Posts Tagged ‘Strategy’
What to Do During a Slow Season
A slow season every now and then can be difficult to avoid, as most small businesses will inevitably hit a slump in revenue at one time or another. However, just because profits have dropped does not mean work is over.
Read More Tips to Boost Your Business
We all want our businesses to be successful, but not all entrepreneurs take the time to map out a plan to make success a reality. All it takes is a bit of strategy and elbow grease to be on your way to making your dreams a reality.
Read More Acronyms: Does BS Stand for Business Strategy?
Real business strategy is mostly just focus. It’s about what you don’t do, sort of like how a marble sculpture is formed by what’s removed from the original block. Focus on what you and your business do best, what you do better and different, and then focus on a specific set of potential customers and focus again on building exactly what they want or need.
Read More Strategist? No, Please—Not Me
I don’t want to be a strategist. Yeah, like you, I like to be a thinker. I like analysis. And strategy sounds cool. But the term strategist is too much pomp, arrogance, a relative of using utilize instead of use, or at that point of time instead of then.
Read More Do You Have a Plan for Your Small Business Future?
New findings released from a study conducted by Securian Financial Group show that many small business owners plan on leaving their companies within the next decade, but most do not have any type of exit plan or proper future outline for their entrepreneurial endeavors.
Read More How to Balance Business Risk Versus Opportunity
There is no real business opportunity without risk. Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive dream of a get-rich-quick scheme with no risk.
Read More Employee Trust: Strategic Planning Can Kill It
Trust is the foundation of effective and authentic leadership. Without trust, leaders lose teams through attrition, or dangerously low engagement. Among the many qualities of trusted leaders, clarity is key: People trust the clear and mistrust the ambiguous. So, leaders who earn employee trust provide transparency around goals, plans, and expectations.
Read More Developing a Global Strategy
Once you’ve decided which foreign country you’d like to enter, it’s time to develop a strategy for how to successfully penetrate the market and create an immediate impact on sales for your business. Here are a few steps that I suggest taking to ensure you’re ready to take your business international.
Read More Strategy for Streamlining Your Processes
Every startup has to develop a process for doing business. Whether that means the business owner has sketched a detailed map of each employee’s day-to-day functions or merely drawn out a list of guiding principles that lead the organization through each and every business transaction.
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