When building a strategic plan, entrepreneurs must understand their industry and their competition. One way of analyzing these is through Porter's 5 Forces. Here's how it's done.
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AngelBiz voted on the following stories on BizSugar
Using Porter's 5 Forces Model to Analyze Your Startup's or Small Business' Industry -
Posted by CateCosta under StrategyFrom http://www.catecosta.com 3345 days ago
Made Hot by: AmyJordan on September 24, 2015 9:46 am
Infographic – Why You should Hire more Women in Executive Ranks
Posted by AngelBiz under Human ResourcesFrom http://www.smallbizviewpoints.com 3346 days ago
Research proves that corporations see financial benefits when they have larger population of female executives. This Infographic provides insights.
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Zen and the Art of Losing a Customer – Lessons from Avis Car Rental
Posted by AngelBiz under Customer ServiceFrom http://www.smallbizviewpoints.com 3346 days ago
Lessons from personal experience with Avis Car Rental on how one bad front desk employee can lead to loss of large number of customers.
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6 "Gut Check" Questions All Entrepreneurs Should Ask Themselves
Posted by lyceum under StartupsFrom http://smallbiztrends.com 3347 days ago
Made Hot by: fundpr on September 23, 2015 11:37 am
Not everyone is cut out for a career as a self-directed entrepreneur.
Some people are best suited to work for someone else. I know this is a harsh statement to some, but that’s the way it is.
Even if you are starting out a business on the side (a.k.a. side hustle), you still might not be cut out Read More
Some people are best suited to work for someone else. I know this is a harsh statement to some, but that’s the way it is.
Even if you are starting out a business on the side (a.k.a. side hustle), you still might not be cut out Read More
Keeping Your Business Prepared in the Face of Disaster
Posted by stillwagon428 under ManagementFrom http://smallbiztrends.com 3349 days ago
Made Hot by: deanuk on September 21, 2015 1:59 pm
As the height of hurricane season approaches, is your business prepared for power outages, flooding, property damage, lost work time and more? Don Newman, Director of Small Business Advocacy, New Jersey Business Action Center (BAC) has five recommended strategies to help small businesses ride out
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Creating a Better Digital Marketing Strategy for Your Business
Posted by AngelBiz under MarketingFrom http://www.smallbizviewpoints.com 3349 days ago
Digital marketing is becoming crucial to creating a successful brand and thriving business. Here are tips to create an impressive digital marketing.
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3 Core Business Mindsets For Women Wanting To Start Home Businesses
Posted by Louisa under Online MarketingFrom http://www.louisachan.com 3349 days ago
Made Hot by: OpenSourceMedia on September 23, 2015 12:11 pm
Women wanting to start online home businesses are faced with many real life challenges. To have any success in starting their own business, they need 3 business growth mindsets.
Business mindsets cannot be outsourced, they need to be cultivated. Perspectives need to be changed.
Get the detail Read More
Business mindsets cannot be outsourced, they need to be cultivated. Perspectives need to be changed.
Get the detail Read More
7 Tips on How To Recruit Top Candidates Who Will Stay - Tweak Your Biz
Posted by JulieEllis under Human ResourcesFrom http://tweakyourbiz.com 3349 days ago
Made Hot by: profmarketing on September 20, 2015 9:21 am
In 2014, 40% of employees who left their positions did so within the first 6 months of their hiring. This is a pretty staggering percentage and should tell organizations that their recruitment and employment practices may be flawed. It takes time and money to recruit and hire, not to mention the di
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Is Multitasking Good for Business? Research Says No
Posted by PASAngelique under ManagementFrom http://www.liveplan.com 3349 days ago
Made Hot by: deanuk on September 20, 2015 1:48 pm
Is multitasking really beneficial to productivity? There’s a lot of research that suggests it hurts productivity, rather than helps it.
http://bit.ly/1NyvvtX Read More
http://bit.ly/1NyvvtX Read More
The Top Business Technology Trends Happening Right Now
Posted by franpro under TechnologyFrom https://www.thefranchiseking.com 3351 days ago
Made Hot by: logistico on September 18, 2015 10:05 am
Businesses large and small are using mobile technology in a variety of ways. For example, franchise businesses are doing a fantastic job of marrying mobile technology with customer retention. Check out the infographic here!
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