SME Strategy

AUGUST 28, 2024

Jean shares his compelling story of building a $100 million business, losing it all, and then rediscovering his path through deep introspection and strategic planning. The conversation is packed with valuable insights for entrepreneurs aiming to achieve business success while maintaining a balanced and fulfilling life.

Strategic Planning 109

Strategic Planning Small Business Implementation Revenue 109

Vantage Circle

MARCH 26, 2020

While many of us are used to swanky offices in tony districts of our cities and whether we are ready or not, COVID-19 has transitioned many companies to enable remote work at scale. 70% of Forbes Global 2000 companies will use gamification to boost engagement, retention and revenues. Conclusion.

Employee Engagement 105

Employee Engagement Deliverables Hospitality Manager 105

Monday Task Management

MARCH 15, 2022

No matter which way you use to create a client intake form for your business, they’re a crucial part of working with clients and customers. They add order where there can be chaos, especially when you try to scale a business. Small business intake form. Why use an intake form? Image Source ). Image Source ).

Onboarding 52

Onboarding Small Business Workflows B2B 52

Monday Task Management

MARCH 15, 2022

No matter which way you use to create a client intake form for your business, they’re a crucial part of working with clients and customers. They add order where there can be chaos, especially when you try to scale a business. Small business intake form. Why use an intake form? Image Source ). Image Source ).

Onboarding 52

Onboarding Small Business Workflows B2B 52

Andrew Chen

DECEMBER 1, 2021

And launching and scaling these products requires a mastery of “network effects,” one of the most-used but misunderstood jargon terms in the industry. The Hard Side of a network is, by definition, hard to scale. Uber’s drivers are just one example of a broader set of workers that drive most marketplace companies.

Marketing 95

Marketing Assets Recruitment Operations 95

Walk Me

SEPTEMBER 6, 2021

Here are a few of the downsides of using Excel for productivity tracking: Excel is not suitable for large-scale use. That being said, for a small business with a small number of employees, Excel may be the best solution. That being said, Excel is not always ideal for time tracking and productivity tracking.

Software 52

Software Administration Sales Sales 52

Monday Task Management

MARCH 15, 2022

Revenue leaders, customer service leaders, and operations leaders each have different goals, strategic initiatives, and measurements of success. For example, the financial metrics this business is tracking are: ROI. Financial results — such as revenue and profit for the quarter. Image Source ).

Strategic Planning 52

Strategic Planning Cash Flow Metrics Operations 52

Monday Task Management

MARCH 15, 2022

Revenue leaders, customer service leaders, and operations leaders each have different goals, strategic initiatives, and measurements of success. For example, the financial metrics this business is tracking are: ROI. Financial results — such as revenue and profit for the quarter. Image Source ).

Strategic Planning 52

Strategic Planning Cash Flow Metrics Operations 52

Harvard Business Review

JULY 25, 2016

organizations with $10 million–$1 billion in revenue make up the fourth largest global economy in the world, with $3.8 Over 200,000 midcap businesses collectively employ 34% of the U.S. They confuse growth for scaling. Build capacity to scale — don’t just replicate. trillion in private sector GDP.

Scaling 15

Scaling Energy Revenue Marketing 15

Harvard Business Review

FEBRUARY 3, 2014

“Small business is the backbone of our economy.” New businesses are the lifeblood of a healthy… economy.” This may surprise you given the prevalence of our leaders’ public declarations that small, new businesses are the key to economic health. Small is not always beautiful.

Small Business 13

Small Business Real Estate Transportation Scaling 13

Harvard Business Review

DECEMBER 3, 2010

The key issues: Groupon's business model is less appealing to its key constituents than YouTube's, and the resilience of Groupon's future pool of potential revenue-generating partners seems in doubt. billion next year, seems to some like a downright bargain ).

Small Business 18

Small Business Revenue Media Scaling 18

Walk Me

FEBRUARY 14, 2023

Training templates make it easier for employers to plan out the details of implementing large-scale changes, including setting deadlines and outlining tasks for each team member. It can include an increase in employee productivity, a reduction in errors or accidents, a decrease in turnover rates, and an increase in sales or revenue.

Compliance 52

Compliance ROI Benefits Implementation 52

Harvard Business Review

DECEMBER 12, 2017

It helps make their businesses more efficient and more profitable. It also helps smaller farms level the playing field with their larger competitors with greater scale. Crowdfunding platforms and social media have changed the way many small businesses get started raising capital. These policies were not an accident.

Small Business 9

Small Business Operations Scaling Revenue 9

Chris LoCutro

JANUARY 30, 2024

No, it's not not if your business can handle it. In fact, in when a company comes through for the first draft plan, almost every single time I ask a question, if we were to double your revenue tomorrow, what would happen? Folks, these are the kinds of results that businesses get by coming through our four day strat plan event.

Administration 59

Administration Revenue Sales Sales 59

Harvard Business Review

APRIL 25, 2011

What is missing is growth capital for the small companies that should be the economic engines of their communities. Successful companies between $5 million and $50 million in revenues can't get the capital they need to expand their operations and hire more people in city neighborhoods where the best social program is a job.

Real Estate 15

Real Estate Revenue Banking Scaling 15

Chris LoCutro

MAY 16, 2023

You’re an entrepreneur, a small business owner, or leader, and you’re trying to grow what you’ve got. But, with 99% of businesses in the US being “small businesses”, how do you get noticed? Trade shows are the unsung heroes of many small businesses growth. Hey, look over here. Am I talking to you?

Marketing 59

Marketing Small Business Travel Sales 59

Harvard Business Review

DECEMBER 22, 2010

To do this they apply the same discipline to their charitable work that they do to their core business--insisting on strategic focus, investing at scale and measuring results. The Nike Foundation also leans on its expertise in innovation and scale to find solutions to poverty, while keeping its operations separate from the business.

Scaling 16

Scaling Business Analysis Education Banking 16

Harvard Business Review

JULY 24, 2013

No matter what industry it''s in or what product it''s selling, the absolute best way for a startup to obtain the capital it needs to grow is to generate revenue and reinvest profits. These types of investors do not bet on the business so much as they bet on the person. Note, scale is the operating word here.

Small Business 13

Small Business Scaling Advertising Banking 13

Harvard Business Review

APRIL 10, 2013

I met him again two months ago: six years later he had scaled up by a factor of ten — all the result of organic growth — and employs over 6000 people. Scale-up means growth, and growth means jobs, wealth, and tax revenues. Even better.

Balance Sheet 12

Balance Sheet Government Scaling Cash Flow 12

Harvard Business Review

MARCH 29, 2013

Companies seeking to create scalable social businesses need a measurement system that monitors their progress in delivering social benefits and economic value. Only by tracking both the social and business results and how they're connected can firms hope to have a large-scale social impact. Identify the Social Issues to Target.

Scaling 13

Scaling Operations Sales Sales 13

Harvard Business Review

APRIL 15, 2013

As part of an awards program that one of us (Cara) created and the other (Mark) helped judge, we had the opportunity to see how hundreds of top marketers in Silicon Valley are engaging customers and growing revenue in this new era. She organized a roadshow meeting with local small business groups in ten cities. The results?

Media 14

Media Marketing Scaling Inclusion 14

Harvard Business Review

NOVEMBER 7, 2012

And what a campaign it has been, scaling new political heights and plumbing new lows. Everyone from the country's best economists to the CEOs of our leading companies agree the answer lies in a "grand bargain" combining some increases in tax revenue with substantial cuts in spending. You have four more years to make a difference.

Administration 14

Administration Small Business Operations Revenue 14

Harvard Business Review

JANUARY 31, 2017

Small business owners and entrepreneurs also focus on increasing their client retention rates should their employees leave. However, due to data limitations, large-scale empirical research on this subject has been lacking. I decided to look at the issue in the context of the federal lobbying industry.

Small Business 15

Small Business Retention Recruitment Revenue 15

Harvard Business Review

JUNE 3, 2013

Best Buy historically made its money by selling products; Geek Squad provided affordable IT services to individuals and small businesses. Google''s buyout of Android also fits into this category, adding the licensing of telecom-operating software to its main business model of contextual advertising. s main revenue streams.

Advertising 9

Advertising Revenue Operations Media 9

Harvard Business Review

MAY 12, 2014

There is some evidence that it goes the other way around, that is, economic growth stimulates new business creation and startups. For public officials, job creation and tax revenues (fiscal health) may be the primary objectives. Family businesses squash entrepreneurial initiative in order to protect their “franchise.”.

Banking 14

Banking Education Benefits Marketing 14

Harvard Business Review

MAY 31, 2016

For some countries, the transition has been very rapid and at a scale that is without precedent. Thanks in no small part to the mobile wallet wars among the BAT – Baidu, Alibaba, and Tencent – mobile payments today account for over 70% of all e-commerce transactions in China.

Banking 15

Banking Inclusion Government eCommerce 15

Harvard Business Review

JULY 30, 2013

But once you achieve initial product-market fit and are down the Sales Learning Curve (PDF), suddenly you are faced with a new challenge: how do I scale up the sales efforts? If you want to scale sales, you hire more sales reps. To achieve friction-free revenue (and who doesn''t want friction-free revenue?),

Marketing 9

Marketing Sales Sales SaaS 9

Harvard Business Review

JULY 14, 2015

You can build one even before you leave your job by attending relevant conferences, reaching out to people through LinkedIn or Twitter, or joining a group of freelancers or small business owners in your area. You have to think of yourself not just as a contractor, but as the head of a small business. Can you try it out?

Small Business 15

Small Business Insurance Administration Marketing 15

Harvard Business Review

MARCH 2, 2015

He’d been the one to suggest that Unamano aim to quadruple the revenues of the small businesses it targeted, an audacious goal given the long odds facing any emerging-market start-up. Businesses run by UEs generated $6 billion in annual revenue and employed 225,000 people.

Marketing 14

Marketing Real Estate Nonprofit Engineering 14

Harvard Business Review

NOVEMBER 5, 2012

The scope and scale of Hurricane Sandy and her impact on cities like New York has helped bring five critical realities into much clearer focus: Extreme weather events are happening more frequently than ever before. The cost of failing to do so — in terms of lost lives, revenues, and property — is far too high.

Government 11

Government Diversity Nonprofit Assets 11

Chief Executive

SEPTEMBER 12, 2022

I feel the Fed will continue to be aggressive on inflation, which will temper some on the revenues side, but it will likely help ease labor pressure, which I see as the most impactful business concern currently,” said Mark Rubenstein, CEO of hospitality service provider A Head for Profits.

Small Business 98

Small Business Revenue Real Estate Biotech 98

Zenefits

JULY 27, 2022

As your small business continues to scale, cash flow transparency and accounting efficiency become harder to maintain. It may depend on highly manual processes, making accounting tasks impossible to scale with demand. General business sizes are: Small business — fewer than 100 employees, under $50 million in revenue.

Accounts 52

Accounts Accounts Payable Cash Flow Software 52

Chris LoCutro

MAY 9, 2023

Lots of people dream about starting their own business. There are now over 33 million small businesses in the US. Today, 99% of all US businesses are “small” businesses. Welcome to the Chris LoCurto show where we discuss leadership and life and discover that business is what you do, not who you are.

Government 59

Government Small Business Nonprofit Benefits 59

Brian Balfour

AUGUST 3, 2017

If you lack one of the fits, you either don't reach the scale of $100M+ or grow so slowly that venture investors aren't interested. As a result they've differentiated their product on the things that enterprise customers care about: customization, security, and scale (that's their Market Product Fit).

Marketing 57

Marketing SaaS Scaling Small Business 57

Chief Executive

JUNE 15, 2023

It really was an early decision to determine to put all of our time and effort into either the [sales] channel, or into scaling manufacturing, and we took the route to put all the effort into the channel,” explained Pape, whose company employs about 950 people. “We As small businesses, their growth depends on adding capable workers. “If

Sales 52

Sales Sales Marketing Small Business 52

Harvard Business Review

DECEMBER 27, 2013

For their part, small businesses are growing revenues faster than larger businesses. proprietary data shows that the smallest businesses have been growing revenues the fastest: In 2013 alone, micro business revenue on average grew by 2.14% while small business revenue grew by 1.18%.

Small Business 11

Small Business Banking Revenue Cash Flow 11

BCW Institute

MAY 2, 2022

And what I saw in the last couple years of my career was working with small-business owners in the computer-dealership network was very rewarding. We were continuing to experience growth, just leading up to COVID, and I ran into Traction and also The Rockefeller Habits , and I’m trying to remember, Scaling Up —.

Operations 52

Operations Cash Flow Nonprofit Manager 52