The Small Retailer's Survival Guide - Part 7 - Are You Planning to Refit?

...the refit process itself may go awry. It may overrun and force closure, or partial closure, of your store for an excessive amount of time. Fixtures may not fit correctly. You may find that you open your store with an aisle blocked off from customers due to an unfinished, loose or dangerous fixture. You may also discover that the customer flow around the store has not worked out the way you expected...

Succession Planning: Improving the Odds of Success

Succession planning is a vital business activity, a key element of ensuring organizational continuity and growth. In brief, it entails lining up the right people to take over important roles as they open up. Lack of a solid plan can place strain on the organization and its employees. Here's what can be done to increase the odds of success.

Elements Of Business Intelligence Solutions

Information is the most valuable asset of any organization and thus has to be carefully managed, organized and stored, facilitating easy access on demand from an appropriately authorized person.

Characteristics of Effective Goals

Goals which are defined by those who are effective are much more likely to be carried out with enthusiasm and commitment. People have a better understanding of a goal when they have participated in its development. They are also far more motivated to carry it out.

Starting a Business with Planning

No successful business ever existed without the anticipation of things that may happen upon the establishment of the business and as the business go on. Anticipating may also mean planning. Planning is one way of putting every possibilities and impossibilities together to set up one concrete concept into realization.

Apply Game Theory and Win New Business

A non-technical introduction to Game Theory. Strategies and different forms of analysis. Applying Game Theory to beat the competition and finally turning it upside down and looking for leverage.

Leverage The Power of Your Peers

It seems like we all learn better in groups. In school, from kindergarten to graduate school, you worked on projects in teams or groups. You always seemed to learn more from your peers than when you listened to an instructor droning on about a particular subject.

Brooklyn Industries, a Family Business With Style

Like many entrepreneurs she and her husband, starting the business in a tiny Brooklyn apartment with a single idea for turning their art into handbags, had expanded from the original concept of the business founded in the mid 90's to one that in 2001 required a radical makeover. For business owners this sort of thing is usually forced on them, by the economy, the bank, etc. Otherwise they keep on doing what they are doing until the money runs out.

Strategic Planning — Focusing on Reaching Your Goals

As they say, embracing a profession wholeheartedly means doing the best one can in every situation. That is when you made something out of nothing based on what you have. This is also applicable to organizations and entrepreneurial set up, where management and staff are required to coordinate with one another to work out with the best strategic planning.

Working On Your Why

The How is often so predominant that the Why is sometimes completely forgotten. As if the Why is of less importance. Nothing could be further from the truth. Why you want something is infinitely more important than how you think you're going to achieve it.

How To Create A Winning Real Estate Business Plan

Review details about how to create a winning real estate business plan and attracting capital to close the deal. Also using your business plan to help guide the business as it grows and getting help from quailed professionals.

Top 7 Tips For Creating a Strategic Action Plan

A business plan is a waste of time without a strategic action plan. This action plan records who does what by when with specific tactics and a commit to accountability of all involved. These 7 tips may help you create your own Strategic Action Plan.

Risks to Business Success in China

Understanding the risks for doing business in China requires a deeper understanding of the China business culture. In order to avoid the pitfalls that many companies endure, this article outlines a few issues to consider before doing business in China

Life Plan First then Business Plan

Starting a home based business requires a life plan first and then a business plan. Create your lifestyle and work your business around it. Here are some items to consider for your life plan

Writing a Working Business Plan

A business plan is a written blueprint for your business. It describes a summary of what your business is about and its goals. It also outlines how your business will function. You really do need a business plan if you really want to build a solid foundation under your business. When writing your Working Business Plan remember that you aren't writing to impress, you are writing to address the important issues of starting your new business.