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If you don’t foster this skill, you’ll fall behind the pack financially and professionally in 2023. Opinions expressed by Entrepreneur contributors are their own.
To run a company successfully, you need to know everything about your business, including its financials. One of the most critical financial metrics to grasp is the contribution margin, which can help you determine how much money you’ll make by selling specific products or services. More importantly, your company’s contribution margin can tell you how
Opinions expressed by Entrepreneur contributors are their own. The pet care industry is on a tremendous upward growth curve. More frequently than ever, human beings are bringing furry friends into their lives and discovering how quickly they become family. The business of pet care doesn’t end once someone stops by the shelter or pet store
Opinions expressed by Entrepreneur contributors are their own. Facebook is in trouble. Social media platforms need constant growth to survive, but Facebook is no longer growing. In fact, it’s losing users. As Facebook’s core platform slowed down, Mark Zuckerberg made the fateful decision to shift focus to the metaverse, going so far as to change
Opinions expressed by Entrepreneur contributors are their own. According to Pew Research Center, 74% of Americans trust someone with a respected personal brand, and over half would recommend, do business with or seek advice from these individuals. Many businesses and entrepreneurs outsource the job of building a personal brand to a PR agency. I’m convinced
TikTok is the fastest-growing social media platform, so it’s no wonder brands and individuals alike want to know how to cultivate audiences on this network. But it’s not enough to just post compelling, eye-catching content; you also have to post that content at the right time, which is a science and an art in and
Businesses are primarily successful based on how much money they make or their revenue. But while anyone can roughly grasp revenue, what it means and why it’s essential, revenue as a business figure is a little more complex, especially when you compare it to other metrics like income. Below is a breakdown of revenue in
Opinions expressed by Entrepreneur contributors are their own. Can you feel it? The tides of the workplace norm are quickly shifting. Which side are you on? Are you stuck in the past where traditional plug-and-play marketing methods are fading away as the revenue runs dry? Or are you sinking into your more empathetic side to
Opinions expressed by Entrepreneur contributors are their own. If you’ll be spending more time traveling in 2023, for work or for play, it’s time to start thinking about your plans. With global inflation impacting airfares and prices abroad, you owe it to yourself to be as prepared as possible when traveling the world. StackCommerce That’s