Writing a business plan is a worthwhile activity for the following reasons: The process itself of thinking through the business model highlights potential opportunities and challenges at the prelaunch stage, much better than discovering them later. Working on the plan gives an opportunity to share ideas with colleagues and get feedback on Read more…
Direct to consumer distribution will not work for all companies, but for those it does it means they do not need to add the cost of intermediaries like wholesalers and retailers.
This is our response to a recent Quota question that we thought readers of our blog might find helpful. Two groups that particularly benefit from a business plan are: Those setting the strategic direction of the business, whether that be the owners, partners or board of directors. Stakeholders who invest or make Read more…
As the developer of www.businessplanquickbuilder.com, I am often asked about the reasons for business pivots. Here is our response to a recent question on Quota. A business pivot, is where change is made in the strategy and direction of the business. During stable environmental conditions business pivots should not be required, incremental Read more…