How to do Profitable Start-ups

Many people are attracted to the idea of starting and growing their own business.This article goes through the process of how to start-up a profitable business. In most countries there are literally millions of Small Businesses and all of them have been started, at some point, by a person highly motivated and excited about starting their business. However, this is a highly risky and quite traumatic experience for many. In this article, we introduce several of the issues that a start-up needs to consider. We also suggest a far less risky approach to getting yourself into business. If you are starting either a business venture capital funded, high-tech, or business with out much business experience, the start-up techniques here can also help you. This material is at Yellow Belt 

How Thinking Ahead Leads to Profitable Business Exit Sale

At some point down the track, you will most likely find yourself with a successful business that you want to sell or pass to another.  These exits can be planned or unplanned.  Either way, it is best to be ready to exit. It is quite likely that the value of your business, when you sell it, will […]

Living with a Cash Cow

One of the stages in a business lifecycle is known as the Cash Cow stage.  Essentially, it is a stage when the business is optimised for profit rather than growth.  This life stage ultimately comes to most businesses and/or their Business Leaders.  Read more about managing a Cash Cow in this article.  Yellow Belt

How to Start Up Businesses

Start-ups are new businesses ranging from just a dream at present to ones that have successfully launched and are ready for growth.  We collect a range of useful business wisdom here to help you with your growth plans.  Yellow Belt

How to Plan for Manufacturing Industries

Manufacturing

Manufacturing businesses typically import raw materials and convert them into products that are passed down the chain to later manufacture as parts or to wholesalers & retailers as fully finished products for sale to consumers. Learn how to plan for manufacturing industries.

Despite the huge range of products they manufacture, they all share a number of processes that 12Faces covers with helpful resources.  Yellow Belt

How to Feasibility Test Your Start Up

A lot of Start-up businesses use a Ready-Fire-Aim process!  They just start and cross their fingers it will work out.  The Lean Start-up methodology takes a different and incremental approach so that you can systematically feasibility test the proposed new business. Blue Belt

What Business to Start

If you are aiming to start up a business, you are making a long term commitment of time and money.  Spending a little time now sieving through the possibilities looking for the best type of business to suit you will lead to the best long term outcome.  Yellow Belt