by Jimmy Newson | Apr 8, 2024 | Small Business
Key Highlights Starting a small business requires careful planning and research A solid business plan is crucial for success Conducting thorough market research helps identify your target audience and competition Choosing the right business structure is vital for...
by Jimmy Newson | Dec 28, 2022 | Marketing, Small Business
When it comes to monitoring the performance of your business, it is important to understand the difference between leading and lagging indicators for your KPIs. Leading indicators are those that predict future performance while lagging indicators provide a look at...
by Jimmy Newson | Mar 14, 2024 | Business Strategy, Marketing, Small Business
Welcome to our comprehensive guide on mastering SWOT analysis for business growth. In today’s dynamic and competitive business environment, having a strategic planning tool like SWOT analysis can make all the difference. SWOT analysis, which stands for Strengths,...
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. Weaknesses in...
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,...
by MFSB Editorial Team | Mar 15, 2024 | Business Strategy, Marketing, Small Business
Key Highlights SWOT analysis is a powerful tool for developing business strategies. It helps identify strengths, weaknesses, opportunities, and threats. SWOT analysis can be applied to various industries and organizations. It facilitates decision-making and...