There are no "rules of thumb" in the pursuit of companies to buy. Each purchase opportunity has to stand on its own merits. There are, however, attributes of acquisition candidates that need to be defined for what they really are before additional, limited resources are put at risk in a... Read More
If ever there were an industry where we want zero defects, it's healthcare. Patients, medical professionals, and healthcare administrators all want mistakes eliminated and quality and efficiency improved. Although most industries have undergone some type of data-supported, systematic, quality-improvement process, healthcare still has not. Medical and technological advances continue to... Read More
Mobile auto detailing equipment becomes very inexpensive around March each year. If you look on eBay or your local classified section of the newspaper you will see. This is because mobile auto detailers are in a seasonal business. They find themselves scraping bottom when it is too cold to work... Read More
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... Read More
When someone mentions business planning we have been conditioned to think about writing a business plan. There are hundreds of books and articles, tons of software, an army of consultants, and a multitude government programs to help you write a business plan. There are virtually no resources to help you... Read More
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... Read More
One of the most powerful driving forces in human nature is competition. The desire to overcome something or some company, the need to win, the cause, can in many cases be more important than the day-to-day work of the company.If your company and your people are to ever reach some... Read More
From time to time there seems to be a flurry of studies and surveys on effective communication in the workplace. As a communication specialist, I'm always eager to read these studies, but am often disappointed with what I see. That's because they all seem to be about communication strategy.? We... Read More
When you start your program to purchase your "ideal" company, you quickly realize that your ultimate success will depend on two primary skill sets: 1) Your ability to FIND viable companies that are for sale, and 2) Your ability to effectively qualify the potential acquisition investment once found.This article is... Read More
Creativity is one of the greatest tools for success in business.All businesses are created first by ideas.Then once you're in business you need ideas for marketing, advertising, solving problems, product development etc.The difference between success or failure could be one just one idea. That's all!Below are three ways to generate... Read More
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The decision to sell, or not to sell your business... Read More
Strategic alliances are increasing at a rapid rate. It is... Read More
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No "meme" isn't a typo and Got Milk, the more... Read More
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Storytelling and writing a business plan actually go hand in... Read More
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Every business experiences slower periods. For some, they sell more... Read More
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When in doubt, cut that out! Yeah, yea, doubting Thomas... Read More
Many companies are reluctant to dive into outsourcing ocean because... Read More
Most companies that are worthy of raising venture capital have... Read More
It doesn't take a Terrorist Act, Tsunami or Earthquake to... Read More
If you've ever listened to Warren Buffett talk about investing,... Read More
( * - the word 'product' can be substituted to... Read More
Although North Americans were the dominant population on the Internet,... Read More
"Rubbish!" shouted the large, aggressive man in the red-striped shirt... Read More
If you are a manufacturer wanting to use your business... Read More
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Human beings are rational agents. Rationality endorses one to take... Read More
If ever there were an industry where we want zero... Read More
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Is there a 'magical' way to exponentially grow your business?It's... Read More
One Research Scientist at the Hewlett-Packard (HP) Imaging Systems laboratory... Read More
The first step in starting a restaurant is proper planning.... Read More
We have been spending many hours surveying the market for... Read More
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The Accountability/Alignment Process: Three Steps to an Accountable Organization Generating... Read More
From time to time there seems to be a flurry... Read More
Is there really anything as a problem? Does chaos or... Read More
When you start your program to purchase your "ideal" company,... Read More
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Please take a moment before you read any further and... Read More
Strategic Planning |