by Nicole Clark | Jun 6, 2019 | Business Planning, Cash Flow, Understanding Financials
Why does break-even analysis matter? The break-even point helps business owners determine when they will be profitable and assists them with pricing their products. Improving the bottom line is an ongoing challenge to business owners. Break-even analysis is a great...
by Nicole Clark | Dec 6, 2018 | Business Planning, Entrepreneurship, Small Business
What are Key Performance Indicators? As defined by KPI.org, Key Performance Indicators (KPIs) are the critical indicators of progress toward an intended result. These are the things that help provide the focus for you and your team on what your business really wants...
by Nicole Clark | Oct 9, 2018 | Business Planning, Market Research, New Business
The image above portrays a Business Model Canvas for LinkedIn. The Business Model Canvas is a strategic management tool to quickly and easily define and communicate a business idea or concept. It was developed by Alexander Osterwalder based on his earlier book:...
by Nicole Clark | Sep 25, 2018 | Business Planning, Entrepreneurship, Market Research
. How to Recognize an Opportunity A business opportunity has 4 requirements that must be present in order to call it an opportunity. It must solve a problem or meet a want It must add value to a customer It must have an opportunity for profit It must be a good fit for...
by Nicole Clark | Sep 6, 2018 | Business Planning, Entrepreneurship, Small Business
It’s time for your annual business checkup Performing an annual business checkup will help you focus on what is working and what is not. September is a great time to really dig into where your business is and how to finish the year off with a bang. Take stock of...
by Nicole Clark | Aug 6, 2018 | Business Planning, Entrepreneurship, New Business, Small Business, Tips and Tricks for Small Business
“I’ve decided to start my own business” These are words I hear frequently. I help dozens of entrepreneurs every year start a business. When I ask them what they would share with a new entrepreneur, they respond with the following. Have a Business...
