Strategic Planning Archives - Page 3 of 13

By Renita Wolf | July 23, 2024

Startup Entrepreneur: What are the Benefits of an Acquir-Hire Exit Strategy?

The vast majority of successful startup exits are not Initial Public Offerings (IPOs) but rather acquisitions — big or small, including acqui-hires. Acqui-hire deals are common due to the competition for top talent by rapidly growing technology companies like Google, Facebook, Twitter, and Amazon. As a startup entrepreneur, building toward an acquir-hire exit may

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By Renita Wolf | July 09, 2024

How To Increase Your Company’s Cash and Working Capital Now

Improve Working Capital Management Working capital is the lifeblood of your company. The excess of current assets over current liabilities, it has the power to create or destroy value. Three key components of working capital are inventory, accounts payable, and accounts receivable. By reducing the cash conversion cycle – a key metric monitoring the length

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By Renita Wolf | June 24, 2024

What’s Your Competitive Advantage? How To Hone In On Your Unique Selling Proposition (USP)

Successful business owners identify their competitive advantage and their “unique selling proposition,” or USP. Their USP is what distinguishes their business in the marketplace and separates it from competitors. What’s your business’s unique selling proposition? What’s special about your product? How does your product or service solve a specific problem or fill a critical

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