End of Year Thoughts From Your Strategic Thinking Business Coach

As each year closes, we often wonder where the year has gone, how quickly it has passed and what we did or did not accomplish. He end of each year finds us thinking about holidays, gifts, parties and friends, as well as the closing out of another business year. The end of the year is a time to look back on the previous year and look forward to the next. And while reflecting on the past year, a strategic thinking business coach would like to suggest that you take time to remember and to give thanks for the great things that happened in your business. And to build on all of the positive things that you accomplished this past year and carry that positive momentum into next year. The end of the calendar or business year is a very good time to look at the lessons learned from any mistakes that you might have made and apply those lessons learned to correct past mistakes.

Business Plans - Are They Really Necessary For Success?

Every successful business needs a business plan right? Isn't steering your business directly into unknown waters dangerous? Maybe, maybe not...

Open A Dollar Store - How to Reduce Freight Costs

Knowing how to successfully reduce freight costs is a required skill for every person who is about to open a dollar store. Freight costs add significantly to the cost of good sold. As fuel prices increase, freight costs tend to increase as well. Fortunately there are several steps that every business owner can take to help reduce freight costs for their business.

Opening A Dollar Store - You Need A Plan!

One of the biggest mistakes that entrepreneurs who are opening a dollar store make is to not take the time to develop a plan for their business. This can be a very big mistake that will cost you money. Without a business plan the business is not set to move forward down a defined path to success.

How to Go From Dreams & Vision to Reality

Do you have a dream or vision for your business or organization? Do you have a personal dream or vision? How many dreams or visions have you had in your life that you did not act upon? How many did you pursue? And what happened? If you have a dream or vision now, do you know how to turn that dream and/or vision into reality? In my multi-disciplinary multi-faceted professional services practice, I deal with dreams and visions of clients as a facilitator, guide and coach. I love my work, especially when it involves helping people achieve their dreams and vision. I want to believe that you do have dreams and vision and so I want to share some thoughts with you about how to turn them into reality.

The Five Key Elements and the Five Key Steps to Successful Branch-Division Planning

The Operation/Branch plans must define the objectives, timeline and resources required to meet the growth objectives of the business unit, department or branch. Analysis of opportunities is useless if it doesn't degenerate into work. Operational planning, by definition, results in action plans for day-to-day work.

Strategic Planning Helps to Avoid Dead Horses

Do you have dead horses in your business? Read how strategic planning can help you make those course corrections necessary for business success.

Strategic Planning - The Three Key Elements Of Business Strategic Planning

For businesses strategic planning is a concept, a mind set and a process. It is looking down the road at what's around the bend. When everyone around your place is focusing on what's coming you will all recognize it in time to take advantage of it.

Creating A Plan To Propel Your Business

What if I told you I have a recipe to propel your business not only to the next level, but to the next stratosphere? Interested? Complicated? Not really. Have a plan.

Analysing Your Business

One of the most common ways of reviewing your business and determining your future strategy is to undertake an analysis of your strengths, weaknesses, opportunities and threats. If you are to continue to prosper you need to take time to reflect, exploit strengths and opportunities and respond to your opportunities and threats.

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?

Opening A Dollar Store - What Is Dollar Cost Averaging?

Are you considering opening a dollar store? If so, one of the areas of focus for you as you work to keep costs under control will be the cost of the goods sold. Merchandise costs are often the single largest expense for a dollar store. Knowing what dollar cost averaging is, and how to best use it can be a powerful tool for the entrepreneur whose goal is to reduce those costs.

Opening A Dollar Store - Location Cannot be Ignored

We have all heard that location is critical to success in the retail trade. If you are considering opening a dollar store know that those who make that claim are correct. A poor location can create so many problems that it may be impossible to successfully operate a business. Likewise a great location can help to cover for other problems and downfalls that occur in a business.

Opening Your Dollar Store - Watch Out for Business Changes!

It is quite easy for those who are very close to a business to lose sight of changes that are occurring in that business. This can happen to the best of owners and managers. Yet there are steps that can be taken after opening your dollar store that will help reduce the risks associated with this happening to you. These steps should be made a part of a routine business analysis that is managed by the business owner.