Entrepreneurship is all about pitching the right idea, making plans, executing it, and hiking. The similarity between hiking and entrepreneurship starts with having an idea expanded to a dream. We build upon the dream to plan and execute the grand idea to start a journey towards … [Read more...]
Rivalry in Business
Rivalry in business is defined as the intense competition between firms for market share and profitability. It is the result of the presence of numerous firms in an industry, each of which is striving to be the market leader. Rivalry can be intense in industries with few barriers … [Read more...]
Protecting Profitability – Identifying And Mitigating Forces That Impact The Bottom Line
By Randy Sadler, CIC Services For CEOs, the importance of profit simply cannot be overstated. And simply making a profit is rarely enough. Profit growth over time is often the mark of success. This is because bank covenants are tied to profit, and investors usually base their … [Read more...]
How To Make Your Company Stand Out Over Your Competitors
Whatever business you are in, chances are you are not in it alone. The world of commerce, construction and service is saturated with companies all vying for attention and seeking to make a profit. Unfortunately, with ever-expanding and effective marketing techniques, it is … [Read more...]
8 Reasons it May Be Time to Sell Your Business
At some point, virtually all business owners come to a crossroads. They have to decide whether they want to sell or keep the business. When you're facing this dilemma, there are some clear indications that the time has come to put up the for sale sign. Increased … [Read more...]
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