Strategic-Planning
Do You Know What Your Strategy is?
It is fundamental to all businesses that understanding your markets and customers allows for the development of effective strategies. Strategies that, when implemented will enable you to develop your competitive advantage. Read more →Do You Know Where Your Business is Headed?
No matter what time of year it is, if you don?t have a clear and concise written plan for where your business is heading you?re in for a surprise. Twelve months from now it will end up somewhere, you just won? Read more →Do You Really Need a Business Plan?
"I don't need a business plan."Neither did Alice in Wonderland."Would you tell me, please, which way I ought to go from here?""That depends a good deal on where you want to get to," said the Cat. Read more →Documenting the Exit Strategy in Your Business Plan
All investors greatly desire and are motivated by a clear picture of a company?s exit strategy, or the timing and method through which they can ?cash in? Read more →Does Your Business Plan Ease These Investor Concerns?
Business investors are sensitive to at least three major constraints when evaluating business plans. I call these constraints The Three R?s: reality, readiness, and resources. Read more →Don't Allow Yourself to Get Burned
I am not a big fisherman, but I do enjoy it whenever the opportunity comes my way. I have some friends who are fanatics and occasionally I will go out with one of them. Read more →Don't Go With Market Forces - Don't Go With The Crowd
Why would you want to follow a competitor in the wrong direction? Believe it or not that?s what many businesses do. They?re too frightened to make a decision that isolates them away from the competition. Read more →Don't Just Talk About the Weather, Use It to Advantage
A well known, national chain of restaurants discovered that certain weather patterns substantially impacts their business. They have studied it and found that more people go out to eat dinner when there is a series of beautiful days. Read more →Don't Reinvent The Wheel, Just Get Yours Rolling Again
?There is no new thing under the sun? wrote the wise author of Ecclesiastes. The wheel was always present, it just took man catching up with the idea to implement it. Read more →Don't SWEAT Over Business Plans ? Use a SWOT to Pinpoint Practical Ways of Growing Your Business
Stop and think before you attempt to construct plans for your business. Take stock to consider the full range of external and internal factors that will impact on your success. Read more →← Previous Next →
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Aphorism
I'd be a bum on the street with a tin cup if the markets were always efficient.
Warren Buffett