A well-known model that will help an owner or manager isolate particular forces and analyze which of these in the external environment are potential threats is the Five Forces Model developed by Michael Porter.
The continued search for knowledge is an essential part of excelling in the business world as well as life. In an effort to promote learning for ourselves as well as others, we’ll be creating an education-based blog series called What is…?
Business owners are visionaries. Having a valuation in place a few years before their goal end date is something every savvy business owner should do. Part 1 of a 5 part blog series on Business Valuations and how they can help you before selling your business.