by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, Business Management, Capability, Competitiveness, Credibility, Leadership, Non-Profit, Small Business, Start-up
A façade can be an appearance—the surface image of care, interest, integrity—either projected by a person, group, or organization or attributed to them by others through observation or perception. Whether intentional or not, we all have a façade, an outer image that...
by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Growth, Business Management, Capability, Entrepreneur, Marketing, Sales and Business Development, Perspectives, Resources, Small Business, Start-up, Strategy
For businesses of all sizes, the credit and banking industry issues of the last decade have raised questions of how to build and sustain organizations with less dependence on external sources of capital (debt and equity) and more from internal resources, such as funds...
by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, Business Management, Capability, Competitiveness, Marketing, Sales and Business Development, Non-Profit, Small Business, Small Business, Start-up
Whether you are a small business or a Global 100 business, the underlying tenets are the same when it comes to financial management and sound accounting practices. The ability to “know the numbers” and what they mean is of critical importance to achieving...
by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Growth, Business Management, Capability, Entrepreneur, Leadership, Small Business, Start-up
Businesses are usually started because of the founder’s belief in the “product”. The founders are innovators in a technology, a physical product, a service, or a process. These entrepreneurs know their “product”. They may or may not know how to do business. Some of...
by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, Business Management, C.O.R.E. Business System, Capability, Commercialization, Credibility, Entrepreneur, Government Funding Compliance, Start-up, Viability, Visibility
To begin a discussion of commercialization, we must begin with a few definitions. First, for convenience, the term “product” will be all inclusive of the following: technology, software, protein, textile, device, system, component, etc. Second, “commercialization” is...
by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, C.O.R.E. Business System, Capability, Commercialization, Entity, Small Business, Start-up, Viability
Commercialization always involves two components – the technology or product AND the business model. The road to commercialization, however, differs for each business due to many factors: Type or nature of the product/technology/service (the “product”) Experience of...