SHAUN STENNING BLOG
The real road of compassion, that is, giving, helping, assistance and community service, is a road that can be set and declared as your life's purpose
In this high technology era, everyone dreams to justify their own existence by building individual identity and stand unique in the crowd. As a result, people are more inclining towards creating their own brands – smaller or bigger – and business organizations or enterprises these days. With the blessing of ultra-modern technology and super-fast networking, the conventional ideas of executing business plans are rapidly changing by the flow of time.
According to Shaun Stenning, “The growth and success of a business primarily depend on good communication, smart marketing plans along with engaging customer serving and management strategies” “Times have truly changed and it’s imperative for any business to quickly adapt to the latest technological developments. Noticeably, iPhone apps, and other mobile applications are taking the world by storm.” Shaun said. Here are 5 ways mobile apps can help you grow your business: 1. Boost branding – Since your company’s logo and or slogan are visible on your customers’ mobile screens, it’s virtually impossible not to remember you whenever they need your products/services. It also offers a definite advantage against your competitors who are yet to adopt this business strategy. 2. Improve customer service experience – Your customers can benefit from being able to access your products/services anytime they want and while on the fly. 3. Act as a marketing tool – More than just an application, a mobile app can double as a valuable marketing tool. How? It can be easily integrated with Facebook, Twitter, Foursquare, and other social media sites. 4. Acquire more customers – Keep in mind that today’s consumers are constantly moving and are addicted to their mobile devices. 5. Generate more income – A mobile application with order fulfillment ability can readily provide another revenue channel, aside from your website and or brick and mortar store. For example, functionality to make restaurant reservations, book concert tickets, buy goods and services, etc. Unfortunately, many business owners are yet to recognize the huge potential benefits of mobile applications in terms of boosting productivity, efficiency, competitive edge, and user experience
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Starting a business entails understanding and dealing with many issues, legal, financing, sales and marketing, intellectual property protection, liability protection, human resources, and more
People often ask us for a list of steps they can use to start their own business. From business type to business model to physical location, there are so many variables! However, there are things that every business needs to do to get off the ground. According to Shaun Stenning, “There are no limits on who can become a great entrepreneur. You don't necessarily need a college degree, a bunch of money in the bank, or even business experience to start something that could become the next major success. However, you do need a strong plan and the drive to see it through.” It may seem overwhelming, but with this step-by-step guide and our insights for starting a business, you’ll have everything you need to know to write your business plan and start a successful, profitable small business. Shaun Stenning said. 1. Refine your idea. If you're thinking about starting a business, you likely already have an idea of what you want to sell, or at least the market you want to enter. 2. Write a business plan. Once you have your idea in place, you need to ask yourself a few important questions: What is the purpose of your business? Who are you selling to? What are your end goals? How will you finance your startup costs? These questions can be answered in a well-written business plan. 3. Assess your finances. Starting any business has a price, so you need to determine how you're going to cover those costs. 4. Determine your legal business structure. According to Shaun Stenning, Before you can register your company, you need to decide what kind of entity it is. Your business structure legally affects everything from how you file your taxes to your personal liability if something goes wrong. 5. Build your team. Unless you're planning to be your only employee, you're going to need to hire a great team to get your company off the ground. The great thing about owning your own business is that you get to decide what you want to do and where you’ll grow. |
AuthorAs an investor, Shaun Stenning makes sure he invests in companies and people who are truly passionate about every day, and making every day an amazing day. Archives
March 2024
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