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Showing posts from October, 2018
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Staying Competitive in Your Industry

Consistently asking questions keeps a business on its toes and creates the drive for an answer. The question, “How can your business stay competitive?” leads to so many other questions like, “Who is your competition? What makes you different? Can you expand what you offer?”

Establishing who your competition is, can provide guidance to figure out what makes your business different. It also helps one observe the repetitive behavior of competition to back-up your future strategic planning. Though, GREAT businesses are not predictable and are always analyzing the path ahead.

Analyzing information already obtained is also a good way to know which way to approach when it comes to expansion in a business. When expanding, what you offer can separate you from your competition. Your business should be organic and ever-evolving. Break it down to your employees, are they good at what they do? When bringing in talented personnel, your business can effortlessly thr…