Business Development Board of Martin County | Small Business Development Center (SBDC). Questions? Contact the Business Development Board of Martin County at 772-221-1380. The SBDC assists small business owners that need assistance with start-up, expansion or other issues related to business ownership.
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Envision Product Development Group. Questions? Contact Envision Product Development Group at 772-463-8050. We can professionally design, engineer and even commercialize your new product or product line extension. We'll conduct a comprehensive Market Analysis and assessment of the market potential of your idea. This includes verifying intellectual property and refining your design. Then, we'll quickly transform your idea into a hands-on prototype or animated virtual 3D model so that we can verify its functionality, manufacturability, and cost per unit. Chamber Member: Stuart/Martin County Chamber of Commerce.
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Pharus Group, LLC. | Strategies for Business Sucess. Questions? Contact Pharus Group at 772-223-3344. Our full service infrastructure provides the small to -mid sized business owner with the knowledge, skills, and experience of a team of six-figured professionals at a fraction of the cost. Pharus Group is a specialized consulting firm providing business analysis and management advisory services for small to mid-sized business owners, entrepreneurs and professional service providers. Chamber Member: Stuart/Martin County Chamber of Commerce
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Small Business Development Center (SBDC) at Indian River State College. Questions? Contact the SBDC at Indian River State College at 772-462-7296. The Small Business Development Center helps businesses become more successful and meet the challenges of tomorrow. Whether you are starting a business, buying a business, growing a business, selling a business or looking for financing, we can help you!
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The SCORE Association is a nonprofit association dedicated to entrepreneurial education and the formation, growth and success of small businesses nationwide. Their public service mission is to provide face-to-face and email business counseling to help small businesses evaluate plans, stabilize, grow, innovate and succeed. If you have questions, contact this SCORE Chapter at 772-489-0548.
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AOL Small Business | 5 Tips for Setting the Right Prices. Visit AOL Small Business for additional business resource articles. Knowing what to charge for your products or services is a challenge. How to set prices that will convince customers to buy -- and still keep you profitable.
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This article gives business owners, the heads up on collecting late payments. No business can survive with inconsistency in customer's payment. Use these tips for the sake of your business' future as a tool for increasing your odds of getting paid.
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This article discusses the effects of cutting prices to increase sales. Does cutting prices mean you will see a larger return on your bottom line? Looking at your businesses profit margins on the products or services it offers will help you better understand your pricing strategies.
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Pricing your products / services can be a difficult position for both new and existing businesses. Is the price too high or too low? What is the competition charge for the same or similar products / services? If your commanding a premium pricing model, you must add additional value to ensure customers shift to your competitors. This Entrepreneur.com article outlines 6 tips to charge a premiumprice for your products / services.
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EquityNet is a leading private capital and support network that offers patented business plan software and analysis tools for entrepreneurs to efficiently plan their business, raise start-up funding, and seek support. Angel investors, venture capitalists, government entities, business incubators, service providers, and other members of the entrepreneurial community use EquityNet to capitalize and support young, privately-held businesses. Contact EquityNet today at 479-442-3638.
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How much should I charge for my goods and services? That's a question that plagues many an entrepreneur. Charge too much and you lose sales. Charge too little and you leave profits on the table. This article provided by Gaebler offers some good advice on pricing your goods and services.
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This Inc.com guide provides advice on identifying a market need, writing a business plan, and setting up a new venture.
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Breakeven analysis is a tool used by businesses to determine the level of sales needed in order to breakeven. To perform breakeven analysis, you must first be familiar with the different types of costs that are incurred to develop a product. These costs can be fixed or variable in nature, and will effect the analysis differently.
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Developing a pricing strategy perplexes many CEOs, marketing and sales executives, and brand managers. It's not surprising really: real businesses don't always follow the pricing strategy models that business schools and books on pricing strategy present. For more information, consult the article from Markitek.
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Organization for Economic Cooperation and Development issues demographic and economic reports on an ongoing basis for their 30 OECD member countries, as well as occasional reports for several non-member countries. These resources cover gross domestic product, international trade statistics, price statistics, economic projections, labor force statistics, and many more topics. The site also offers a free online version of the OECD Factbook: Economic,Environmental and Social Statistics, as well as information about a number of OECD databases, most of which are only available through a paid subscription. You can browse the site by topic, country or OECD department.
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Always maintaining a positive cash flow for your company is crucial to its continuation and advancement. This Startup Nation articles outlines great revenue generating tips so you can ensure your company is always in the black in terms of revenue.
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Pricing. Is your price too high or too low? How does it compare to your competition? Have you considered all of your fixed and variables cost as well as your required profit margins? Learn more from this free online webinar provided by Virtual Advisor.
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