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How to Start a Used Car Business

Strategy Driven

A big decision you’ll be faced with early on is the choice between starting a car dealership franchise or your own independent used car business. Franchises often require a larger investment upfront to purchase the franchise rights and will be a bigger operation in general.

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My Best Blogs of 2011

In the CEO Afterlife

There has to be a break from day-to-day operations in the process. Brand Managers inherit brands and manage existing franchises. For as long as I can remember, the person bonded to the CEO’s hip was the CFO. Strategic Plans have to start with deep strategic thought and the right conviction.

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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business Review

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. PM Images/Getty Images. ” Clearly, more is needed.

Cost 10
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Everyday Business Travelers Are Easy Targets for Espionage

Harvard Business Review

James Bond might be the world’s best-known spy, but nowadays even an obscure international business traveler could face similar surveillance threats from a hostile foreign intelligence service or even a business competitor. In the parlance of intelligence operatives, this activity is called elicitation.

Travel 8
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How to Brand a Next-Generation Product - SPONSOR CONTENT FROM HBS EXECUTIVE EDUCATION

Harvard Business Review

But with James Bond movies, there’s no reason to expect that the latest Bond movie [Quantum of Solace] has anything to do with the previous Bond movie [Casino Royale]. These types of processors power huge computer servers, which play vital roles in companies’ day-to-day operations. And then came Windows 7.

Brand 8
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The Big Picture of Business – Community Relations and Cause Related Marketing Are Business Strategies, Not Sales Promotions: Determining the Right Kind of Tie-In Causes.

Strategy Driven

I recently stopped for lunch at a franchise restaurant. I went to their website, where franchise chains allege they want customer comments. The franchise owner later called. We’re a franchise,” he admitted. Franchisers should not sell sure-fire promotions to build sales as part of the worth of the franchise.

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The Global Rise of Female Entrepreneurs

Harvard Business Review

While aggregated data is often challenging to find, the recent Global Entrepreneurship Monitor (GEM) found 126 million women starting or running businesses, and 98 million operating established (over three and a half years) businesses. Similarly, I recently met with Sanergy and Copia Global, Kenyan social enterprises using franchise models.