Understanding Opportunity Cost as a Small Business Owner

Running a small business or startup is often a balancing act, filled with countless decisions that can shape the future of your company. One critical concept that many entrepreneurs overlook is opportunity cost. How often are you thinking about opportunity cost when it comes to your business? Let’s dive into why understanding and considering opportunity cost can be a game changer for your enterprise.

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Small Business Owner’s Guide: The Value of Your Time

In the wise words of Miles Davis, “Time isn’t the main thing. It’s the only thing.”

This statement couldn’t be truer for small business owners. You have everything to get done, but there are only so many hours in a day or week to do it. If you’re feeling overwhelmed and turn to the internet for advice, you’re likely to find a plethora of management strategies promising perfection—for a price. These can often be too vague or not easily actionable.

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Social Media Tips Small Business

Social Media Tips for Small Business

1. Develop a content plan

Developing a social media content plan that aligns with business goals is an important step in creating a successful digital marketing strategy. The plan should include objectives, target audience and content strategy. Objectives should be specific and measurable and should focus on the desired outcomes for the business.

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Benefits of Networking

7 Benefits of Business Networking

From personal experience here at P7 we know that business networking is an invaluable tool for entrepreneurs and professionals alike. It allows you to build relationships with other professionals, find new opportunities, and increase your visibility within your industry. With the right approach, it can be one of the most powerful tools for growing your business. Read More

Testimonials

  • Elina and her team are amazing! They took the load off and enabled us to focus on what we are good at; running the business. They are doing everything from book keeping, answering the phone when we can’t, invoicing to social media posting for us. It makes our “to do list” way more manageable. Thank you of everything you are doing for us!!

    Ida Larsson, White Lynx Photography

  • Elina and her team have been wonderful over the past few years assisting my company with various administrative services. I could not have done it without them. I highly recommend Project Seven as an exceptionally professional company with the ability to adapt to your individual company’s needs.

    Mark Hurdley

  • The team at Project Seven recently provided their support and expertise on the production of a corporate publication. The attention to detail, creativity and professionalism are just some of the components that really made me go “WOW!” What I enjoyed the most was how they were able to take this work off my plate, and just get it done and get it done well.

    Pamela Slater

  • I have been working with Project Seven for a few months now, and I am so happy with the work they are doing. They have taken over my sales calls, VIP group and social media, which has given back so much more of my time. I can’t recommend Project Seven enough! If you have been thinking about outsourcing some work, you won’t be disappointed!

    Jade Crowe

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