Category: Business Growth

Crafting and refining a vision for business is a way to gain clarity, stay focused and strategic when building/growing a business. You can use it as a beacon for your daily routine; as a tool to inspire your employees; as a communication message for the customers; and as a criterion for your decisions. It is […]

Your market and your customers are always evolving. Standing still in the business world allows other companies to step in and fulfill customer needs. Here are a few tips on how to uncover growth opportunities: Self EvaluationIt is extremely important to first evaluate the existing business. Examining each service or product from its bottom line […]

“Capital isn’t scarce, vision is.” ~ Sam Walton Being successful in business depends on having a clear vision. Business leaders are responsible for having a clear vision and being able to express it to others – to your employees, investors, partners, suppliers, customers, and communities. Your business then becomes an opportunity for realizing and living […]

Strategic alliances can lead to business growth when business owners rally to achieve a mutually beneficial outcome.  One recent tourism industry success story is of sixteen operators downtown Nanaimo that came together under the banner of the Painted Turtle Guesthouse’s ‘Stay & Save’ program to increase overall visitor numbers, increase local visitor spending, and increase […]

As businesses confront increasing competition during challenging times, there seems to be a renewed interest in strategic planning. Strategic plans create a road map to determine where an organization is going, how it’s going to get there and how it will recognize success. Following are eight phases for the strategic planning process. Get Ready. Identify […]

One of the key tests of leadership is the handling of challenges and difficulties within the organization. Periods of turmoil raise the personal stress level and anxiety of all members. Particularly in periods of uncertainty, where there is a vacuum of leadership, followers will create their own story as a way of creating certainty. Too […]

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