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...
by MFSB Editorial Team | Oct 9, 2024 | Business Strategy
Highlights Clear Business Plan Objectives: Essential for guiding organizations toward their goals by providing a roadmap that aligns efforts and resources. Differentiation of Goals and Objectives: Understanding the distinction helps in setting precise, actionable...
by Jimmy Newson | Oct 4, 2024 | Business Strategy, Entrepreneurship
Key Highlights Explore the timeless lesson of steady growth versus rapid expansion in business strategy. Discover the significance of embracing the tortoise mentality for long-term success. Learn from real-life case studies of companies that succeeded with a slow and...
by MFSB Editorial Team | Mar 15, 2024 | Business Strategy, Marketing, Small Business
Key Highlights SWOT analysis is a strategic planning technique used to evaluate a company’s competitive position and develop strategic plans. It assesses internal and external factors and helps identify strengths, weaknesses, opportunities, and threats....
by Jimmy Newson | Mar 15, 2024 | Business Strategy, Marketing, Small Business
Small businesses face numerous challenges and opportunities in today’s dynamic business environment. One powerful tool that small business owners can use to identify and leverage opportunities for growth is the SWOT analysis. SWOT, which stands for strengths,...