Many business owners struggle with business planning. Do you really need one? Go to these articles for the business continuity planning steps. Step through the process and understand its importance. Learn how to do a one page vision statement in under an hour. Once you have your vision, the next step is to decide the destination for your business. Additionally, once you have a clear business plan, it will be easier for your staff to make decisions. Learn about the Boston Consulting Group matrix; Agile and Sprints; building a Sustainable Business; StrategyTrees; Sensitivity Analysis; quick goal setting. All successful businesses have a plan. Are you uncertain about your direction? Go to the article “How to do a Rapid Planning Outline When Uncertain”. Also included is information about product innovation; line extensions; unique selling propositions; positioning statements and much more. Has your business been operating for a while. Look at the 12Faces tune-up menu. Here, you will learn about throughput; over and under stocking and others which, ultimately, will effect your future direction.
04Apr
Unique Selling Proposition (USP): What is it?
Your competitors usually offer, essentially, the same goods and services as your own. Example: Consider retail grocery shops where every shop offers, by and large, the same product line. To stand out from the crowd, the shop needs to differentiate themselves in the minds of the consumers. This is to bring buyers...