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VALUE ENGINEERING
It is time to take the "temperature" of your business and to take action to enhance the value of your business. Value Engieering is the management function of understanding and focusing on the true value drivers in your business. The information in this department is varied. It ranges from simple important points to more involved financial strategies. All topics are addressed with one thing in mind: A Value Enhancing idea is of no value if it cannot or is not implemented correctly. Please read the ideas several times and relate them directly to your business. You truly can Create Wealth Through the Power of YOUR Business!
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Get Visible: It Could Make the Difference!
Be prepared for a sale at any time! You never know when a highly qualified, unique buyer will appear. The thrust of value engineering and strategic planning is to move your business into a position to engage with a buyer who appears unexpectedly without regret. . . .
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What are the Big-6 Costs of Chosing the Wrong Strategy?
Too many managers are quick to chose a strategy and too slow to recognize the costs associated with the wrong strategy. It pays to take a little more time to get on the right track and to then continously assess the results against expectations. The costs of chosing the wrong strategy can be huge. . . .
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Market Research: A Critical Management Need
Major corporations routinely spend tens of thousands of dollars on expensive and elaborate market research studies designed to help them better understand target markets and how their products are or should be positioned. One recurring question for owners of small or mid-sized business is how can they acquire the same level of information at "reasonable" costs. . . .
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Two Mistakes that Every Business Owner Must Avoid
There are 2 mistakes to always avoid...especially in today's difficult market. Understanding and positioning your company for the next economic cycle, it is critical to developing the performance necessary to increase your wealth through the power of your business. . . .
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The Principles of War and Effective Management...
by Richard Mowrey
Unfortunately we are saddled with the news of the on-going war(s). Regardless of how you feel about the strategy and tactics in these engagements, there are critical principles that can be observed and apply to business situations. A working understanding of these time-tested principles can help you increase the value of your business. . . .
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