8 Keys to Re-energizing Your Business

Posted by kingofcontent92 under Management
From http://www.bizbest.com 4003 days ago
Made Hot by: Digitaladvert on May 12, 2013 7:58 pm

It’s a tough world out there. Customers are demanding more. Competition is keen – sometimes from unexpected places. Your business must work harder and smarter to improve profits. And on top of it all, there always seem to be new taxes and regulations to deal with.

Sometimes however (not that this includes you, of course), business owners don’t make the best planners. “We are action-oriented people,” says Bill McBean, who launched and sold several businesses and is now General Partner in the family-owned firm McBean Partners. “But by taking a hard look at a few key places and putting a plan in place you can bank on a more prosperous future,” he says. McBean, author of The Facts of Business Life (Wiley, 2012) suggests these ways to put your re-energizing plan in place:

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Comments

Written by AngelBiz
4001 days ago

These are great tips. In additional to these tactical approaches it also helps to look at the strategic direction of your business and see if there is anything fundamental that you need to change. May be the customer demand has shifted and you are still stuck on the old ways. Probably the new competitor is offering superior services and eating your lunch. These are just examples, but taking a step back and shifting your strategic priorities can help re-energize the business too.

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Written by BizRock
4002 days ago

Amazing and useful tips. It is a great guide for anyone who want improve business.Thank you for such great article!

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Written by tcamba
4002 days ago

Thanks Daniel. Thank you also kingofcontent92 for sharing Daniel's post. Out of the topic question, did you happen to be a BizSugar Contributor of the week or in SmallBizTrends also as a contributor?

Anyway, I find your articles interesting and I can see this through Heather Stone’s(BizSugar Chief moderator if you don’t know her )qualities.

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