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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.
There are four basic strategies for growth--Market Penetration, Market Expansion, Line Expansion, and New Product Development. This article examines New Business Development.
Read about a common denominator among successful entrerpreneurs--having the ability to think strategically and make critical decisions about the future direction of their business.
Determine the market potential of business's products or services by examining the key factors presented in this article.
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.
When evaluating industry potential, key considerations include its current size and rate of growth as well as profitability characteristics and trends.
Entrepreneurs should articulate their purpose in a specific three-year vision statement with specific goals for growth.
A business's readiness for growth can be evaluated in part by reviewing its financial performance and its stage in business.
As entrepreneurs plan for growth, they identify the key issues that provide useful information. Consider how one entrepreneur takes an indepth look at her business and uses this insight to clarify a vision and set clear goals for her business.
SWOT analysis provides an excellent tool for entrepreneurs to evaluate the strengths, weaknesses, opportunities, and threats of their business.
Values are one of the most important drivers of entrepreneurial success. Remember to reflect and clarify your values, formalizing them in writing, and live them as you make decisions in your business.
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