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Exit strategies should be designed as a part of the overall plan for growth. The exit strategy plays a key role in determining the strategic direction for the company.
There are four basic strategies for growth--Market Penetration, Market Expansion, Line Expansion, and New Product Development. This article examines Line Expansion.
There are four basic strategies for growth--Market Penetration, Market Expansion, Line Expansion, and New Product Development. This article examines Market Expansion.
There are four basic strategies for growth--Market Penetration, Market Expansion, Line Expansion, and New Product Development. This article examines Market Penetration.
Entrepreneurs make great decisions when they critically analyze the situation.
Compare actual financial figures to your budget at least monthly. You may need to adjust the budget during the year to reflect new information.
Budgeting, forecasting, and projecting mean fundamentally the same thing--estimating future amounts based on information you already know.
Historical financial information can be a great tool to jumpstart the budgeting process if care is taken to adjust for any incorrect or misleading information.
A business strategy incorporates business and personal goals into a competitive advantage that will successfully carry the business into the future.
The top team at The Supply Room Companies, Inc. discovered they could become more efficient and provide better service for customers by using an online proof-of-delivery system.
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