You must have read or heard about the branding failures of large businesses in the news – those massive errors that spelled doom for once successful ventures. While not making headlines, the collapse of small businesses are more common as a result of branding mistakes. Therefore never underestimate the power of branding. This must rank as one of the deadliest mistakes in the world of making business. Many people think of “brands” as being large, important identities everybody knows about like Nike, Coca-Cola, and Samsung. But building a credible identity for a small business is just as vital, and one of the first steps along the path to success. Here are five common branding mistakes committed by small businesses. All can be avoided with a little thought and planning. Bad business name Branding can’t be generic. It can’t be crude. It can’t be repetitive, or something we’ve all seen before. Your business is your baby, so give its identity th...
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