Susan Friesen — April 1, 2020 Easy Ways to Create a Coronavirus Crisis Management Plan As small business owners, we’re prepared for a lot of things, whether it’s a seasonal shift in sales or an unexpected employee absence we have to step in and cover. But we’ve never seen anything like the COVID-19 pandemic, leaving … Continue reading How to Pivot Your Small Business Strategy During the COVID-19 Crisis
Category Archives: Business Strategy
Trends in Micro-Fulfillment
Kais Khadhraoui — March 5, 2020 Micro-fulfillment is on the verge of becoming mainstream in a few years’ time. The trend of putting small fulfillment centers in urban centers continues to build steam as end-consumers want their products faster. The enabling technology for this concept is rapidly developing and includes everything from fully-automated robotics warehouses … Continue reading Trends in Micro-Fulfillment
How to Systematize Your Business for Success
AbdulGaniy Shehu — January 6, 2020 Systematizing a business is hard. But, it’s a path you must take if you really want to take your business to the next level. Not only does it make it breathe without you, but it also ensures that it stands the test of time. While most business owners want … Continue reading How to Systematize Your Business for Success
Working on Lombardi Time
Ryan Estis — December 13, 2019 Follow @RyanEstis I was sitting down for my first sales conference at my first job out of college and I took my seat just in time, nervous but excited. Our CEO, Tom Richey, kicked things off. He talked about the meeting agenda, his vision for our organization and then … Continue reading Working on Lombardi Time
You Need to Validate Your Assumptions Before You Execute the Plan
Steven Imke — November 13, 2019 Follow @SteveImke http://media.blubrry.com/stevessmallbusinesspodcast/ksient.com/learnaboutoilandgas/BizBlog/Podcasts-mp3-files/032015.mp3 When it comes to business, too many first time entrepreneurs spend too much time at the outset sitting at a computer and planning and not enough time in the field testing their business plan’s assumptions. For many first time entrepreneurs, business planning is seen as a … Continue reading You Need to Validate Your Assumptions Before You Execute the Plan
Find Businesses That Already Have Demand
Don Dalrymple — November 9, 2019 Follow @dondalrymple What do people already want to buy? It’s far easier to meet demand than create demand. I have been in businesses that are innovative and the proof of concept, go-to-market strategy and target customer all have to be identified. This approach takes a lot of commitment to … Continue reading Find Businesses That Already Have Demand
How to Benchmark Your Business’s Success
Kimberly Zhang — November 1, 2019 The best businesses know how to adapt. The dominance you’ve enjoyed could be undermined by a startup that sprang up virtually overnight. So how do you stay ahead? By benchmarking. Benchmarking is a matter of using data to compare yourself against competitors or your own past performance. Entrepreneurs benchmark … Continue reading How to Benchmark Your Business’s Success
Principles of Process: How to Balance Intuition and Logic in Your Business Strategy
Jeanne Hardy — September 27, 2019 Follow @creativebizinc rawpixel / Pixabay Many entrepreneurs, particularly those in creative industries, often build their careers and businesses on a strong sense of intuition. Intuition, also described as a gut feeling or a sixth sense, is a powerful way that our minds process information and reach conclusions subconsciously without … Continue reading Principles of Process: How to Balance Intuition and Logic in Your Business Strategy