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Dacey Rankins

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2025-11-18 17:13:59 -

Essential Tools and Technologies to Support Effective Business Development
Business development (BD) is a multifaceted discipline that requires strategy, relationships, execution, and constant tracking. As companies grow, manual tracking and ad hoc spreadsheets become inadequate. To succeed, BD professionals rely on tools and technologies that streamline processes, improve communication, and measure impact. This article provides a comprehensive overview of the tools...

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Dacey Rankins

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2025-02-11 15:46:59 -

Can a Business Consultant Help with Implementing Their Recommendations?
When a company hires a business consultant, they often expect valuable insights and recommendations to improve performance, solve problems, or drive change. However, a common question that arises is: Can a business consultant help with implementing their recommendations? The answer is yes—many consultants do provide implementation support in addition to delivering their recommendations....

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Dacey Rankins

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2025-04-07 17:35:19 -

Do I Need a Co-Founder to Start a Business?
One of the most common questions aspiring entrepreneurs ask is whether they need a co-founder to start a business. While it’s possible to start a business on your own, having a co-founder can offer significant advantages. In this article, we’ll explore the pros and cons of having a co-founder and help you decide whether it’s the right choice for your startup. 1. Solo Founder...

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Dacey Rankins

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2025-04-30 12:57:09 -

Do I Need a Co-founder?
One of the first decisions many entrepreneurs face when starting a business is whether to go it alone or bring on a co-founder. While it's entirely possible to build a successful company solo, having a co-founder can offer significant benefits—especially in the early, uncertain stages of a startup. The Case for Having a Co-founder 1. Complementary SkillsNo one is good at everything. A...

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Dacey Rankins

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2025-04-24 17:12:41 -

Do Incubators Take Equity in Startups?
Startup incubators provide a wide range of valuable services—from mentorship and networking to office space and business development support. But one common question among entrepreneurs is whether incubators take equity in exchange for these benefits. The short answer: it depends. Understanding Equity in Incubators Equity refers to ownership in a company, typically offered in exchange...

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Dacey Rankins

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2025-04-22 15:35:30 -

How Do Accelerators Differ from Incubators?
Startups often seek external support to refine their ideas, develop products, and scale quickly. Two popular avenues for this support are accelerators and incubators. While both aim to help early-stage businesses succeed, they differ in structure, goals, and the type of support they offer. Understanding these differences can help entrepreneurs choose the right path for their startup journey....

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Dacey Rankins

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2025-02-28 16:10:37 -

How Do I Determine If I Am Capable of Starting a Business?
Starting a business is a bold and exciting venture, but it’s not without its challenges. Before diving in, it’s important to take a step back and assess whether you’re truly capable of running your own business. It’s not just about having a great idea or securing funding—it’s about having the right mindset, skills, and resilience to overcome obstacles. In...

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Dacey Rankins

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2025-04-24 16:52:09 -

How Does a Startup Incubator Work?
In today’s fast-paced entrepreneurial ecosystem, startup incubators play a vital role in helping early-stage companies grow from idea to operation. These organizations offer a nurturing environment designed to support entrepreneurs as they refine their business models, test their products, and connect with essential resources. What Is a Startup Incubator? A startup incubator is an...

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Dacey Rankins

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2025-04-17 12:47:02 -

How Does Intrapreneurship Differ from Entrepreneurship?
In today’s fast-paced and innovation-driven world, both entrepreneurship and intrapreneurship have emerged as powerful forces shaping the future of business. While they share similarities in fostering innovation and taking initiative, they differ significantly in their approach, context, and risk structure. Understanding the distinction between these two concepts is crucial for...

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Dacey Rankins

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2025-11-17 18:49:44 -

How Much Does It Cost / What Budget Do I Need for Business Development Activities?
Business development (BD) is widely recognized as a critical driver of growth for companies of all sizes. However, one of the most common questions business leaders, startups, and executives ask is: “How much should we budget for business development activities?” Understanding the costs involved is crucial because BD is both an investment in future growth and a resource-intensive...

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Dacey Rankins

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2025-04-24 16:54:05 -

What Are the Benefits of Joining a Startup Incubator?
Starting a business can be a challenging and isolating journey, but joining a startup incubator can offer founders the support and resources they need to thrive. Incubators are designed to nurture early-stage startups, helping them transform promising ideas into sustainable businesses. Here are some of the key benefits of participating in a startup incubator: 1. Mentorship and Business...

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