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Contingency Planning | N2Growth Blog

N2Growth Blog

While this is understandable, it is nonetheless naive, and it constitutes a major flaw in the business logic of most strategic plans. This is so much the case that the most often overlooked aspect of strategic planning is adequately addressing contingencies as part of the planning process.

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Could Your Business Survive a Downturn? Here’s How to Bolster the Finances of Your Company

Strategy Driven

There are plenty of ways in which your business can invest in order to improve its finances. Halt Any Extravagant Spending Plans. Many businesses are pretty careless with their spending plans. Here's How to Bolster the Finances of Your Company ! Copyright 2007-2017 by StrategyDriven Enterprises, LLC.

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How to make a business plan and actually stick to it

Strategy Driven

Whether you are a long-term small business owner or just starting in a complex market, then there’s no time like the present to start penning your latest business plan. However, writing a plan and sticking to it are two very different elements. Get your finances in order. Finally, have another look at your business plan.

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Business Model Architecture | N2Growth Blog

N2Growth Blog

Furthermore, a business plan, strategic plan, marketing plan, capital formation plan, exit plan, etc., Also, a common response is to confuse a sales engine, fulfillment process, operational process, technology platform, or any number of other areas as business models, where this is not the case.

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Entrepreneur, CEO or Both? | N2Growth Blog

N2Growth Blog

If your skill sets are best suited for business development, product development, branding, finance or other areas you may want to consider playing to your strengths by taking a senior position in the area of your subject matter expertise and hiring the best chief executive you can find to lead the company.

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Strategizing for Success: Keys for Planning Annual Sales & Marketing Goals, part 2 of 2

Strategy Driven

A fundamental strategy for annual planning is creating a space for success. Most people handle their annual financial planning the same way. Gallup’s annual Economy and Personal Finance survey for 2013 revealed that 70 percent of Americans do not prepare a detailed personal budget. The Strategy of Creating a Space for Success.

Goal 50
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Bonus or No Bonus? | N2Growth Blog

N2Growth Blog

While I believe bonus structures to be a key component of successful compensation plans, if current employees are generally happy with the existing comp plan and are hitting performance goals there may not be the need to add another layer to the comp plan. I hope these thoughts help. Thanks for stopping by Deb.

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