Management

Many business owners start with a great idea, and they put their capital into establishing and growing their business. More customers mean more inventory, more staff, more training… more of many things. With this growth, business managers are then forced to choose between storing cash for a rainy day and investing for growth. It is

“IF YOU WANT TO BE SUCCESSFUL, DON’T SEEK SUCCESS – SEEK COMPETENCE; DO NOTHING SHORT OF THE BEST THAT YOU CAN DO.”  Where to Begin when Identifying Core Competency The starting point for understanding core competencies is recognizing “competition” between organizations is both a contest for “competence mastery” and “market position and power”. Careful consideration

“SUCCESS DEMANDS A HIGH LEVEL OF COMPETENCE.” Core competencies differentiate from competitors & therefore Identifying and exploiting core competencies is key to stay competitive. Which are those 3 tests to determine your core competency: A core competency can lead to the development of new products and services, deliver a quality product, increase buying power, innovate

It’s only when you’re clear on your destination that you can plan a scale strategy to get there. Here are 3 steps to scale your business effectively: Confirm your endgame. Understanding what company you need to be if you want to do an exit should be defined It’s only when you’re clear on your destination

To successfully negotiate a business deal you have to be prepared, observant, professional, and much more.  In this article, there are a  number of tips for closing a deal. 1. Listen and understand the other party’s issues and point of view The best negotiators tend to be the ones who truly listen to the other

Running a business is no piece of cake. Numerous problems pop up when you’re trying to scale your business.  From making petty to hardcore decisions; business concerns are never-ending. As an entrepreneur, you’re here because you have already launched your business, effectively went through your product development, and may even be earning a handsome revenue,