Succession Planning in Small Businesses

Transfer of business ownership by inheritance without planning for new management is the worse scenario. Key questions should and must be answered well in advance of the transfer. Starting the process early, relying on outside guidance and advice from experienced professionals is highly recommended.

Product Design And Development

Product design begins with identifying the characteristics and expectations of the target market based on the product. The key benefits customers look for in a product must be identified. Multifunction products can give product benefits expected by many types of customers. On the other hand, a customer may suspect that the product promises too much, and that it will not live up to its promises.

Alarm Company Startups Need Know How

The inherent problem with common approaches to building an alarm company is that the information taught by one consultant was not designed to flow with the information taught by another, and you end up putting out many fires, at a time that you should be learning how to prevent them.

What Is Your Business Strategy?

Do you have a business strategy, or do you allow your business to rule you?

Maximizing the Value of Your Business at an Independent Broker Dealer (Beware the B-Myth)

Do you have a business or a job with your independent broker dealer? Learn how to build equity in your financial practice.

Focus on Future - Values and Concepts of Malcolm Baldrige Criteria; Part 6

In the previous article, the author dealt with Part 5 of the Values and Concepts of Baldrige Criteria – Agility. This Part 6 issue will share his research on Focus on the Future: one of the Values and Concepts of Malcolm Baldrige Criteria. He compared the direction set by the CEO of the researched companies and CEO of Baldirge winners.

High Gasoline Prices, Start Your Own Ethanol-Oil Company?

If you are like most Americans you are extremely bothered by the high-oil prices, but as you know there is little you can do about it? Sure you can bitch, moan and complain and we all do that I suppose to some degree. Personally I drive a huge Motor Home around the nation traveling full-time now and it rather irks me I must say.

Do You Know What Your Strategy is?

It's 10 AM do YOU know what your Strategy is?

Strategic Thinking – What Is It And Why Does It Matter!

Strategic Thinking - defines what you should look like; Strategic Planning - defines How to get there

BVI - New Memorandum & Articles of Association for Old

On 1 January 2007 all BVI companies formed under the Old Act (International Business Companies Act (Cap 291)) will be automatically re-registered under the New Act (BVI Business Companies Act 2004). There is an opportunity to re-register under the New Act during 2007. This means that it will be necessary to consider adopting new Memorandum and Articles of Association

Thinking about Going Global? Some Issues to Consider

When deciding whether to sell to, or setup shop in other countries, it is important to consider some key factors. If you are exporting goods or considering opening business in another country, it is wise to do your homework before investing in the venture. There are, thankfully, plenty of ways to tap into the global marketplace without having to take all these risks or do so much research.

4 Reasons Why You Need A Business Plan

The simple truth is that no business is too small to benefit from a business plan and it is never too soon, or to late, to plan your business future.

7 Top Tips Before A Business Writes an Executable Strategic Plan

Strategic planning is a very expensive process not only from the hiring of an executive business coach or consultant, but from an organizational perspective as well. Before you begin this necessary process, these 7 top tips should help to ensure that your strategic plan is truly executable and delivers the desired results allowing you to catapult ahead of your competitors.