Strategic Planning Information

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The Power of Strategic Thinking: Creating Meaningful Success


Too much goal setting and strategic planning can leave you feeling like you're working against the forces of nature; too little and you end up where you never intended to be-with a life or business that is bigger, smaller, or different than what you genuinely desire. Though getting you and your organization where you most want them to be at any given time can be hard work it can also be exhilarating. Is there a better way? Is it possible to minimize the stress and maximize the exhilaration while still accomplishing those things that are most important to you?

Business Plan Financial Projections: Stop Worrying About Being Right...


Business plan financial projections seem daunting because they are so uncertain. This very uncertainty, however, is what makes preparing them easy because you can?t possibly be right. You can?t predict the future. None of us can. All you can be is competent in the way you prepare your business plan projections.

Could You Be Setting Your Business Plan Up For Failure?


David E. Gumpert, author of Burn Your Business Plan, often tells the story about how he and his partner failed to raise money after sending their business plan around to venture capitalists and meeting with several others to make presentations. Disappointed by the fruits of their labor, they considered giving up on their venture in 1995. Fortunately, on the advice of their board of advisors, they chose to divert their time from massaging the business plan to making sales. The financing, they were told, would come later.

10 Critical Facts to Put On the Cover of Your Business Plan...


In most business plans, no matter how striking the idea, the covers are critically important. The majority of investors may flip to the executive summary, if they get past the cover, when deciding whether or not they are interested. Exactly like the front page of a daily newspaper, a business plan cover puts the important highlights of the proposal upfront for potential investors to read.

Pave the Way to a Successful Strategic Plan


Many very successful business owners may never have had a formal strategic plan. Some think, ?Why do we need to do strategic planning? We?re doing great just like we are.?

Innovators Role at Hard Times


One Research Scientist at the Hewlett-Packard (HP) Imaging Systems laboratory said Carly Fiorina was a marketing person put in change of engineers who cared nothing about the art and beauty of technology. She just wanted saleable stock to bring to market. He exhorts that when she walked into the HP Labs for the first time, she said that their new company slogan was "Invent." Then, she told them that the technology industry would never again be as exciting and profitable as it was in the '90s. That they'd all need to grow up now and face that fact.

Top Ten Traits of Strategic Thinkers


Want to become more strategic? Add these traits to your collection of skills and watch your success soar!

Own Your Niche by Building a Niche Community


In 1997, David Steele was making the transition from a professional therapist to relationship coach. Part of his strategy was to become a center of influence and THE Relationship Coach for his community.

The Impact of Price Popularity on Profits


The goal of almost every business owner is to generate a profit either for themselves or their shareholders. This can be challenging at best. So much thought and effort go into running a business, accounts payable, accounts receivable, dealing with vendors, customers, etc. Because of this people sometimes do not focus on one of the most important factors- pricing. Knowing how much you can charge for your product or service is invaluable information. Businesses typically want to increase volume and prices at the same time. In a perfect world that would be easy to accomplish, yet we do not live in a perfect world. So just how do businesses go about deciding how much to charge for a product or service?

How to Snuff Out the Competition Without Leaving a Mark


Does the competition drive you crazy?

How Copying the HBO Schedule Can Boost Your Business


I?m not talking about posting the HBO schedule on your website or sending a Xeroxed copy around to all your customers. When HBO came onto the scene they were innovative, fresh, and willing to do things other people were not.

Top Ten Reasons To Create A One Page Business Plan


There is a story, about a business owner who wasn't doing very well. She had no business plan, but had heard, quite a bit, how creating one would help.

How To Get More Business During The Winter Months


Business seems to drop, slow or even stop during the winter months. As tourist traffic slows or stops during the winter months so does the incomes of many local business owners. The first step in overcoming this problem begins in your brain (don?t they all?)

How Good Is a Business Plan To Your Business?


You know you need a business plan. You probably realize that it is one of the best ways to get your business up and running. No matter what your business is, a business plan can help to focus its direction while providing the information you need to get moving. The most important thing a business plan will do is to provide your financial backers with a reason to give you their approval. It will show them how you plan to work your business.

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