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How to Start a Used Car Business

Strategy Driven

It’s not even enough just to know everything about cars and their features; you also need to have a sound understanding of business finances, licensing and legal requirements in terms of permits and taxes. The process of writing your business plan will highlight any potential pitfalls or problems in the business model.

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Repositioning Is Not a New Business Model

Harvard Business Review

” It’s relevant when we come to describing business models and their likely impact. There are many different makes and models on the market. On the other hand, were it not already invented, plane travel would be classed as a new form of transport, compared to driving along the highway.

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For Some Platforms, Network Effects Are No Match for Local Know-How

Harvard Business Review

Uber’s setback in the international market, however, wasn’t its first. And what can Grab teach us about the future of platform businesses? To venture capitalists and the financial market, no business model is more attractive than a platform. Such knowledge is in fact the prerequisite to innovation.

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Is Your Company Ready for the Rise of Smart Cities?

Harvard Business Review

Weighing the three questions below can help business leaders prepare for this shift. Companies in multiple industries are already altering their approaches in changing urban markets. In other cases, smart city projects present opportunities to generate advertising revenue and branding. Pharmacies are adding telemedicine kiosks.

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The Fastest-Growing Cause for Shareholders Is Sustainability

Harvard Business Review

While activism takes many different forms, it usually begins with investors holding private conversations with company management on the need to change a process, business model, or management practice. In contrast, fair marketing and advertising of products are very important for companies in these sectors.

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How Likely Is Your Industry to Be Disrupted? This 2×2 Matrix Will Tell You

Harvard Business Review

To help business leaders better understand industry disruption, we developed an index that measures an industry’s current level of disruption as well as its susceptibility to future disruption. Amazon’s acquisition of Whole Foods is forcing many incumbents in the grocery segment to rethink their go-to-market strategies.

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What Uber’s China Deal Says About the Limits of Platforms

Harvard Business Review

On August 1 Uber announced that it is selling its Chinese brand and operations to Didi Chuxing for $1 billion, its annual burn rate in that market, in exchange for a 20% stake in the local competitor. A cautionary tale from the past: After acquiring EachNet.com, eBay controlled 80% of the Chinese e-commerce market in 2003.