Delivery Is More Important Now Than Ever. And We Have the Stats to Prove It. Navigating the shifting tides of business in a world that has been upended by coronavirus is challenging, to say the least. Many companies, both small and large, have had to throw their long-term plans and […]
Management
MANAGEMENT COMPETENCIES THAT PROMOTE RAPID COMPANY GROWTH Entrepreneurial managers need a sound foundation in what is considered traditional management skills. The list below is divided into two cross-functional areas (administration and law and taxation) and four key functional areas (marketing, finance, production and operations, and microcomputers). Technical skills unique to […]
HOW MARKET FACTORS CAN AFFECT BUSINESS GROWTH The degree of growth and the rate at which a new venture grows is dependent on both the market and the management strategy. Market factors affect a firm’s ability to grow. The Size, Characteristics, and the Buying Power of the Target Market […]
Why Use Route Optimization Software? With route optimization software you’ll spend much less time planning – and the routes produced will be far superior to manually created routes. For a mobile workforce, route optimization is the process of determining the most efficient routes, in terms of cost, resources and time. […]
DECIDING TO START A BUSINESS: DO YOU HAVE WHAT IT TAKES? Setting up your own business can be very rewarding, but there are pressures involved. It is not enough just to have a good, viable idea: you also need to have the right skills and temperament to make the opportunity […]
WHEN A VENTURE NEEDS TO GROW OR NOT TO GROW Some entrepreneurs make the conscious choice to control growth even In the face of extraordinary market demand. This is not to say that growth is slowed to single digits. Instead, the entrepreneur may choose to maintain a stable growth rate […]
HOW TO FUND A RAPIDLY GROWING VENTURE (3) Capital Structure It may seem that an entrepreneur is totally at the mercy of the venture capitalist. That, unfortunately, is true if the entrepreneur enters the negotiation from a weak position, desperately needing the money to keep the business alive. A better […]
HOW TO FUND A RAPIDLY GROWING VENTURE (2) The Sequence of Events in Securing Venture Capital To determine whether venture capital is the right type of funding or for a growing venture, the entrepreneur must understand the goals and motivation of venture capitalists, for these dictate the potential success or […]
HOW TO FUND A RAPIDLY GROWING VENTURE (1) Make no mistake about it, raising growth capital is a time consuming and costly process. For this reason, many entrepreneurs choose to grow slowly instead, depending exclusively on internal cash flows to fund growth. They have a basic fear of debt and […]
HOW TO PLAN FOR BUSINESS OWNERSHIP AND COMPENSATION (PART 3) Alternatives to Equity Incentives There are other ways to compensate key managers that do not require the founder to give up equity in the company. The following are a few of these alternatives .In choosing among them, consider the advice […]
