Tag: Startup
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Pricing Strategy for Products or Services
Properly pricing your product or service is key to your business’ success or failure. Smart pricing strategy starts with understanding the market price, which is the average price charged by all your competitors & the price at which their product or service is generally valued in the marketplace. You can then choose to charge a…
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Startup Business Concept Refinement
Refine your business concept by researching available information/knowledge to see what works … try to duplicate those things that don’t affect your unique concept. Validate your product/service value proposition by customer testing using the least costly modeling method (minimal viable product) to find product-market fit & gather feedback from potential customers. SIMPLIFY your “vetting” research…
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Business Startup Checklist
Register & Maintain a New Business Register your business with the Colorado Secretary of State’s office by filing online. Subscribe to email notifications to receive important reminders related to your new business. The Secretary’s office sends all business reminders electronically, so it’s important to keep an active email address on file. Maintain your record at…