31: Succession Planning Takes Off
According to succession planning specialists JLR Partners, 2007 saw a growth in the number of established Australian businesses implementing succession plans.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
See Article

32: The Use of Goals - Friend or Foe?
As a society we are achievement driven and recognised for our tangible contributions to the world. At work we are rewarded for achieving specific objectives. Public organisations are required to share their goals with the world. The penalties for failing to achieve them are collapsing share prices an reduced investment. The message is clear - it is good to achieve.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
See Article

33: Think Big
Is perception reality? As technology becomes more pervasive in our world, it's simple for a small business to look and function more like a big corporation and less like a small business. Today, there's nothing stopping small businesses from enjoying the privileges of big companies without ever becoming big themselves.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
See Article

34: Tips for Creating a Strategic Action Plan
Strategic business plans are developed in order to formulate planned strategic actions that are necessary to stay ahead of the competition. A detailed account of the hits, misses and errors for the current and the past year are recorded in the strategic action plan. The strategic plan itself defines action roles of key persons in the organisation and the time frames within which the action is to be completed.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
See Article

35: Transforming Strategic Planning
In early 2005, Macquarie University Sport and Recreation (MUSR) decided that it was fed up with the usual approach to developing strategic planning.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
See Article

36: What you need to know about buying a business
Once you are aware of the benefits and risks associated with buying a business, and have found a business that matches your strengths and interests, you must then do a thorough examination of the operation.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
See Article

37: Writing a Meaningful Mission Statement
Scores of business planning and strategic experts will state a mission statement is mandatory for your company direction and fund raising. Other advisors suggest writing a mission statement becomes a meaningless few sentences collecting dust somewhere in your office. Is a personal and corporate mission statement necessary for success in today's hostile business climate?
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
See Article

38: Big Deals May Disappoint
It is the rare entrepreneur that has not felt the prick of his or her balloon bursting over some dream that was puff and not reality. False hopes such as the star salesperson that will land the large customer, the larger corporate that is fishing to buy your company, or the once in a lifetime sales contract that will create a stream of orders may be dreams - nothing more.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
See Article

39: Exploiting the Competition
It is common to hear business owners adopt a neutral position regarding their competitors: they don’t believe competition is a significant factor in the execution of their business plan. As a small business owner, how well do you know your competitors?
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
See Article

40: How to Stop Procrastinating
The big lie is not that the cheque is in the mail. The big lie is the myth that start-up phase of a company is the bad part, the struggle - that once the cash starts coming in, satisfaction and happiness follows.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
See Article