The Next Great Wave Of Innovation – Succeeding Through Turmoil
How do you see change – as an opportunity or a threat? Our industries, our society and even our world are in a state of flux as we struggle to come to terms with turbulent economies, dwindling resources and a changing climate. In The Sixth Wave, a book on business and innovation, authors Moody and […]
Get On Top Of Business Forecasting
Want to stay in business and be profitable in this economic climate? The answer is to plan, but it is difficult to think in terms of three to five year plans these days. So focus instead on the next 12 to 18 months and use “what if” scenario planning and stress testing along the way. […]
Finding Your Niche
Large companies often leave smaller market segments unserviced since they don’t represent, for them, a sufficiently profitable target. A small business can capitalize on these unmet needs by developing a product or service that fills the gap. You can think of a niche market as a narrowly defined group of potential customers. A niche market […]
Realizing the True Value of your Business
f you are planning to sell your business, it’s clearly an advantage to have an objective idea of what it is worth. Even though ultimately a business is worth what a buyer is willing to pay, it’s easy for a seller to undervalue and lose out in the deal or to unrealistically overvalue and miss […]
Keeping Your Business On The Right Track
A business plan is a roadmap that sets out your route for the development of your business. It doesn’t tell you just about the current state of the business, its strengths and its weaknesses, it will also show up the opportunities and what needs to be done to stay ahead of the competition. You might […]