10 Things That Build Business Value!!
ShareThinking of selling? Expanding? Secure Funding? Retire? Other?
10 Things That Build Business Value!!
1. Establish your brand in the marketplace.
2. Develop your operations manual. Put systems into place that will let your business maintain or grow in your absence.
3. Be vigil in keeping your books current; showing accurate, clearly identified and consistent records. (Remember, besides [...]
Did You Know – A Business Plan Can Make You Money Whether You Put It Into Action Or Not?
ShareDid You Know – A Business Plan Can Make You Money Whether You Put It Into Action Or Not?
I am often amused when someone claims they don’t need a BP (Business Plan) because they “fly by the seat of their pants”, or “a BP is a waste of time”; then smugly point out they have [...]
5 Basic Steps Defined for Long-Term Profitability
Share5 Basic Steps Defined for Long-Term Profitability
In case you hadn’t noticed, many articles, experts, textbooks, etc. tell you that you are “confused” if you don’t subscribe to their particular definition of business terms. I too have my set of definitions, and because this is my Blog you will find them listed below.
Please understand that my [...]
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2 Kinds of Business Owners – Which Are You
Share2 Kinds of Business Owners – Which Are You?
The first business owner fully understands the numbers required to run a company. He knows to the penny the start-up and general expenses, cost of goods, and the break-even point. He sees the trends and how the customers are responding to the company’s marketing and the employee [...]
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Identifying Your Target Market
ShareIdentifying Your Target Market
Take a good, objective look at your product and service – then ask yourself…
“Who are, or who will be, my customers?”
Passion – Does it Make a Difference?
ShareIf you are passionate about what you are doing, does that mean you are going to be more successful?
Yes – and – No.
Yes. If you are passionate about what you are doing, you possibly have a greater chance to be successful. One of the biggest reasons is that you are much less apt to resent [...]
9 Tips How to pick a Business Idea – Part II
ShareAs we discussed in Part I, if you have been considering starting your own business but can’t find that perfect idea, maybe the following will help you.
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5 Tips to Select a Business YOU would like to Start – Part I
ShareWhether we are referring to our business or our life ~ we wonder what our next 30 years has in store for us.
A year ago, many of us felt we had the luxury of pondering if we wanted to continue working or if we wanted to retire. Our biggest concern was that we were being [...]
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Defining Business, Strategy and Marketing Plans
ShareBusiness Plan: Two Plans in One
#1. The basic BP lays out the factual, nuts and bolts foundation of your business. From that full blue print of your business, you may confidently:
• Build your business
• Implement on-going strategies
#2. Whenever funding is needed, you are able create the needed documentation ……
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ONE PAGE Business Plan – trip analogy
ShareONE PAGE Business Plan Guide
If you need a business plan, or to update the one you have, but also wondering what it will take to do it, then here is a quick summary of the steps to take.
Everyone should have a Dream or Life Goal. And with every Dream there needs to be a plan [...]
