Growth Strategy

Learn how to use SWOT analysis to identify your business’s strengths, weaknesses, opportunities, and threats.

In the competitive world of startups, having a great product or service isn’t enough. To succeed in the long term, you need a sustainable competitive advantage. Consider Dollar Shave Club, which disrupted the traditional razor market. By offering affordable, subscription-based razor deliveries, they provided a convenient and cost-effective alternative to traditional retail options. This unique … Building a Sustainable Competitive Advantage for Your Startup

In today’s rapidly changing business landscape, adaptability is key to survival. Businesses must be prepared to pivot when circumstances demand it, whether due to market shifts, technological advancements, or changes in consumer behavior. For example, during the COVID-19 pandemic, many restaurants pivoted to offer takeout and delivery services to adapt to changing consumer preferences. This … Pivoting Successfully: When to Change Business Model and How?

Businesses have many moving parts, all of which must be managed well! From product development to branding and marketing, every step can be overwhelming. In that heavy affair, a long-term business strategy provides a clear vision and direction for the organization. It helps align team efforts towards common goals, ensuring that everyone is working towards … How to Develop a Long-Term Business Strategy: A Step-by-step Guide

Guidelines for determining the right timing for expansion, analyze the importance of market research, and highlight essential factors to consider in developing a tailored market entry strategy.