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Tag: Business Strategy

  • Introduction to Business Strategy

    Don’t get left behind! If your business operating today the same as it did 6 or 12 months ago it is at serious risk Leave nothing to chance – use this section of the website to create a bright future for your business Learn how to create a business plan that will ensure long term…

  • Action Plan

    Key Learning Outcomes Learn how to avoid the trap of having so many things to do that nothing gets done. Create an action plan to enhance your ability to implement new ideas and strategies. Implement three key ideas every 30 days to ensure that you and your business are always moving forward. Develop habits that…

  • Business Plan Summary

    Key Learning Outcomes Recognise that one of the greatest benefits of business planning is the process itself. Apply the Absolute Best business plan template to help you create a professional document. Use the step-by-step guide to ensure that you have covered all the elements. Understand the importance of sharing the business plan with your team.…

  • Financial

    Key Learning Outcomes Recognise that the more knowledge you gain on the financial performance of your business, the more strategic your planning will be. Refer to your business’s goals to determine the type of financial information you require. Examine your business’s profitability and learn how to identify areas where you can increase revenue. Use the…

  • Critical Risk Analysis

    Key Learning Outcomes Recognise that there is risk in everything we do in life and the key is to manage it. Learn how to identify and measure the risk factors in your business plan. Look for areas that could hinder your success and work to find solutions and adopt control measures. Understand both the internal…

  • Gap Analysis

    Key Learning Outcomes Implement a gap analysis that will allow you to identify the desired outcome of a business, idea or project, the current reality and assess if there is a gap between the two. Use the gap analysis tool in your business or personal life when you feel there is a need for change.…

  • Market Identification

    Key Learning Outcomes Understand the need to collect as much knowledge and information on your potential market as possible during the business planning process. Use industry and government data  combined with your own client and sales records to build a profile on your potential market. Learn how to analyse market information to allow for more…

  • Market Share Analysis

    Key Learning Outcomes Recognise that in order to increase revenue you can increase your share of the market, increase revenue from your existing share or generate income from new markets. Determine your market share in order to establish a baseline when completing a strategic plan for your business. Learn how to measure and analyse your…

  • Milestone Schedule

    Key Learning Outcomes Learn that a milestone schedule maps out the key deliverables in a plan or project. Compile a milestone schedule that will help to keep you or your business or team accountable. Build a milestone schedule as part of the business planning process using the case study business as a guide. Recognise the…

  • Point of Difference

    Key Learning Outcomes Learn to respond to questions from prospective clients such as “why should I do business with you?” Differentiate your business from your competition through uniqueness, superiority or price. Analyse current points of difference to see if they still hold true as time moves on. Refer to the case study business for examples…