Category: Strategic planning

July 24, 2024

Businesses must stand out to attract discerning customers, especially when targeting high-income audiences. One way to achieve this is by cultivating a sense of luxury. A luxurious business approach can enhance your brand image and attract clientele willing to pay […]

July 18, 2024

A series of new bills aims to curb monopolies among tech giants like Amazon. While the goal is ultimately to increase competition and help small businesses, some argue that their passage could actually have the opposite effect. These bills, the […]

July 12, 2024

Chicago Federal Reserve Bank President Austan Goolsbee said on Thursday the U.S. economy looks like it is back on track to 2 percent inflation after a bump up earlier this year, suggesting he is gaining confidence the time will soon […]

July 8, 2024

Small-business sales and visits are slowing down as consumers cut back on spending, according to the June 2024 Fiserv Small Business Index. From May to June 2024, sales decreased by 2.9 percent and transactions fell by 1.5 percent. Small-business retail […]

July 8, 2024

Amazon Prime Day — the retail giant’s two-day sale event — is coming up next week, on July 16 and 17, and businesses are prepared. Expectations are high following 2023’s Prime Day success. According to Statista, sales reached an all-time […]

July 3, 2024

Welcome to this week’s Founder Focus! I’m Melissa Angell, Inc.’s policy correspondent, and each week I’ll be dissecting some of the top policy issues small businesses face. You can sign up to get this in your inbox every week here. […]

June 28, 2024

Like sports fans who love to evaluate various team decisions and outcomes, a friend loves to analyze other businesses: how they fare against their competition, what they appear to be doing right or wrong, what their margins might be — […]

June 19, 2024

The state of modern entrepreneurship makes it possible for anyone to start a successful business working primarily from their home. For many would-be business leaders, it’s actually a great way to get their company off the ground, as it cuts […]

June 13, 2024

Growing and scaling a business requires a solid strategy and disciplined execution. As a business growth coach who’s worked with dozens of high-growth companies, my job is to help leadership teams solve these challenges. Getting both of these right is […]

June 11, 2024

As a strategic coach, I work with high-performance leadership teams to build growth roadmaps. Oftentimes, the companies double in just six to 12 months. These growth rates expose issues and cracks in the business that must be addressed quickly. Identifying these issues quickly and systematically solving them […]

May 31, 2024

For a brand to survive and thrive in a competitive marketplace, it must harness the power of creativity and innovation. When a brand ceases to innovate, it risks becoming mundane and losing its unique appeal, thereby surrendering its market share […]

May 23, 2024

Like every entrepreneur, you likely aspire to drive profits in your service-based company. But how do you achieve this goal? The answer lies in scaling. It’s imperative to grasp the difference between growing and scaling your operations. While growing entails […]

May 16, 2024

I’m constantly amazed as I look at performance of organizations. I think, “Why do we revel in achieving our quotas and scaling goals, when we could be doing so much more?” I call this, ‘opportunity math.’ If we achieve our […]

May 15, 2024

There’s no shortage of examples of successful solopreneurs who have forged their own path to grow ground-breaking businesses. They’re often held up as people who value autonomy and control and who approach business building like it’s a hero’s journey. But […]

May 13, 2024

In the world of business and economics, there are many factors that can alter markets and change the market atmosphere for business owners. One specific event that always seems to have some sort of effect on markets is political elections. […]

May 10, 2024

We live in a time when change happens very quickly. In the past, new technologies and industries evolved slowly, often over several decades. Today, technology can become outdated in a matter of months, and new marketing and advertising trends can […]

May 8, 2024

In today’s tough market, it’s vital for any company to get noticed, especially smaller ones trying to carve out a space for themselves. Often, these companies face hurdles because they don’t have as many resources. But there’s good news: even […]

April 17, 2024

Efficiency in the mailroom can positively impact a company’s operations, from communication flow to cost management. If you’re looking for strategies that will improve your mailroom’s efficiency, try out these straightforward tips. From adopting new technologies to optimizing sorting and […]

April 16, 2024

It’s easy to think that naming a new product, service, or business simply involves brainstorming ideas, testing the ideas out on some people, and choosing a name. But to do it right, it’s more involved than that. Here are three […]

April 9, 2024

Take look at any ranking of the world’s leading brands, and one name appears toward the top of that list every single tim: Steve Jobs’ Apple. Like countless startups today, Steve Jobs began his journey in a garage with little […]