Tag Archives: Business strategy

What is Your Business Forecast?

Business forecasting methods and levels of sophistication vary greatly. It involves the collection and analysis of hard data, and their interpretation by managers with proven business judgment. Every forecast will be used to assess future situations that will affect the business’ … Continue reading

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Profitability By Design

As many of our other posts have identified, a successful business doesn’t happen accidentally.  The idea behind any functional business model lies in employing financial/human resources to exploit various business opportunities to produce profitability. If the profits are consistent, a … Continue reading

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Business Strategies

Formulation of an effective business strategy requires detailed planning to consider the three major functions of the business: the company itself, its customers and the competition.  It is also important that strategies include only a few main concepts in order to maintain clear operational objectives.  … Continue reading

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