Owning your own business can be very rewarding, but there usually comes a time when you need to decide whether you want to stay where you are or take it to the next level. Every business has some room to grow whether you add new products or expand your sales and service area. Here are […] The post 5 Simple Ways to Shoot Your Small Business Up to the Next Level appeared first on SmallBizClub.
Posts published in “Strategic Planning”
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The economy is booming, and businesses everywhere are thriving, but many small business owners and aspiring entrepreneurs aren’t making good use of today’s bounty to invest in tomorrow. As long as you have some extra capital at your disposal, you should be continuously investing in your future, and the foundations of any good investment begin […] The post Why Your Business Needs a 90-Day Plan appeared first on SmallBizClub.
A recent survey of 1,794 small business owners revealed expected—and unexpected—results, some of which can help you find ways to better competitively position your business in the coming months and years. The first finding that surprised me is that well over half the respondents were women: 57 percent. Only 39 percent said they were male […] The post Small Business Survey Reveals Areas to Gain a Competitive Advantage appeared first on SmallBizClub.
“Industrialized” construction may not exactly sound fun to longtime contractors and builders who relish the craft aspects of their trade. But the adoption of industrial, prefabricated, and manufacturing techniques by construction firms is an emerging way to realize the efficiency gains so elusive in architecture, engineering, and construction while improving profitability, project quality, and even […] The post 3 Ways to Ease into Industrialized Construction (It Pays to Be Diligent) appeared first on SmallBizClub.
Wu wei (無 爲) is often translated as non-action, and entrepreneurs seemingly couldn’t be further from this Taoist ideal. Yet, Sifu Adam Mizner may have a better translation of wu wei: non-preference. Preference, in this context of entrepreneurship, refers to being stuck on an idea that ultimately binds us to an increasingly risky and ultimately failing strategy or business model. Water is the essence […] The post The Tao of Entrepreneurship appeared first on SmallBizClub.
Whether you’re a budding startup, a well-known enterprise, or anything in between, scope creep can be a serious problem, especially when trying to go from a napkin sketch to a working piece of software or mobile application. In any software or mobile app development project, it’s crucial to have a clearly defined scope of work […] The post Do This to Effectively Narrow Scope and Trim the Fat Off Your Next Development Project appeared first on SmallBizClub.
You’re selling your most prized possession – your business. Whether it’s on a high note or not, it can be a daunting prospect, especially if you’re worried that it reflects badly on your abilities. But it doesn’t have to be that way. There are plenty of reasons to sell, and none of them have anything […] The post Selling Your Business Doesn’t Have to Be Doom and Gloom appeared first on SmallBizClub.
In marketing terms, an organization’s trademark, or “mark,” is any word, phrase, symbol, design, sound, smell, color, or combination of these, used by a company to identify its products or services, and distinguish them from products and services provided by others. We’ve talked many times about the importance of having a unique mark and protecting […] The post Your Organization’s Mark appeared first on SmallBizClub.
When you’ve been in business for some time, it’s hard to remember what it was like when you were first starting out. In some sense, it’s much safer and easier to rest on your laurels than to have to risk inventing something new. But the truth is, inside every established business is a start-up waiting […] The post 4 Lessons from the Startup World That Will Benefit Your Small Business appeared first on SmallBizClub.
The majority of businesses in the recent FT 1000 list of Europe’s fastest growing companies are technology businesses. They may not all list as technology companies but certainly looking through the list – Deliveroo, Thermondo, Carwow and Smarkets, to name a few – most are built and operate on digital platforms or utilize digital technology […] The post Coping with Growing Pains: 5 Tips to Scale High-Growth Businesses appeared first on SmallBizClub.