When starting a new business, it is essential to have a viable business plan for your new venture. A good business plan helps you gain the requisite financial support from your creditors and bankers, garner support from your customer base and focus your efforts on what is important.

If you search Google or any other search engine on the internet for the term “CRM” you are likely to see more than 100 vendors offering CRM technology as the end-all and be-all solution to solving all your company’s aches and pains, along with a lot of paid advertisements for the latest and greatest vendors to hit the market. While these vendors are readily spending millions on advertising, they have little to say on their company websites as to how to successfully implement CRM solutions to meet the needs of your business. Couple this with the number of companies reporting failures in their CRM initiatives of 60-70% of companies polled, we felt compelled to share our experience from the last 20 years designing and implementing numerous CRM-like solutions across a large number of industries, and bring you the following list of the biggest mistakes that we have seen:

Whenever the terms offshore operations and business are used in the same breath, they are always used in reference to ways of reducing taxes and reducing how much in house operations depend on reduction. A business that also does offshore operations is doing so in an attempt to reduce costs. This mainly applies in cases where one is getting job contracts and human resource from abroad. In the same way, offshore hosting is also becoming part of the business world.

There’s a lot of information on the internet about how to make money online. Some people believe that all of this information is good for new people in this industry. But is that true?

For clothing line start-ups and established brands alike, this is possibly one of the most frustrating and time-consuming topics. Where to source my t-shirts?