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 [...]
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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4 Points Identify Your Target Market- Part II
Share4 Points Identify Your Target Market- Part II
During our original discussion of “Identify your Target Market” we narrowed it to 4 main points:
1. Become a specialist! One of the first things you need to do is refine your product or service so you are NOT trying to be ‘all things to all people.’
2. Next, you need [...]
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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?”
