Validating Your Business Concept

To know whether or not you have a viable business concept, you have to comprehensively define (on paper) your thoughts, ideas, and vision. You also need to gather information related to those ideas: market size, competitors, pricing, and so on. With that information...

Vision, Strategy, Structure, and Results

The successful organization – one that is both productive currently and viable long term – has integrated the vision, strategy, and structure of the organization to enable financial success. The ability of an organization to achieve every iota of success...

Making Sense of Saving Dollars and Cents – Evaluating Expenditures in Terms of “Investment”

One of the recurring discussions in evaluating whether or not to make an expenditure is the “cost” of the product or service. Sometimes it is referred to as the “value” or the “price”. The more meaningful perspective for anyone – individual or organization, for profit...
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