"> Business Strategies

Business Strategies

WHAT IS A STRATEGY?

A strategy is a plan of action designed to achieve a specific goal. According to Henry Mintzberg, in his book, “The Rise and Fall of Strategic Planning”, points out that people use “strategy” in different ways.  Strategy is a plan of action getting from here to there. Strategy is a pattern in actions over time. Strategy is position that reflects decisions. Strategy is perspective that is vision and direction. Strategy is the course we chart, the journey we imagine and, at the same time, the course we steer, and defining the trip we make.

Business strategies guide your decisions and actions are critical to your long-term growth. Strategies allow you to develop actions necessary to address your strengths, weaknesses, opportunities and threats (SWOT).  Strategies involves setting goals, determining actions to achieve the goals, and how the end objective will be achieved.

 

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WHAT IS CREDIT?

Credit scores are more than just numbers; they reflect how lenders, banks, credit card companies, landlords and insurance agencies see individuals who are potential business associates.  In today’s financial world the most valuable thing we have is our credit rating. Understanding how credit works allows you to make the right choices.

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HOW TO DISPUTE YOUR CREDIT REPORT

Your credit report is one of the most important things impacting that can impact your financial life. According to a report from Federal Trade Commission; one in four consumers’ credit reports has an error. Credit report mistakes can have dire consequences. Consumers may pay thousands of dollars more in…

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WHAT IS SWOT ANALYSIS?

SWOT analysis is a business analysis technique used regularly provides the tools and information necessary to establish strategic planning and objectives for deciding on the best way to achieve future growth. It’s a relatively quick way to look at organizational strengths, weaknesses, opportunities, and threats.

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Click below to see different industries, business strategies, and how to get started.