10 Easy Business Innovation Lessons

Public Domain from pixabay Oh business innovation, oh how I love thee, let me count the ways… Now, I don’t know whether is noble to proclaim your undying love to a business concept, but I will say its pretty close. Business innovation is for many companies...

5 Examples of Opportunity Costs

Ahh the beautiful opportunity cost. The definition that changes your entire perspective of the world. One day you are making decisions impulsively without consideration of later effects. And then you learned about this definition. And you learn how to see the world...

Wholesaler Definition Demystified

Public Domain from pixabay Wholesalers before the internet used to be Big Foot, you never saw them so you questioned if they exist. But after the internet, where even manufacturers now have a website, consumers can easily reach the manufacturers directly. Does that...

Definition of a Franchise Demystified

Public Domain from pixabay The definition of franchising has changed over the years due to advancements in legal structuring and better business practices. This definition has enabled practitioners to keep their franchises fresh and innovative. Franchising is a system...

5 Facts You Need to Know About Creating a Competitive Product

Public Domain from pixabay The defintion of a competive product has changed multiple times over the years. As business competitors innovate and push the boundaries of their competitive offerings. How we define a competitive product has also changed. Competitive...