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Explore the Entrepreneurship.org Resource Center to find resources. Designed with entrepreneurs in mind, our resource center allows you to find materials to grow great ideas.
A Memorandum of Understanding (MOU) is an agreement outlining the roles and responsibilities of people in a collaboration. These documents are important because they list the critical points of a relationship between entrepreneurs and strategic partners.
This sample legal agreement covers terms and conditions relevant to strategic partnering, including language on transaction structure, due diligence, and financing. It uses a real estate transaction as its example, but the agreement's structure and terminology can be broadly applied.
This sample distribution agreement template includes terms for strategic partner responsibilities and obligations, such as shipment and delivery of product, as well as language covering confidentiality and termination.
This sound advice will help entrepreneurs better manage inventory and improve profitability and cash flow.
Although the type of distribution channel you choose depends on your industry, type of products or services, and the business model, many entrepreneurs slightly adapt their distribution strategy to better meet the needs of customers.
Distribution strategies help entrepremeurs meet the demands of their customers and increase sales.
This tool helps entrepreneurs determine the best means to distribute their products and services.
Before building a detailed line-by-line budget, entrepreneurs should prepare a preliminary forecast, projecting estimates of the primary components of profitability--sales, cost of goods sold, and operating expenses.
This tool provides questions to help entrepreneurs consider the strategic and tactical pluses and minuses of investing in new product/service development.
Use this tool to identify your major customer groups, their distinguishing characteristics, and the market research needed to develop a customer profile.
Using the four basic growth strategies--Market Penetration, Market Expansion, Line Expansion, and New Business Development--this tool helps identify potential growth opportunities for a business.
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