Opening Your Restaurant - Doing It Right

Learn how to open your restaurant business right. So you've decided to open your own restaurant? Congratulations, here are some topics you won't want to miss learning about, they will be the key to your success. Take your time to plan it all out and be ready for some curve balls along the way, but don't skip anything.

Business Growth - Tracking Product Teams

Once time was money. Now it is more valuable than money. A McKinsey study reports that, on average, companies lose 33% of after-tax profit when they ship products six months late, as compared with losses of 3.5% when they overspend 50% on product development. More and more, advanced manufacturers are learning that the time required to develop a new product has more influence on its success than its costs.

Business Growth - Examining Five Killer Strategies For Trouncing the Competition

Winners in business play rough and don't apologize for it. Toyota has steadily attacked the Big Three where their will to defend was weakest, moving up the line from compact cars to mid- and full-size vehicles and on to Detroit's last remaining profit centers, light trucks and SUVs. All the while, Toyota has dared its rivals to duplicate a production system that gives the company unmatchable productivity and quality.

Ten Top Benefits of Strategic Thinking and Planning For Business and Not For Profit Organizations

What are the real benefits of strategic thinking and planning for business for a not for profit organization? This is one of the most frequently asked questions I have encountered in more than 30 years of work in strategic planning endeavors. In preparing to write this article I reflected on those years of experience and chose what I believe to be ten top benefits of strategic thinking and planning. These are not listed in a priority order.

Clearing Up The Myths About Strategic Thinking and Planning

I continue to be amazed at the amount of misinformation and the number of myths that exist about strategic thinking and planning. During my entire career, I have heard business owners, senior executives and not-for-profit board members and executive directors utter “mythical” statements about strategic thinking and planning. And I have observed that these same people truly believe that these myths are reality. My purpose in writing this article is to share what I believe are the 5 biggest myths and also provide some insights into what I believe are the 5 biggest “realities” of strategic thinking and planning.

The Value And Reality Of Implementing Better Project Management

It has now well been accepted that the implementation of project management practices adds value to any organization. One recent study showed a 28% ROI1 from project management initiatives in IT organizations.

More On Strategic Thinking

On February 20th, I returned from St. Augustine, Florida, where I attended the 7th Annual Meeting of The First Tee (www.thefirsttee.org) and was a featured speaker on Strategic Thinking and Planning. It became clear from the reception and comments I received after my power point presentation, that I had accomplished my goal of sensitizing the attendees to the benefits of strategic thinking and planning and getting many of them to commit to starting the strategic planning process soon after they returned home.

Opening A Dollar Store - How Shopping Patterns can Help You

Are you considering opening a dollar store? If so here is a secret that I learned the hard way. In fact this secret was learned only after totally stocking a new store from top to bottom and then finding that shoppers were unhappy with the way merchandise was displayed in the store. That customer dissatisfaction with the store led to a total restock of the store. Almost instant increases in sales followed.

Opening A Dollar Store - First Steps to Take

There are so many things to do as a part of moving toward opening a dollar store. Without taking the right steps, your successful start-up will be much more challenging. If you have made the decision to open a dollar store be sure that you don't forget these steps.

Opening A Dollar Store - Assemble Your Due Diligence Team

Are you considering opening a dollar store? If you are planning to purchase an existing store, there are some suggestions to consider. Every potential business buyer is strongly encouraged to start by identifying and utilizing a team of experts.

Joint Venture Piggybacking

Don't buy a 747 to fly to LA – simply rent a seat. Don't own the overhead or create a competency; borrow it. This is one valuable secret to the power of Joint Ventures.

Opening A Dollar Store - Some Big Store Disadvantages

If you are opening a dollar store carefully consider the advantages and the disadvantages associated with the actual size of the store that you will open. While there are many advantages to opening a store that is larger in size, there are also many disadvantages as well. These disadvantages need to be carefully considered before a final decision is made.

Does Your Strategic Plan Include a Human Capital Disaster Plan?

Many companies have disaster plans, but these plans do not even consider human capital. Read why your company should have a human capital disaster plan.

Opening A Dollar Store - Location Cannot be Ignored

We have all heard that location is critical to success in the retail trade. If you are considering opening a dollar store know that those who make that claim are correct. A poor location can create so many problems that it may be impossible to successfully operate a business. Likewise a great location can help to cover for other problems and downfalls that occur in a business.

On the Job Preliminary Threat Assessment

To determine the level of risk for violence, the FBI’s Threat Assessment for work place suggests asking the following questions