Monday, April 29, 2024

5 Reasons Small Business Owners Need A Written Business Vision

One of the mistakes the majority of business owners make in building a profitable business is not creating a short, written statement that envisions key aspects of their company 3-5 years into the future. Why is that a mistake? With your time in such short supply, why should you use this scarce resource to write […]

Rapid Business Planning: An Essential Ingredient for Business Success

Shrinking business cycles make old ways of business planning obsolete and ineffective. Consumer preferences and markets are changing rapidly. The utility of the Internet along with breath-taking advancements in technology have made it possible to shrink product development and testing cycles from years to months or even weeks in some cases. In today’s web-enabled economy, […]

Business Planning: Trends That Make The Old Way Obsolete

The old way of writing a business plan was born at a different time in a world that hardly resembles the world we work in today. While old style business plans have some validity and are required for things like attracting venture capital or securing a line of credit or funds from a lending institution, […]