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Looking for ideas up and down the Value Chain
There is quite a bit of academic research that says entrepreneurs start companies in industries in which they have work experience. They can leverage their deep knowledge of the industry to come up with a way to add value. A great way to brainstorm business ideas within an industry is to use the value chain.…
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Different Ways to Expand Your Business
Sooner or later growing businesses will reach a point where they have saturated their current market. After all, there are only so many people who are willing to rent movies from a kiosk. But that did not stop Redbox from figuring out a different way to grow. According to Inc. Redbox and Verizon are now…