What’s In a Strategic Plan?

What’s In a Strategic Plan?

What is “strategic” business planning? In order to start or grow your business, it’s best to plan ahead by setting your goals and creating a method to achieve them. However, if you want the best chance of success, you have to be strategic about it. What does being “strategic” mean in this context? For business owners, being strategic means that…

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How To Write a Business Plan

How To Write a Business Plan

At whatever stage, the key to a successful business is a well-written business plan. It’s a simple document that articulates your goals and the step-by-step process of how to achieve them. It doesn’t matter if you’re just starting out or growing an established business because you’ll still need a plan so that you’re not just taking action blindly.  Why you…

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What Is a Business Plan?

What Is a Business Plan?

Are you an aspiring business owner with an idea to grow into a business, but unsure of how to turn it into reality? Are you already trying out a business strategy, but it isn’t producing the results you expected?  One solution to your problem is to simply create a strategic business plan. A business plan is a written document of…

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Why Do Some Business Strategies Fail?

Why Do Some Business Strategies Fail?

Businesses create strategies with the intention of succeeding, but these plans can sometimes fall short. And when failure happens, it can be frustrating for business owners since they’ve spent a lot of time and resources.  In order to avoid this fate, especially for scale-ups that are gearing towards growing exponentially, it’s important to understand how business strategies fail.  The reason…

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When to Scale-up: Growing Your Business

When to Scale-up: Growing Your Business

Whatever the reason you think it could be time to scale-up your business, taking the leap and making the decision is an important step. It’s not something to rush into unprepared. Making changes on the scale seen by scale-up businesses is something you shouldn’t do until you’re ready. When are you ready, though? This can be much harder to figure…

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When Should a Business Plan be Modified?

When Should a Business Plan be Modified?

When you make your business plan, you set out what you want the future of your business to be. No matter how experienced the planner, no one can accurately predict the future, and it’s good to recognise when it’s time for the business’s path to change. There’s a few situations where going back to your business plan is a good…

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Why Strategic Direction is Important When Scaling up

Why Strategic Direction is Important When Scaling up

Strategic direction is important for any business, but it’s particularly important when scaling up your business. A Scale-up business has ambitions of growing quickly with a significant upwards trajectory, which isn’t something to rush. The successful execution of a strategy requires clear and concise goals, as well as a plan to achieve them. Without a strategic direction, a business can…

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Mastering Marketing Agencies And Outsourcing

Mastering Marketing Agencies And Outsourcing

Marketing covers a large variety of mediums and approaches, each with their own experts, techniques and necessary connections. It may not be sensible to try and handle every element in-house. In these cases, outsourcing to marketing agencies may be the way to go. You want to be getting the best from your agency, so it’s important to hire the right…

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5 Tips For Great Customer Retention

5 Tips For Great Customer Retention

Returning customers is crucial to a business’s success. It’s important to draw in new customers but if you can’t keep them coming back, then they’ll eventually run out. Maintained growth needs to be maintained by consumers. Customer retention should be a key part of your commercial business strategy. Loyal customers are cheaper to generate leads from, open to bigger sales,…

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