#startupplanning

Feasibility studies are especially useful for startups, expansions, and new investments, as they support better planning and more confident decision-making.

10 Services to Call Before Launching Your Business

#StartupPlanning Question – First consider, how did once dominant businesses and thriving #startups fall from their lofty positions of industry dominance? Next contemplate on how your #startup can avoid that same path? Here’s an example for you, Kodak founded in 1888, grew to become the largest film supplier in the US and had the largest number of camera sales to go with it; by far. Then like a Greek tragedy, Kodak did the unthinkable, they created their own demise, the digital camera. Recognizing what they had done, and how their own new product could and would put them out of business, Kodak ran from the digital camera. Meanwhile their new #technology was spreading to new and nimbler business; Kodak was losing their lofty position. Before Kodak realized it, or could do anything about it, they had become outsiders in the industry they themselves had created. Learn from Kodak’s mistakes. While your #StartupStory will be different, there’s a lot to learn from these once industry titans! https://www.instagram.com/p/CFLE-10jxR3/?igshid=pa5v3vbf1eed

#StartupPlanning – What are the characteristics of high-performance #brands and #startups? Think irrespective of industry here. Ask yourself what new #startup grabs your attention? Furthermore, what enables them to consistently outperform others in their market? Now, ask yourself, how can you can apply these principles to your own #brand? https://www.instagram.com/p/CD2SMAXDEAS/?igshid=8ot805y5opsj

#StartupPlanning – What are the warning signals of strategic decline and performance in my #startup? How can my #business or #brand predict these declines and avoid them? https://www.instagram.com/p/CDURN-rg57T/?igshid=1rkmz6d1dwow5

#StartupPlanning Question – They use to say, that by simply building a better mousetrap, people would be lining up for your product. Well, that was then, this is now! Simply having a killer #startup, with great high-quality products and competitive prices no longer guarantees competitive advantage and #success? #BizTip, ask yourself, what does my #business need to do to gain and maintain a sustainable advantage? https://www.instagram.com/p/CC__ErFD6KY/?igshid=1mbi3e7h3qqvn

5 Strategic Planning Questions for #Entrepreneurs When thinking about #StrategicPlanning we advise small #business professionals to take a page from the big players. It’s important to consider foundational factors and the application for your new business. You should be able to answer the following five questions: #StartUpPlanning Question #1 – What makes my organization great and what factors influence the competitive dynamic of my marketplace? #StartUp Planning Question #2 – Why is it that having great high-quality products and competitive prices no longer guarantees competitive advantage? What does my firm need to do to gain and maintain a sustainable advantage? StartUp Planning Question #3 – How did once dominant firms fall from their lofty positions of industry dominance? How can my start-up avoid this path? StartUp Planning Question #4 – What are the characteristics of high-performance organizations — irrespective of industry — that enable them to consistently outperform others in their market? How can I apply these principles to my start-up? StartUp Planning Question #5 – What are the warning signals of strategic decline and performance, and can these declines be predicted and avoided? https://www.instagram.com/p/B_nnttfjl-6/?igshid=xogt964r9rzj