grow along with the experience curve. But the fact is not everyone is comfortable with build multiple businesses and grow them simultaneously.

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Nov 22th, 2018

New Govt rule has changed your business style.

Many entrepreneurs regard government officials as intruders who lie outside the boundaries of their businesses. The CEOs believe about government, it’s mostly been to keep regulators at inlet, add favorable treatment relative to competitors, and attract government contracts.

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Nov 21st, 2018

Market competition is increasing every day.

The concern of entrepreneurs is to overcome the market competition which is increasing at a rapid pace for entrepreneurs of all kinds and business types. Competition is a fact or better reality of business life, and it is the general rule.

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Nov 20th, 2018

Which profitable business to do? Should you grow your business or start a new one?

There are many ways to enhance and grow your business and there is always an option to start with a new venture. However, it is difficult to pick from the both; as both the options run parallel and seems equally appealing.

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Nov 19th, 2018

Confused with the multiple business IDEAS?

A multi passionate entrepreneur is always full of ideas. It is a very good attribute and this makes the entrepreneur a go getter for future endeavors. But, when you are torn between ideas is a dilemma and now it needs a lot of research and deep thinking to hit the right button.

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