Creating a business is solving a problem. And it doesn’t have to be an earth-shattering problem. The problem might be better lighting for a TikTok video. Or wanting to keep your beverage cool. For every product, someone uncovered a problem and an idea was born. Look around your home and the products you have. What problems do they solve?

You may not be the designated team leader, but you can still offer leadership to your Spirit Box team.

Below you’ll find some examples of the roles people can play when working with others. This list is by no means exhaustive, but it can provide insight into what it is that you bring to the table besides just your job title or specific title-related business responsibilities

The company starts with one person (the founder and CEO). Like any company, it was founded upon the solution for an unsolved problem that they want solved in the marketplace.

Studying the competition helps you choose the most viable and innovative tactics and best practices to create and maintain a competitive advantage with a strong potential for profit. If you’re not better than your competitors in some way, there’s no reason for consumers to choose you.

An operations plan is a part of the overall logistical plan of a company. An operations plan is a written document created to organize, plan, and coordinate activities across business functions.

Production within a business is essentially all of the components of running, operating, producing, and distributing goods or services.

Marketing is the activity and processes for: creating, communicating, and delivering offerings that have value for customers, clients, partners and society at large.

A sales and marketing strategy within a business is your plan for reaching, engaging, and converting your target market into profitable customers. The goal behind marketing is to promote your product or service in return achieving sales and revenue.

Having a strong understanding of your finances is absolutely essential for running a business. So where do you start?