Posts Tagged ‘business plan’
How Big Can I Grow My Business?
This can be a really tough question to answer, in particular if it is your business. First, there are resources we need to successfully grow a business. “Would we be able to find and afford them?” Secondly, “How do I develop a business plan that if effectively implemented will lead to growth of my business?” Thirdly, are the questions about oneself like “Am I qualified to lead this business and successfully grow it according to…
Read MoreHow Do I Maintain Growth?
This is one of what I call a magical question; everyone in business ask the question where is your growth, and everyone has their own answer. One of my law professors summed it up best, “You say.” I would agree that there can be many answers and in most cases the answer for growth can be very long and sometimes complicated. I choose to try and keep it simple as I do with all my…
Read MoreWho Makes Up The Planning Team?
The answer to that question would seem to be easy if your business is a sole proprietorship and you are the only employee of the business. You are the planning team. Let me suggest that may not be the best answer. Even if you consider yourself a team of one, there are others that can help you develop a better business plan. A good place to start is with organizations in our community or online…
Read MoreDo I Need to Use a Dynamic Business Plan?
The word “dynamic” is defined as an Adjective: “(of a process or system) characterized by constant change, activity, or progress: “a dynamic economy”, or as a Noun: “a force that stimulates change or progress within a system or process: “evaluation is part of the basic dynamic of the project.” In a real sense both definitions could apply to your business. For example, if you are starting a new business or introducing a new product or…
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