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 … [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...]
How To Better Implement DEI Into Your Corporate Strategy
A systematic diversity, equity, and inclusion (DE&I) implementation is vital to realizing an organization's full potential. Organizations can leverage their diversity to promote an equitable, inclusive, and sustainable work culture when done right. To put it simply, … [Read more...]
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