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The Resource Center has all the info you'll need From content to user feedback, the resource center has the information you need for every level of the entrepreneurial process.
As the first indicator of profitability, a firm's gross margin will establish the goals that will drive the action plans of almost every department. The second indicator, Operating Expenses, should be assessed just as carefully.
Performance standards will be of little value if the entrepreneur never measures actual performance against the standards. Ongoing measurement assures that a business stays on track.
This article discusses the Operations Plan as an action document to coordinate the activities of the company towards achieving the overall goals and mission.
Why spend money, time, and effort documenting processes? Beyond the obvious direction it will provide in operating the business, numerous other benefits are discussed in this article.
Discover the importance of planning and documenting processes--what we do, procedures--how we do it, and policies--why or when we do it.
What does "Lean" mean? This article provides the basic background, terminology, and insight entrepreneurs need to understand how specific, proven processes lead to reduced costs, improved quality, and delighted customers. It also briefly considers the next logical extension of Lean Manufacturing (Lean Thinking), which allows service companies to benefit from the hard-won lessons of manufacturers.
This entrepreneur thought he had built in adequate legal protections to ensure his partner in a new venture would not get full control of the business. When the partner was ready to sell the company, however, the entrepreneur discovered he didn't have the leverage he needed to stop the company's sale.
Passionate about her business and experienced in number-crunching, entrepreneur Carol Frank nonetheless neglected to patent her product and to insist on a signed contract from her supplier. Next thing she knew, a competitor was copying her design. In the litigation that followed, the U.S. Customs and Frank's insurance company turned out to be surprisingly helpful.
From a lab at MIT to connecting 50,000 high school students live around the world, Norman Gaut's team at PictureTel were pioneers in connecting the world via real-world time, visual communications.
As the cost of new technologies plummets, even small manufacturers can turn.
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