Growth strategies get a company up and running. After some years, it may be appropriate to switch to a stability strategy in order to leverage the strengths you’ve accumulated: innovations and improvements, lots of love to current buyers, and organic referrals.
How can you find the one strategy you need now from the different types of business strategies? The word ‘strategy’ seems to have many uses and meanings, causing confusion. You read about strategy, strategic planning, strategic growth, strategic acquisitions, strategic hires. Are they just variations on the one concept of strategy or are they truly … Continue reading How to Sort Through Different Types of Business Strategies
Are you searching for different types of business strategies? Do these complaints or comments sound familiar? “It’s my busy season” said the CPA. “We are extremely busy now” said the landscape contractor. “We hate winter” said the auto services owner. “Spring and fall are deadly for us” said the HVAC company owner. Each of these … Continue reading What to Do When Feast AND Famine is Built into Your Business