by Nicole Clark | Sep 3, 2019 | Business Planning, Cash Flow, Small Business
Creating a budget process is one of the most effective methods of keeping your business, and its finances, on track. You are “open for business” and now it’s essential to plan and tightly manage your business’ financial performance. When you...
by Nicole Clark | Aug 15, 2019 | Business Planning, Entrepreneurship, New Business
It is always exciting to think about starting your own business. Sharing the excitement of planning and launching the business with a friend, associate or loved one is even better. Or is it? A successful business partnership shares many of the same qualities as a...
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...
