Posts Tagged "Strategic management"

What is a Business Strategy?

Posted by on May 24, 2010 in Entreprenuers | 4 comments

What is a Business Strategy?

Often overused and broad-reaching, the term strategic planning has become yet another one of those vague buzz phrases that get tossed about with little to no real understanding of what it means.  “I’ve developed an Internet strategy that will make us millions.” Simply electing to sell widgets on the Internet does not a business strategy make.  What is the market?  Who are your competitors?  Who will buy your product?  These types of questions along with many, many more provide the foundation for developing a solid strategic plan. A successful business strategy is the combination of art and science. It turns a dynamic situation to your...

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Know your enemy, know your self . . .

Posted by on May 17, 2010 in Book Club | 0 comments

Know your enemy, know your self . . .

Cover via Amazon Modern warfare writings (Sun- Tzu, The Art of Warfare) and traditional philosophy (Socratic teachings) identify the two key tenants of any business strategy: Know your enemy and know your self . . . Understanding your competition (the Enemy) allows you to understand the market, the opportunity and to proactively react to his strategies to gain market share. Whenever someone tells me “there is no competition,” I know immediately that entrepreneur doesn’t know his market. Knowing yourself helps you address your own short comings. if you can’t be the low cost provider due to lack of economies of scale or distribution...

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A Little Advice

Posted by on Mar 30, 2010 in SF Business Services | 0 comments

A Little Advice

Image via Wikipedia Articles, blogs, links and more for entrepreneurs We recognize that it takes much more than financial support to get a Company off the ground, thus we provide assistance in every aspect along the way allowing you to develop and grow a profitable business. Our team offers basic business services including bookkeeping, notary public, inventory management, e-Commerce solutions and more. Useful Links for Business connects you to resources at government agencies, business organizations and non-profits who support small business. What makes a convincing business plan? What do venture capitalists look for at that first meeting? Who belongs on the...

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Guide on How to Write a Viable Business Plan

Posted by on Feb 21, 2010 in Business Tips | 0 comments

Guide on How to Write a Viable Business Plan

Creating a business plan Business plans are known to be the resumes of any business. A business plan can give a good picture of what your business is about, what it offers, the expected profits, and a timeline on how and when your goals will be achieved. If you are serious about starting a business, you ought to draft your own business plan, for no bank will ever give you a loan without seeing a solid business plan. You can search the Internet for free business plan templates. The local bookstores are also the best places to score books about writing a business plan. A sample business plan can give you all the important details to become a business owner. Make sure you...

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