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Building a business will bring plenty of ups and downs, as well as lots of surprises. If there’s one tool that can help you roll through those ups and downs and make adjustments along the way, it’s the old fashioned business plan. A business plan is an actualized, logical breakdown of your company’s future. It’s…
The Pric(ing) Is Right!
Pricing Strategy in Today’s Economy What is Pricing?Have you ever asked yourself what “Pricing” really is? We all jump to thesimple definition of price – the cost of the product or service. Morespecifically, the cost per unit or cost per month or cost per module, etc.However, “Pricing” is so much more than the bottom line…
Getting a Business Loan
One of the hardest things to do in small business is getting that first loan. Due to recent ups and downs with both Wall Street and Main Street, lenders can be skittish when it comes to lending capital to businesses for the first time. While it’s easy to demonize banks, small businesses and the financial…
Business Metrics: Why Business Metrics Are Important (ep 1)
Business Metrics are important for every business. Find out how to easily begin monitoring basic metrics for yours.
Successfully managing a business through inflation
Inflation sucks, let’s be real. It means paying attention to your costs to do business as well as increasing costs for your customers. As a business leader if you have not already done so, you’re thinking about raising the price of your products and services. Whether you run an inventory based business where the costs…
Arena Tools and Templates
At Arena, we know it’s important to have systems and processes in place so that you can focus on the nuances of your business rather than repeatable operations. Basic Forecast Advanced Forecast