strategic planning

Why you should review your business risks regularly

January 11, 2011

Running a small business can be a risky venture, but by regularly reviewing your business risks, you can take steps to reduce the risks. Often people who run a small business will take on personal financial risks associated with the business, so if the business fails, the small business owner can lose personal assets, such [...]

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Is Your Product Still Relevant?

November 30, 2010

Times change and society’s needs change too. Anyone who made money selling music cassettes in the 1980s has had to deal with several changes in technology, all designed to make that product obsolete. Obviously, advances in technology are not the threat to your product. As people became more environmentally conscious in the past two decades, [...]

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Why You Need to Continue to Plan for Your Small Business

March 16, 2010

As a small business owner or entrepreneur, you started your enterprise with an overall goal and a strategic plan to reach that goal. How long is it since you even looked at that plan? Planning is an essential skill for any small business owner or entrepreneur. Without good planning, your business is likely to fail. [...]

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