YES! Strategy is critical for every business. If you don’t focus on your strategy for your business, then you will be like a boat without a captain and be blown every which way by the business winds that come your way.
Business Success
-
-
Article by Mike Anderson (NSBC Founder & CEO) Cash flow is the lifeblood of every business. The daily pressure of doing business is challenging but must be filled with energy and positivity. A cash flow crisis is negative pressure and destructive and will eat away at your positivity, slowing you down in the productivity department. Make […]
-
Article by Mike Anderson (NSBC Founder & CEO) It’s now time to be unconventional and bold so you can get your brand out there with style and impact. Start applying your thinking and risk-taking creativity into your everyday environment – Then get ready to make a marketing splash. You can achieve exceptional results on a restricted […]
-
Article written by Jannie Rossouw, Head: Sanlam Business Market In a previous article, namely “The roles my business fulfils”, I suggested that it would be productive to identify the roles (eigth in total) fulfilled by your business. Further you also have to decide which one of the roles could benefit your business most if it should […]
-
When entrepreneurs think about creating a strategic plan, many think that it is not important for their business. If they do think it is important then they get stressed out by the length and cost involved in making a strategic plan. But a strategic plan for a small business does not need to be long […]
-
Article provided by Telkom With 70 – 80% of all small businesses in South Africa failing within five years of opening their doors, many ambitious entrepreneurs will be wondering what the remaining 20 – 30% are doing differently. If you’re looking for a manual, you’ll be looking for a very long time. On the other […]
-
Your customer’s lifetime value (CLV) is a critical metric for growing small business. This metric can help you know if you are flying or coming down in flames. If there is an imbalance between your customer’s acquisition cost and the customer’s lifetime value your business could be in trouble.