Strategic-Planning
Five Crucial Components of a Business Plan
The format of a Business Plan is something that has been developed and refined over the years and is something that should not be changed. Like a good recipe, a business plan needs to include certain ingredients to make it work. Read more →Five Easy Steps to Running Your Business
When you start a business by your choice or not, getting everything in place on time so that you can have customers in the door (and buy your products and services) can seem like it is endless. Read more →Five Steps to Creating an Effective Strategy for Your Organization
Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.-- Sun TzuA study not so long ago said that most companies have strategies, but 70% to 90% of them fail to execute those strategies. Read more →Focus on Future - Values and Concepts of Malcolm Baldrige Criteria; Part 6
In this issue, I will share my experience acquired from the conglomerate and its operating companies. For the purpose of this article, I will articulate the Focus on the Future which is one of the eleven core values and concepts used in Malcolm Baldrige Criteria. Read more →Footprints to Success: The Five Priorities of Strategic Planning in Wholesale Distribution
Strategic planning is a management tool. It is used to help an organization clarify its future direction ? to focus its energy, and to help members of the organization work toward the same goals. Read more →For Business Owners Only - You Can't Be Fired But Neither Can You Quit
The decision to sell, or not to sell your business is a difficult one. There are many questions that need to be answered before an informed decision can be made. Read more →Franchise Agreements and Hurricane Clauses
Have you considered franchising your business? Well many business owners wish to do this. Franchising can be a great method for rapid expansion and brand expansion but do not forget about the weather. Read more →Franchise Agreements, Cash Flow and Royalty Payments
One of the biggest concerns in franchising for a franchise company is cash flow. And that means a franchisor must pay careful consideration to royalty payments from its franchises and franchise outlets. Read more →Franchise Companies Regional Brain Storming Efforts Yields Success
It is paramount to continually seek the best and most efficient systems in any business to service the customers, beat the competition and make money. In franchising it is most important to have brainstorming sessions to keep your team bleeding edge. Read more →Free Counseling and Advice Every Startup and Growing Business Needs To Succeed
Business counseling fees can be extremely expensive and not knowing where to turn for business advice can be a significant waste of valuable time. That is why there are 80 Business Information Centers (BICs) in the United States and over 1,100 Small Business Development Centers (SBDCs). Read more →← Previous Next →
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Aphorism
"This Time It's Different" are among the most costly four words in market history (March 1994)
John Templeton