Dead Horses and Business Strategy
There is a saying among Plains Indians that was passed down from generation to generation: “When you discover that you are riding a dead horse, the best strategy is to dismount”. [...]
WHAT IS THE FUTURE FOR YOUR BUSINESS?
When people start a business, they typically would have the one or more of the following objectives: To create a regular income stream greater than the amount you would earn as an employee; To [...]
6 Tips for Reducing Working Capital in Your Business
The following is an excerpt from an article by fellow Mindshop member, Peter Wallace, from New South Wales, Australia. Many businesses that have just managed to survive the Great Recession [...]
Sustainable Competitive Advantage: Do You Know Yours?
Sustainable competitive advantage (SCA) is a marketing term that is also commonly referred to as unique selling proposition (USP). Once determined, the SCA is used as a filter for [...]