Our latest thinking on the issues that matter most in business and management.
Overview A business plan can be broken down into a handful of different components that are each necessary to create a fully functional plan for any business. Every company is unique and every industry has its own special needs, but there are some facets of business that are relevant to every firm regardless of market…
Hi there, my name’s Kevin Foreman. I’m the Founder and President of Black Sheep Business Consulting, BSBCON. We specialize in three things: Writing business plans for loans or investments Helping companies develop unique, sustainable initiatives. Creating innovative strategies for established businesses. In this article I’ll explain what a strategic plan is, what the benefits are,…
Michael Porter – have you heard the name before? I have, and just about everything I’ve learnt in regards to strategic planning comes from his teachings. j In my head I call him the King of Strategy, but he’s best described as an American academic known for his theories on economics, business strategy, and social…
Are you interested in reducing costs, gaining access to contracts, attracting industry talent, or increasing organizational innovation? If you answered yes then it’s time to start taking sustainability seriously. Many organizations are working on sustainable business development purely for the reason that they believe in these ideals, which is noble and we absolutely support. Although,…
Are you trying to attract strategic investors to help finance your company? In this blog I’ll outline how to create a business plan to attract investors or secure a bank loan and how to understand the total value of your business. The First Step.. The first step to creating a business plan is in identifying…
If you get enquiries from your Google My Business listing, you may have noticed reduced activity during this Covid-19 crisis. A report by Reputation.com of US listings claims that impressions (appearances of listings) are down by 59%, suggesting lack of consumer interest at this difficult time. But let’s back up. What is “Google My Business”…
Most companies are run by professionals whose expertise are weighted to the rational, financial, and legal side of the equation; therefore, culture is often misunderstood, subordinated, or unappropriated. Today more than ever, companies are beginning to recognize the intrinsic value of company culture. Company culture is the tacit social order of an enterprise. It defines…
Attention: entrepreneurs, business owners, corporate executives, employees, and managers, the digital transformation is now in full effect. Due to an expected, but highly unprepared for pathogen by the name of COVID-19, the global economy has been forced into complete automation. As a business consultant one of the first questions I ask myself is what’s the…
When I was visiting a business in the fall of 2013 I was first introduced to their company core values. As I stepped down hallways, opened doors, and sat at desks I noticed different values had been painted on the walls: “Always tell the truth.” “Keep it simple.” “Do the right thing.” “Never quit.” Simple…
I’ve owned a number of businesses, and I’ve worked with plenty others. In the process I’ve seen numerous contract proposals submitted in a variety of fields with some successful, and others not. Is there a way to ensure every contract proposal is approved? Not really, and to be honest sometimes it’s for the best, as…
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