All posts tagged finish unfinished business

ARTICLE: Four Ways to Protect Your Patch…

Warren Buffett famously invests in businesses that have what he calls a protective ‘moat’ around them – one that inoculates them from competition and allows them to control their pricing. Big companies lock out their competitors by out-slugging them in capital infrastructure investments, but small businesses have to be smarter about how they defend their patch. Here are four ways to deepen and widen the protective moat around your business: Create an army of defenders Ecstatic customers act as defenders against other competitors entering your market, a factor that has enabled many businesses to defend their market share in their…

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Online Strategy = Disruptive Thinking

As noted in late 2013, Bernard Salt the demographer comments, “all the global financial crisis did was to accentuate a social and technological trend in shopping that was already well under way. I suspect the same logic applies to recent profound changes in business. Business is always looking for operational efficiencies, one response has been the contrarian pursuit of new opportunities. But here’s the twist. The new business opportunities coming out of the past five years have split into two categories: the conventional and the unconventional.” Disruptive Thinking is unconventionally very exciting; it is also the way of the future. Business Owners should…

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do you have a website for sale?

Whilst each of you are determining your own Online Business Strategy, I’ve been working on mine. That is, I am now in hot pursuit of Online Businesses and websites as a potential purchase for myself and/or my network of potential buyers… Do you have one? Is your Online Business/website: profitable? traffic savvy? niche driven? older than 12 months? ready to be sold? priced to buy? If yes to any of the above, please contact me at sell@theentrepreneurialmother.com advising the above details and the best way to contact you?

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what does going Online mean to YOU, the Business Owner?

It will fundamentally change the way the Business you built operates. Are you OK with that? Really? Because if you do want to pursue this path, you will need to be. You started the business one way, which may now potentially look and feel a whole lot different. And you have to be fine with this evolution. If you find you are not then maybe it’s time to best get out of the way… If you want your Business to be 21st century ready, then going Online has to feature as part of the growth plans. This is where you…

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the Online RollOut Plan…

Your Online Strategy needs to be documented and reviewed with all parties who will help you implement and maintain it. Effective plans should include: shall we rework or rebuild current online presence? what actions we plan to take over time will we be static or dynamic? who will be the single command and control point? key points now worthy of mention what is the order of priority? what are our resource requirements what is the budget, with estimated one-time and ongoing costs? what are our assumptions? how will we measure results? what new information do we need? what new activities may…

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who cares about what’s done Online and how do they?

This is about assessing your current online channels and how these are performing in relation to your goals, costs, and time taken to maintain them. In other words, who’s buying, who cares and is it worth pursuing in it’s current form? It’s often helpful to use analytics tools to understand how you’re found online and who your customers are, as well as their current comments about your products and services.Questions to include: Who is in our immediate community? Who comprises our indirect community? Where are our communities hanging out online? What is their opinion on our brand, products and services?…

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what’s worked Online and what needs to?

This is all about defining the specific goals, deliverables, project sponsors and internal and external team members your Business wants to get from its Online Strategy activities. Whilst it sounds rather large, potentially draining and incredibly time-consuming, it does not need to be like that. Not in the way I do it anyway… Questions to be reviewed and answered: assess the current environment what are we good at? how do we know what we’re good at? who is the audience? what do they want? what does we want? why do they buy? why do we think they buy? who are our…

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Very Excited to be Westpac Ruby Connection W@W of the Month…

W@W Denise Hall Smart ways out – starting with the end in mind can make a real difference to your bottom line, says business strategist Denise Hall. “ This is how the piece about me is introduced in the latest Westpac Ruby Connection enewsletter starts, and it goes on to say… “We discuss the business lifecycle and we talk about start-up and growth. Maybe, we get a few tips about exiting the business. In my opinion finishing unfinished business – starting with the end in mind – deserves the same consideration as birth and growth or you risk losing out…

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TEMpting: how Business Sellers and Buyers have been tempted this week…

What are you waiting for? GET YOUR SCORE… [If any of the following tickle your fancy, please contact me by emailing sell@theentrepreneurialmother.com letting me know which one it is…]  BS9 = Specialist Leadership and Talent Management Provider Completed Sellability Score. Looking to a 2013-14 kick off, getting all ducks in a row in the meantime. * BS14 Leading Book Supplier Completed Sellability Score Financials received, more to come. Currently going through refinancing dramas! * GET YOUR SCORE… * BS19 Leading Wedding Services Provider 1st meeting had, waiting on Stage 2 financials – meeting to be set * BS22 Business “Consultancy” Completed Sellability Score…

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TEMpting: how Business Sellers and Buyers have been tempted this week…

What are you waiting for? GET YOUR SCORE… If any of the following tickle your fancy, please contact me by emailing sell@theentrepreneurialmother.com letting me know which one it is…  BS9 = Specialist Leadership and Talent Management Provider Completed Sellability Score. Looking to a 2013-14 kick off, getting all ducks in a row in the meantime. * BS14 Leading Book Supplier Completed Sellability Score Financials received, more to come. Currently going through refinancing dramas! * GET YOUR SCORE… * BS19 Leading Wedding Services Provider 1st meeting had, waiting on Stage 2 financials – meeting to be set * BS22 Business “Consultancy” Completed…

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