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Strategic Planning Information

8 Ways to Earn More Without Working Harder


Conventional wisdom has it that there are only three ways to grow your business: find new customers, increase the amount of each sale to existing customers or get customers to buy more frequently. But I've seen business owners go blank when presented with those three options. So here is a more useful list of ways to increase your total revenues without in most cases having to put in more hours at the office.

6 Changes You Can Make to Increase Business Profits


I read once that something like 30 percent of all drinkable water gets wasted on the way to the consumer by leaky pipes. Likewise, your business may be letting potential revenue drip away, to be lost forever, all over the place. Use this checklist to make sure you are taking best advantage of all the opportunities for earnings that would be arriving safely if you only plugged up those holes.

Elite Positioning Brings Higher Profits


Imagine spending the same amount of money on marketing andperforming the same amount of work to deliver your productsor services, but earning more money and keeping more afteryour expenses. That's what happens when you instituteelite positioning for your business.

Five Crucial Components of a Business Plan


The format of a Business Plan is something that has been developed and refined over the years and is something that should not be changed. Like a good recipe, a business plan needs to include certain ingredients to make it work.

3 Ps of Planning - Prepare, Personalize, Pilot


Here's a really simple way to make sure your plans alwaysproduce the results you expect.

Troubled Waters Require Capable Leaders at the Helm


Canada's lean leaders need to look beyond the horizon and chart the future

Your Business: Will It Have A Happy Ending?


"Begin with the end in mind," says Stephen Covey in his book Seven Habits of Successful Living. Those who have created a successful business know it does not happen without planning, hard work, and a little luck. Yet most have no plans for leaving their business, ever.

2 Simple Steps Before Starting Your Business


There is so much small business information available today that it's easy to be bogged down by the sheer volume of it all. Where does one start? Well, it's safe to say not all the information you'll receive will be of equal value. So it's important to be discerning when you're thinking about applying any suggestions to your new business. In many cases, you'll find some suggestions don't match your business type, management style, budget, or industry. This could lead to wasted dollars spent and time lost. So learning how to research and compile information will be key in developing a plan that is tailored to fit your business needs.

Building a Better Brick-and-Mortar with the Billion-Dollar Web


More than $117 billion passed hands from Internet shoppers to Internet vendors in 2004, according to the statistical research firm comScore. That's billion, with a B. Compared to the year before, the figure represents a whopping 24 percent increase in sales. Compared to the early 1990s, when the Web was a questionable commercial venture, today's $117 billion is proof-positive that the Web is the full-fledged money-making machine. It seems to be a big enough pie that any merchant with a Web site can cut out his heaping slice.

Don?t Allow Yourself to Get Burned


I am not a big fisherman, but I do enjoy it whenever the opportunity comes my way. I have some friends who are fanatics and occasionally I will go out with one of them. They have nice boats and it makes for an enjoyable day.

Laying It Out On Paper


You might be thinking to yourself, ?Why should I waste my time writing a business plan? I know what (web designers, freelance writers, professional organizers) do!? Knowing intellectually what your industry is all about and pinpointing exactly where you want your business to go are two entirely different propositions.

How to Write a Business Plan in Five Steps


People often ask "What makes a good business plan? Or, "How do I make my plan attractive to lenders and investors?".

How To Leverage Your Current Ideas And Products Into Multiple Revenue Streams


Diversify - to make diverse, give variety, to balance, to divide securities in different industries, to produce variety, to engage in varied operations.

The Top 10 Priorities That Guard Your Five-Star Reputation


Making money doesn?t make your reputation... your reputation makes you money. Gala Gorman

SWOT Analysis


If you?ve ever listened to Warren Buffett talk about investing, you?ve heard him mention the idea of a company?s moat. The moat is a simple way of describing a company?s competitive advantage. A strong competitive advantage, or a wide moat, gives a company sustainability, which, as investors, we?re highly interested in.

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