Business Development Should Include A Independent Business Analysis Firm
“Strategic Planning” for “Business Development”
“Strategic Planning” is in an organization's "BUSINESS DEVELOPMENT" process of defining its direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. Various business analysis techniques can be used in strategic planning, including SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats )Strategic planning is the formal consideration of an organization's future course. All strategic planning deals with at least one of three key questions:1. What do we do?"2. "For whom do we do it?"3. "How do we excel?"
In business strategic planning, the third question is better phrased "How can we beat or avoid competition?"
Proper marketing plays a major role in staying ahead of the competition. Finding the best company to administer marketing and sales TRAINING is not an easy task.
In many organizations, this is viewed as a process for determining where an organization is going over the next year or more -typically 3 to 5 years, although some extend their vision to 20 years
It is true in order to determine where the company is going, the organization needs to know exactly where it stands, then determine where it wants to go and how it will get there. The results would best be found in having a full detailed Analysis completed, by an outside unbiased firm, to determine exactly where the company is today. This method would provide sound starting point for development planning.
SWOT Analysis Defined
SWOT Analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats (SWOT) involved in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective.
A SWOT analysis must first start with defining a desired end state or objective. A SWOT analysis may be incorporated into the strategic planning model. An example of a strategic planning technique that incorporates an objective-driven SWOT analysis is Strategic Creative Analysis (SCAN) Strengths: attributes of the person or company that are helpful to achieving the objective. Weaknesses: attributes of the person or company that are harmful to achieving the objective. Opportunities: external conditions that are helpful to achieving the objective. Threats: external conditions which could do damage to the business's performance.
Identification of SWOTs is essential because subsequent steps in the process of planning for achievement of the selected objective may be derived from the SWOTs.Creative Use of SWOTs: Generating Strategies
If, on the other hand, the objective seems attainable, the SWOTs are used as inputs to the creative generation of possible strategies, by asking and answering each of the following four questions, many times: How can we Use and Capitalize on each Strength? How can we Improve each Weakness? How can we Exploit and Benefit from each Opportunity? How can we Mitigate each Threat?
“Business Development”In the field of commerce, the specialist area of business development comprises a number of techniques and responsibilities which aim at gaining new customers and at penetrating existing markets. Techniques used include: assessment of marketing opportunities and target markets intelligence gathering on customers and competitors generating leads for possible sales advising on, drafting and enforcing sales policies and processes follow-up sales activity formal proposal or presentation management and writing pitch and presentation rehearsals business model design
Business Development involves evaluating a business and then realizing its full potential, using such tools as: marketing information management (sometimes conflated with knowledge management) customer service
A sound organization aiming to withstand competitors never stops business development, but engages in it as an ongoing process.
Successful business development often requires a multi-disciplinary approach beyond just "a sale to a customer". Some consultants[who?] frequently recommend a detailed strategy for growing a business in desirable ways, which may involve financial, legal and advertising skills. Business-development practitioners cannot reduce their activities to simple templates applicable to all or even most situations faced by real-world enterprises. Creativity in meeting new and unforeseen challenges may help sustainable.
A Business Owners PERFECT DREAM
We are affiliated with the World’s largest small to medium size Business Development firm, focusing on “The Business of the Business” and solving Objectives and Issues enabling companies to move forward at a more rapid pace than normally anticipated, even during economic downturns.
We are recognized as being “Results Drive” and as the industry leader in solving the following issues plaguing 90+% of all business owners today:
Critical Business Objectives: Increasing Revenues and Profitability Improved Operational Efficiency Revitalizing Organization Integrating and Optimizing E-Commerce into Marketing and Sales Increasing Market Share Increase Customer Retention Levels Increasing Competitive Differentiation Improving Asset Utilization and Asset Protection Planning Reduce Cost of Goods Sold and Waste Reduction Management Reduce Direct Labor Costs Faster Sales Cycles Lower Time to Break-Even Update Policy and Procedures and Employee Manuals to Today’s Standards Reduce Income Tax Liability Review/Revise Owners Current Estate Plan Delegating Responsibilities to Qualified Employees for: Ease of Business Operation Focus on Finding and Solving All Internal Issues Introduce Potential New Products for Diversification Ideas
We are authorized to discuss the above listed business objectives with business owners who exceed annual sales volumes of $800,000 that are looking for rapid growth inside your physical capacity. The people we represent have serviced over 200,000 companies of all types with a success rate of 92%. We are a “Result Driven” and “Performance Based” company, meaning we focus on attaining your required business results and we get paid as the work is completed to your satisfaction. There are no monthly fees or retainers….ever. Best of all….we guarantee our work…so success is imminent.
Coming on board with us cannot be done through the internet simply because there are confidential questions we must ask of the business owner only and questions the owner will need answered by us prior to us obtaining the owners authorization to proceed to our services. This is done through phone conversation and document FAX’ing.
To learn more about our Analysis service and where we can have your company in a relatively short time, please call our office Toll Free @ 1888-335-7008 or E-Mail firstname.lastname@example.org