5 Steps To Focusing On Your Business Priorities
Whether you are trying to get clear on your business direction, or your daily tasks, you have to chunk up from the detail swimming around in your head to a higher level focus.
7 Mistakes To Avoid When Writing A Business Plan
A business plan guide is a great place to start when you are getting ready to write your first business plan. But we're going to ignore the step-by-step tutorial for a moment and focus on the real world mistakes you need to avoid.
A Simple Strategic Planning Framework That Gets Real Results
Let me cut through the clutter to offer a simple framework for strategic planning that will turn your strategic plans into the results you want.
Redundancy - A 'How-To' For Managers And Employees
When an economy is experiencing a decline or downturn, restructures and redundancies will always gain greater attention. But this can be part of any business during their life cycle - due to circumstances such as loss in business, a directive from global head office, new management or the merging of two or more businesses.
Predictors Of Success When Entering A New Market
How to quantify the attractiveness of entering a new market.
Creating The Future - Writing A Business Plan
What are the essential elements of an attractive business plan?
Reducing The Risk Of Business Plan Failure
Whenever anybody has a new idea or initiative, before investment dollars are won, the necessary prerequisite of a business plan is demanded, as it should be. The problem is, too often those tasked with writing the business plan are the very same people that conceived the idea, and thus they are biased even before they start.
Ship-Shaping Your Partnership
Things to consider when starting a business with anyone other than the person that stares back at you in the mirror.
How To Write A Dynamic Business Plan
Want to start a business? Start with a great business plan! The elements below will aid you in formulating and writing a dynamic plan that is sure to get you closer to fulfilling your dream.
Increase Profits Through Financial Review And Planning
An essential first step to improving profitability is to step back from the day-to-day business and analyse the activities and financial accounts from a third party perspective.
Assessing Your Dream Franchise
Every prospective franchisee wants to hop onto the next big thing. But how do you evaluate the 'best' franchise opportunity? This article shows you what to look for to make the right decision for you.
Simplifying Strategy And Execution: Transparency Is Essential
Transparent decision making and problem solving processes are essential in deciding and executing strategy.
Creating A Business Plan That Is Useable
'Business plan' remains a dusty, conceptual notion for many businesses. Here's how to bring that document to life so you can start achieving this year's goals right now.
What To Include In The Financial Section Of A Successful Business Plan
Having extraordinary skills and talent in a business area, being hardworking and determined, persistent, having great ideas and full of energy is a fantastic mix for a successful business career. But all those exquisite qualities mean nothing if the end result is not represented in the bottom line.
Weigh-Up Franchising Opportunities Before Committing
Franchising can be a good way of starting up your own business, but it's not without risks. This article outlines some of the pros and cons.
Get The Most From Your Strategic Alliances
By forming strategic alliances, businesses can achieve new market penetration, gain new technology, and customer solutions can be jointly developed and delivered.
Make Time To Do More Than Mark Time!
We all know that SME businesspeople are far too busy to work on their business, and focus all their efforts on working in it. Don't we?
Novelty - Being First Carries Its Own Special Risks
Whilst it may be nice to be a pioneer and the first to market with something entirely new, understand that being first is not necessarily the best place to be when it comes to new products. In general, one needs to be mindful of the risks in new enterprise and to understand the special risks involved in being the pioneer.
Strategic Planning That Works!
Did you know that 70% of people in organisations are passive about change? They prefer the status quo. That’s the bad news. The good news is that the same 70% will change - given a convincing enough reason to do so.
Document Good Ideas Into Your Business Plan
Many business owners and managers have a number of good intentions and new ideas for their business that they mull over. However, unfortunately many of these good ideas never see the light of day.
So You Want A Business Plan
Quite frankly the most important requirement for success in business is a business plan. After all, if you don't know where you are going, how the heck can you get there?
Drumming Up Business
During start up, most business owners spend time working out the strategy behind their operation. They cogitate and ruminate about which methods to use for everything from managing staff to product development. Typically, though, the start up phase is the only time strategy is seriously looked at.
Failing To Plan Is Often A Plan To Fail
To ensure the survival and prosperity of a business, owners and the managers they employ need to address the issues of proper and effective planning, management and marketing.
Making Business Plans That Work
Drawing up a business plan is just the first step; the real challenge is ensuring that it becomes a living, effective dimension to your business.
Six Steps To Profitable Planning
'So much of what we call management today, consists of making it difficult for people to work.' Peter Drucker
Reviewing Your Business Plans - Why And How
A checklist.
Business Plan Preparation
Business planning isn't a single event in the life of your business. It doesn't matter what stage your business has reached in its growth cycle - whether it is growing as planned, is having problems, or even moving away from its core business - you must regularly revisit, review and refine all the processes involved in creating and carrying out your business plan.
Link Today's Actions With Tomorrow's Goals
Do your business’s budgets bear any resemblance to its long-term strategic objectives. "No" is not an uncommon response. A probable reason?
Market Entry Strategies And Small Business
A large proportion of small-to-medium size enterprises (SMEs) enter the market by developing market niches. However, the very fact that SMEs do not have plentiful resources might suggest that they will not be able to niche successfully beyond the short term.
Nine Future Catalysts
Welcome to a new era in business. In a marketplace more competitive than ever, with diminishing gross profit margins, organizations are looking to form and sustain relationships with other businesses that will help them keep their competitive edge. But, this shouldn’t be news to most of the business world.
Why Plan?
Business planning is not a technique - it is a complete way of running an organisation. It is a system that needs to be implemented, maintained and continuously improved.