by Jimmy Newson | Dec 5, 2024 | Business Strategy
Key Highlights About 20% of new businesses fail within the first year, and the failure rate rises significantly over time. A staggering 90% of startups eventually fail, highlighting the challenges in this specific area of business. Lack of planning, insufficient...
by Jimmy Newson | Nov 16, 2024 | Business Strategy
Key Highlights Strategic partnerships offer a mutually beneficial way to access new markets and expand your customer base. Aligning target audiences is crucial for maximizing the reach and impact of the partnership. Collaborations can involve private companies, public...
by MFSB Editorial Team | Nov 16, 2024 | Business Strategy
Key Highlights Partner stacking involves collaborating with other businesses to leverage each other’s strengths and resources. Aligning target audiences is critical for maximizing the reach and impact of partner stacking. Collaborations can involve various...
by MFSB Editorial Team | Nov 13, 2024 | Business Strategy
Key Highlights A well-defined annual plan provides a roadmap for businesses to achieve their goals. The process involves reflecting on the past year’s performance, identifying successes, and areas for improvement. Setting SMART goals is crucial for tracking...
by MFSB Editorial Team | Nov 13, 2024 | Business Strategy
Key Highlights Discover the difference between annual planning and strategic planning. Learn the benefits of short-term and long-term business planning. Identify how strategic planning and annual planning work together. Find out how to create an effective strategic...
by Jimmy Newson | Nov 5, 2024 | Business Strategy
Key Highlights A full breakdown of the components of a business plan. A business plan is like a map to help you succeed. It outlines your goals and how to achieve them. Important parts of a business plan include the executive summary, company description, market...
