D9.3 Business Life Cycle and Industry Type

How to Manage Your Business Life Cycle and Industry Type

Businesses, like people, are born, grow and the owners exit at some point. What stage is your business at? Are you about to start your business? Have you been operating for a while and would like to grow your business? Are you ready to exit your business for a new challenge? Or maybe you are approaching retirement and would like to transition out of the business. No matter what stage your business is at, 12Faces has specialist resources relating to the various business life cycles.  Some resources relating to a specific type of industry – say manufacturing, retail or service have been added to this category. If not, you will find them in other areas. Contact us if you cannot find what you are looking for at reception@12faces.business

How to Manage Tough Times For Business

Is your business facing tough times?  Are you facing the choice to fix the problem or exit the marketplace? Let’s look at some alternatives here. Yellow belt.

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Want to Start a Business: Learn How

Profitable Startups Many people are attracted to the idea of starting and growing their own 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...

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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...

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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...

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How to Plan a Profitable Takeover

There are an increasing number of businesses, owned by "Boomer" owners, that are coming on the market as the owners age and find that they do not necessarily have family members who want to take the business over. There are 2 reasons why taking over one of these businesses might appeal...

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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

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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

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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...

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Resources for Wholesale / Retail Industries

Wholesale/Retail Wholesale and Retail business focus on importing products from a number of manufacturers or downstream wholesalers in bulk.  They then repackage this into smaller quantities of a size that their customers want to purchase. They make their money from a markup on the price they pay for the product they...

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