Opening A Dollar Store - How Shopping Patterns can Help You

Are you considering opening a dollar store? If so here is a secret that I learned the hard way. In fact this secret was learned only after totally stocking a new store from top to bottom and then finding that shoppers were unhappy with the way merchandise was displayed in the store. That customer dissatisfaction with the store led to a total restock of the store. Almost instant increases in sales followed.

Opening A Dollar Store - First Steps to Take

There are so many things to do as a part of moving toward opening a dollar store. Without taking the right steps, your successful start-up will be much more challenging. If you have made the decision to open a dollar store be sure that you don't forget these steps.

Strategy Implementation - What Makes Good Ideas Take Root?

Strategic Implementation - Four critical ingredients to successful implementation. Despite enthusiastic beginnings, many well-intended plans never translate into action, and an even larger number lose momentum along the way. What enables good ideas and plans to take root?

Does Your Strategic Plan Include a Human Capital Disaster Plan?

Many companies have disaster plans, but these plans do not even consider human capital. Read why your company should have a human capital disaster plan.

Performance Management is the How of Your Strategic Plan

What is performance management? What does performance management look like within your strategic plan?

Opening a Dollar Store - Cash Required!

Are you considering opening a dollar store? If so then don't discount the need for operating capital as a part of your initial planning. While many will advocate that you will see instant sales that are big enough to cover expenses, or that dollar store sales grow quickly to their maximum potential that is not the case.

A Great Strategic Plan Uses Technology, But Requires The Personal Touch for Exceptional Execution

Technology makes strategic planning much easier from customer relationship management (CRM) systems to emails. However, technology needs the personal touch for exceptional execution.

Keeping Your Business Plan Current

Business plans aren't static. Learn what triggers plan updates.

Conducting Risk Assessment

A Risk Assessment is identifying, analyzing, and weighing all the potential risks, threats and hazards to the business’s internal and external environment.

How To Maximize The Value Of Your Business

You are contemplating on selling your business and want to understand how best to maximize the value of your business. You might have heard from your industry contacts that some businesses similar to yours sold for 3 times EBITDA and some others sold for 6 times EBITDA. This variation could mean a difference of several million dollars in take-home! What makes this variation possible? How can you get the best value for your business?

Developing a Solid Business Plan - Part II

Developing a Solid Business Plan: essential categories that you'll want to include in your plan.

How Well Do You Know Your Business and Its Future?

Not long ago, I read an interesting statement on a Blog about entrepreneurs and their business planning. You see, when I give speeches to MBA students, they seem totally clueless in the WOTS analysis as the business consultant blogger indicated. Of course they are young and wet behind the ears, but they ought to know what is going on.

The Risky Business of Project Management

Undertaking any project, whether in-house or in partnership with a professional services firm, entails risk. Project risk is defined as any area of concern that could prevent a project from achieving all of its benefits.

Story of Refco Bankruptcy

This article tell about the story of one American company's collapse. It give major reasons and events that led it to the crash.