Tag Archives: profit

Operations will Guide the Way

The outcome of business operations is the creation of value from assets owned by a business. Assets can be either tangible or intangible. The effort involved in creating value is what constitutes business operations cycles. The primary goal is to implement a sustainable … 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 Development Stage 10: Profitability

Stage 10 of small business development is the natural result of having effectively completed steps 1-9.  You will find your business working well and bringing in profit. Do not hesitate to revisit the information in Stage 6: Operations if you have … Continue reading

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Business Development Stage 8: Stabilization

A business owner has entered small business development stage 8 when business becomes predictable.  You may not know exactly what your sales are, but should have an idea of what they are at a minimum. It will take about 6 months to reach … Continue reading

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