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Big Ideas: How to Figure Out The Viability of Your Business Idea

Posted by StellaPop on Dec 27, 2018 8:25:00 AM

You've had a brilliant idea, one you think could turn into a rare "unicorn". But before you dive headlong into launching a business, first take the time to validate your idea. This will help ensure that there's room in the market for your idea - along with potential customers. It can also save you from doubling up on something that already exists, or attempting to shoehorn yourself into an overcrowded vertical.

Here's how to figure out whether your idea has legs.

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Topics: Business Consulting, Operations, Start Up

How a Subscription Model Keeps Customers Coming Back

Posted by StellaPop on Nov 7, 2018 7:37:00 AM

Savvy consumers are moving away from single-use products - and so are savvy businesses. After all, the easiest way to ensure customer retention is to build it into your business model. So how are they doing it? With the subscription model.

Gone are the days when subscriptions were only associated with newspapers and magazines. In 2018, 29% of the value of the top 100 brands is in subscriptions - up from 18% in 2009.  If you shop via Amazon Prime, watch TV through Netflix, cook using Blue Apron and pay for an annual Microsoft Office license, you're buying into the subscription economy

So why are subscriptions so great, and why should you build them into your business?

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Topics: Management Consulting, Operations, Management

The Small Business Owners Manual: Operations 101

Posted by StellaPop on Nov 1, 2018 8:00:00 AM

The vision many people have when they dream about running a business is often a far cry from the day-to-day reality. The freedom, flexibility and fine dining lunches don't necessarily materialize. In their place, many small business owners struggle with long days, stress and cash flow.

Though common, those issues don't need to be part of the experience. Often, they arise when small business owners need a stronger grounding in the basics of business operations and process.

Here's what you need to know to ensure that your business ticks along like a dream.

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Topics: Management Consulting, Business Consulting, Operations, C-Suite

Workplace Amenities: What You Need to Provide for a Happy, Productive Workforce

Posted by Angie O'Grady on Oct 11, 2018 7:50:00 AM

Did you know that the average person spends about one-third of their life at work? Long gone are the days where employees were willing to work strict hours in one location that offered little to no perks. A one-pot coffee maker and water cooler will no longer fit the bill. Today, workers expect to have a more optimal workplace filled with amenities that promote wellness, happiness, and satisfaction.

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Topics: Human Resources, Workplace Services, Operations

Business Minded: Organizational Strategic Planning in 8 Key Steps

Posted by Angie O'Grady on Sep 27, 2018 8:00:00 AM

Strategic planning is used to define your company's priorities, direction and goals to ensure that everyone is working together towards the same outcomes. Done well, it gives you a roadmap of the actions you need to take to reach your goals - and a way of measuring success. 

There are many different frameworks and approaches for strategic planning. Our preferred approach involves 8 key steps across 4 phases:  

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Topics: Management Consulting, Business Consulting, Operations

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