Measuring Leadership Effectively From All Sides
The word leader came into existence in 1837. It originated from an Old English word ‘lædan’ that means to lead as a guide. A leader leads because of their Leadership qualities. It’s an innate skill of every leader. Thus measurement of leadership skills is essential to gauge its efficiency from an organizational perspective. […]
A Complete Guide on How to Get Finance to Purchase an Existing Business
You may be dreaming of owning your own business. But a scary statistic might be stopping you. It is that 50% of businesses with employees fail within five years. Then getting finance to purchase an existing business may be the answer to your prayers. Every year, more than 500,000 businesses change hands. It is expected to skyrocket […]
What are the 4 types of Innovation & Why it matters?
In this blog, you’ll get familiar with the four main types of innovation along with more other types & why it matters in the business world. Innovation is part of a Business Organization. A study by Bern University says, only 15 percent of companies will make it to the 15 years mark whereas only […]
A Simple Guide to Differentiate Fair Value and Fair Market Value
Everyone uses terms in their area of expertise that make other professionals scratch their heads. For example, you may start discussing business valuations with an accounting professional. Then two terms that will come up frequently are fair market value vs assessed fair value. They sound as if they are interchangeable. But they are, in fact, […]
Real-World Private Placement Examples and Their Impact on the Businesses
To understand private placement examples, let’s first understand that conventional wisdom beseeches investors to balance and diversify. But there are volatility and interest rate yields that do not even keep pace with inflation. So, conventional wisdom can burn. That is why savvy, high-net-worth investors hedge against these downsides. They do so with a broad […]
Product Strategy – Definition, Development, Example And Template
What is your Product Strategy? Well, YOU NEED A STRATEGY. When I think about this scene in my head, I can hear the CTO very loudly yelling with our product team. We had been experimenting with a detailed concrete goal for 2 months and had made loads of progress. We had learned […]
What is a Business Exit Strategy? Some of the Top Business Exit Strategies
You have spent years building your business. You are at the point where you start to think about what comes next. But business exit strategy planning is a subject that has completely eluded you. You are not alone. Exit planning is often overlooked in the life-cycle of a business. Two-thirds of businesses lack […]
What is IP Assignment Agreement and Why is it Crucial for Every Business
You may be starting or acquiring a company. Then you need the Intellectual Property Assignment Agreement (IP) to transfer intellectual property. These include innovation patents, source code, and customer lists. In a technology business, what the investor finances is often the IP assets. Your products and services depend on certain critical IP assets. Then an investor will undertake due […]
A Complete Guide On Operational Excellence Strategy
Do you know that the birth of an operational excellence strategy took place in a manufacturing environment? During the revolutionary period, its objective was to meet regulatory requirements and mitigate risks from catastrophic failures. But users realized its broader application as a tool to improve manufacturing processes and practices. Today, best-in-class manufacturing companies […]
A Step-by-Step Guide On How To Accurately Calculate Market Size
Why do investors do market sizing? Imagine that you have just spent three years building a fantastic business. Your product is excellent, and your website is cutting edge. Your people are well-trained and enthusiastic. Also, your customers love what you do. You are running at a loss. There are not enough customers in […]