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Cash is King, But Why Doesn’t Anybody Talk About ROI?
Stoke Startup aims to empower youth in Stoke-on-Trent to transform innovative ideas into successful businesses. Key to this is understanding cash flow and return on investment (ROI). Effective cash flow management ensures operational stability, while ROI guides strategic decision-making. Balancing both concepts promotes sustainable growth and entrepreneurial success.
How to Find Customers for Your Business in Stoke-on-Trent
Starting a business in Stoke-on-Trent involves crucial steps like understanding your target customer, utilising local resources for networking, and leveraging digital marketing efficiently. Engaging with the community and establishing trust is essential for attracting loyal customers. Practical strategies include participation in local events and leveraging social media for outreach.
Spotlight on Stoke-on-Trent Startup Success: Connect Anything in Audio Visual Integration
In 2019, Tim Dean founded Connect Anything, an AV integration company, after leaving a secure job. Despite challenges posed by COVID-19, the business flourished. Emphasising market niche identification, perseverance, and community support, Connect Anything achieved significant growth and positioned itself as a major player in the AV industry from Stoke-on-Trent.
