Why should you perform a SWOT analysis regularly? This planning technique can help you identify what your business is doing well and what it needs to improve. Read more
One of the early-developed lean tools, developed in the 1930’s, is The 5 Whys. It is a problem-solving technique developed by the founder of Toyota Industries Corporation, Sakichi Toyoda. It's also useful for solving your business problems, regardless of your industry.
I have had an exciting, intense and wonderful career as a management consultant and have worked with organizations around the world. I have worked with groups trying to chart their future, groups that were stuck trying to get to the future, groups that were locked in conflict, and all kinds of situations in between.
Companies using a calendar year to do their financial statements need to take this time of the year to do budgeting for next year. Budgeting? Why would a company need that? Just do their thing – sell and hope for the best? That’s NOT a good way to run a company. Not good at all. All the big corporations budget everything – sales, expenses by category, cash flow, etc, etc. And, they do it on a quarterly basis. Why? One, they want a target that they believe they need to hit and so they then plan what they must do to hit that target. And, secondly, they use it for accountability – to measure the performance of each subsidiary or department that fed their budgets into the overall budget. Planning and accountability.
If you don’t have customers, you don’t have a business. First things first, who’s going to buy what you’re selling? And why buy your product, or service, instead of the competitions?
This event will include educational presentations and panel discussions that help both new and existing businesses to recover, adapt and innovate. Read more
This module discusses multiple future planning scenarios needed to leave a lasting legacy. Read more
This module discusses the importance of retirement planning and options to help you save and provide for your retirement. Read more
This module helps entrepreneurs understand the steps to planning for the eventual transfer of the business. Read more
In the fourth chapter of the Startup Roadmap, you’ll create a business plan that maps out a detailed blueprint for getting to your goal of owning a business. Read more