Diagnosing the struggling startup is the first step to recovery. When you go to the doctor, he or she will not prescribe a solution before a diagnosis. The same with companies—large, small, start-up, or established. After we identify symptoms such as poor cash flow, we must perform a diagnosis. The Struggling Startup Might Not Need […]
Many entrepreneurs make three crucial mistakes at the outset. They do not pay sufficient attention to customers’ preferences; they ignore their competition because their product thrill them, and third, they neglect to follow their business strategy. Indeed, some have no strategy.
Small businesses employ almost 50% of Canada’s private sector workforce; it’s an important growth area. Are you in or planning to join this sector? Are you thinking about kicking-off a home-based business? Ensure you have a clear vision and mission, solid values, a coherent strategy, and a firm value creation platform.