|Strategic Planning Information|
City of Cortez and South Western Colorado Market Survey
We have been spending many hours surveying the market for a potential business location in the South Western Region (region # 9) of Colorado. Pouring through data, seeing the tourist sites, and understanding the market there. Meeting with officials, business people and visiting businesses we learned quite a bit about the region and the future prospects there for someone opening a business.
One of the main cities we took data from and drove around talking to real people there was the City of Cortez. Which is just North of Four Corners and is a big trade partner with Farmington, NM and sees a lot of tourist traffic traveling to the state parks and federal parks there, namely Mesa Verde Cliff Dwellings. It also receives traffic traveling to and from Durango and Telluride.
First off the numbers and population stats look good to us in that 35% of the population is 25-54 and that is both our age range to hire from and our biggest marketing sector for car washes and detailing services. Up the hill and around the corner in Durango that stats were a little higher as retirees with money have moved in there. Higher age and higher economic socio status. Good money flow from that group. Also it has driven up housing costs. Durango imports most of its labor from Cortez and about 5000 people come into work in the city every day and only 800 leave to work each day.
Cortez has a huge Navajo population and they have mingled with others and provided a good strong and very reliable base of labor for many non-techy type jobs. One-third of the population rents and does not own homes and that number is growing as retirees move in and drive up property values making it difficult for local young couples to buy homes. Much of the data we searched out from Fort Lewis College matched our findings and observations.
The population increase of Denver is matched in South Western Colorado with about 8% in the last decade increase. From 2001-2002 up 1.78%, strong growth. Statewide Colorado saw about 1.5 ? 1.6% over all. And you can see that growth in Montrose, Grand Junction, Boulder, Parker, Colorado Springs, pueblo, Greeley, Fort Collins, Aurora, Denver Highland Ranch, Loveland, etc.
Many of those moving in area doing so with second homes for Summer to get out of heat in places like Vegas, Arizona and lower NM. It is Country Type living and the family values and community is strong and very nice. Safe place. Only San Juan County declined and drastically at 2.13 %, which is a small-populated area and therefore the numbers are skewed. Demand for labor is up and unemployment is down. Increased demand for labor exceeded 16% since 1999 and job labor rates climbed and the demand was mostly in retail and in services for the wealthy older people moving in. Also in tourism as increased after 9-11 since most of the area is traveled to by automobile and tour bus. They expect another 4% increase in the next five years for labor, meaning labor rates are improving and therefore quality of life is improving. 17% of the area is owned by Native legitimate Indians and nearby the Ute Tribe has a casino, which is one of the largest area employers.
It appears it would be a great place to run a business especially if you exported out of the area and needed a hard working and reliable labor supply. We liked what we say in South Western CO and feel it might just be what you are looking for, so think about it.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
Making a Decision to Outsource: Strategic Constraints
Many companies are reluctant to dive into outsourcing ocean because of various reasons of strategic nature. As far as strategic goals are touched upon, managers are concerned with the following issues:
Idaho Market for Automotive Businesses; Doing it Right
Anyone who has been watching the Idaho Market Carefully for auto services, knows that the market is ripe, ready and growing. I visited Southern Idaho after establishing franchises in Northern Idaho three years ago for our auto aftermarket franchise company. We have surveyed the competition as well and found that much of the original competition in these Southern Idaho markets is unsophisticated and not setting any speed records. Of course to their benefit it appears that they are not trying. But the area is growing and it is time for them to wake up and smell the coffee and get the show on the road. In the mobile auto detailing and car wash business there is much opportunity indeed.
Microsoft Great Plains Implementation: Pharmaceutical Corporation Specifics ? overview
Microsoft Business Solutions Great Plains serves mid-size and large clients in horizontal and vertical markets. Historically Great Plains Software was encouraging ISV partner to write third party modules and later on ? Great Plains Software had a chance to select the product for incorporation into their core set of modules: Manufacturing, Project Accounting, Purchase Order Processing, Collection Management, etc. Today we'll consider Microsoft Great Plains implementation specifics for large pharmaceutical corporation.
In Business Planning, Competition is Good
When developing the competition section of your business plan, companies must define competition correctly, select the appropriate competitors to analyze, and explain its competitive advantages.
Building a Better Brick-and-Mortar with the Billion-Dollar Web
More than $117 billion passed hands from Internet shoppers to Internet vendors in 2004, according to the statistical research firm comScore. That's billion, with a B. Compared to the year before, the figure represents a whopping 24 percent increase in sales. Compared to the early 1990s, when the Web was a questionable commercial venture, today's $117 billion is proof-positive that the Web is the full-fledged money-making machine. It seems to be a big enough pie that any merchant with a Web site can cut out his heaping slice.
Laying It Out On Paper
You might be thinking to yourself, "Why should I waste my time writing a business plan? I know what (web designers, freelance writers, professional organizers) do!" Knowing intellectually what your industry is all about and pinpointing exactly where you want your business to go are two entirely different propositions.
Top 10 Tips to Create A Business Plan! (For People Who Hate Business Plans)
One of the key challenges for any business is to remain focused and invest resources for maximum pay-off. It's said that 80% of a business's activity accounts for only 20% of total profits. In plain language, most of the work we do is unfocused, poorly designed and ineffective. In today's competitive world, no business, whether it's an individual professional or a large manufacturing operation, can survive with that much lost time and wasted effort. A business plan can help, but most small business owners (and some managers/supervisors) hate doing them! In the spirit that any map is better than no map, here are my top ten keys to creating your own map to success:
Sales Planning and Business Plans
Writing a business plan can be tricky when all the books on the subject fail to keep updating their editions. One significant factor is the sales planning in business plans, yet few books show examples of how to explain online sales which will contribute to your over all stores sales in your retail outlet. Additionally many service companies take orders online and dispatch their units from there. Even Dominoes Pizza often takes credit cards over the phone, many companies now allow online ordering.
Are You Aware of Planning in Business?
Human beings are rational agents. Rationality endorses one to take up planning in every sphere of life from shifting to a new house to marriage, as well as business. A business plan is the first and most significant premise to reach and run a successful business. It is not just that capital that makes a business successful but it is also planning done in a prudent manner that plays a crucial role.
Regroup - How To Do It And Why It Works
Regroup?is this a new management trend? Not a chance! Regroup is simply an opportunity to end one month's business cycle, recap the performance of your company and outline a plan of success for the new upcoming month. Why does it work? Because it allows each person on your team to assess their performance from the previous month, and make any necessary adjustments for the new month. Here's how it works:
To Go or No Go, That Is The Question
Last week we talked about a few of the ways to test the feasibility of a business idea to help determine if the idea really had merit or just looked good on the surface. To recap, I said don't bet the farm on the opinions of friends and family, consult with knowledgeable business experts, and conduct a SWOT (Strengths, Weaknesses, Opportunities, and Threats) Analysis. This week let's take it a step further and talk about the creation of a formal Feasibility Plan which will help you determine the true feasibility of your big business idea.
Online Promotion: 10 Ways To Use Focus Groups To Ignite Your Profits
A focus group is a group of employees or current customers that discuss and brainstorm new ways to improve different parts of your business.
GOT MEME? How to Attract Your Clients and Customers Attention
No "meme" isn't a typo and Got Milk, the more commonly know phrase, is actually a marketing meme. If you've opened up a magazine or watched TV in the last ten years you've seen the fun and memorable Got Milk ad campaign using celebrities with a milk mustache. Chances are it got your attention and you remember the phrase, "Got Milk".
Breaking the Growth Barriers in the Information Technology and Software Sector
There's nothing automatic about corporate growth, particularly in the information technology industry; build it and they will come is a myth. In the real world there is either a structured, process-driven growth cycle, or stagnation-and stagnation is automatic. Inherent to growth cycles are barriers, real-world business challenges that put some software companies out of business and spur others on to break through those barriers to higher levels of success. Overcoming those barriers is the very definition of growth; when you break through a barrier, you've achieved growth.
Vision Getting Dim?
A recent conversation started with a typical question, "How's business?" The reply was equally typical and prefaced by a sigh, "You know (another sigh), same old / same old."
Akron OH; A great place to do business
When looking at Akron carefully one cannot help but notice it's brilliant location to rivers, water, large cities and middle class consumer spending populations. With Canton to the South, high-end and growing Fairlawn to the North, Kent State and University of Ohio both a stones throw; the potential for any business is quite apparent. There are 160 trucking companies many of which are located in the area due to its proximity to large markets on a major freeway. Everything you want is there or can be delivered within days.
Six Key Areas For Evaluating A Strategic Alliance
Strategic alliances are increasing at a rapid rate. It is good for business, good for the consumer. A strategic alliance is similar to a joint venture. Everyone remains in his or her own entity, yet come together for a single purpose or period of time to create something that could not otherwise be created.
Art of Succession Planning
Succession planning, like any business acumen, is both an art and a science. That is to say, there are many proven strategies that can and must be followed so that successful transition can occur.
Strategic Planning Fundamentals
Strategic planning is vital while starting a new business or expansion of an business or planning to boost the performance of an existing business. But it requires detailed strategic planning and controlled deployment activities. Strategic planning is used to delivers its value proposition and achieve its mission.
Completing the Annual Planning Process
Imagine an office without a desk, or lights, a computer, or even something as simple as a chair. When the architects and designers started planning a building or office space they knew they would have to make concessions for these items during each of the building activities. As marketers, we take part in many activities, much like a builder or designer does.
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