What Is The Problem? The 5 P’s of Starting a Business, Part One

So you have an entrepreneurial itch to start your own business and you are trying to develop a business plan. You’ve been doing your research, and in almost every business textbook you open you will find something about The Marketing Mix – also referred to as the 4 P’s of marketing: Product, Place, Price, and Promotion. This process has been used by organizations for many years to bring a product or service to the market. It is helpful when developing a specific marketing plan, but maybe you’re looking for more help developing an entire business plan. Just like the 4 P’s of marketing, Small Town Big Idea brings you the 5 P’s of starting your small business. Small Town Big Idea wants to help entrepreneurs manage all aspects of their business and market effectively to their target public. We will discuss each individual P in a 5 part blog series to help you create a business plan that sets you up for success. The first P we will discuss is Problem.

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How Can I Grow My Small Business?

Entrepreneurship takes an astronomical amount of courage and tenacity to be successful.  One of the biggest struggles that small businesses encounter is budgeting for marketing.  Many can’t afford marketing agencies or business coaches to give them guidance on how to effectively market their product. This is where Small Town Big Idea steps in.  Our goal is to provide an EASY, and most importantly AFFORDABLE solution for your business to hit the ground running.

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314 Broadway, Suite 202
Paducah, KY 42001
Phone: (270) 908-4041
Alt Phone: (855) 333-3200

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