When is the right time to expand your business?
The opportunity for a business owner to expand their business is both exciting and potentially risky. When you are considering expansion, it generally means potential growth of the business which is a positive development. However, jumping into expansion without considering several key questions may place your overall business at risk. The initial question you need to answer is why am I contemplating expansion? Is it to immediately gain new business or to be in a position to acquire new opportunities in the future? The second question relates to servicing immediate new business: is the new business short or long-term? If short ...
Strategic Partners – What you need to know!
If you have the opportunity to strategically venture with others it can serve to considerably grow your business, but are you protected? Many businesses use strategic venturing as a way to expand their business prospects, create new sales distribution networks or increase capacity. While strategic venturing is usually a more cost effective approach to expansion it may, if not considered properly, affect your core business. Prepare and protect your business! Learn the five keys factors to consider before venturing or partnering. Register below for the 3 part eCourse, The Jan Consulting Group Strategic Alliance Guide and learn to: Determine that your joint venture partner has a ...
Financial Dashboard
All successful businesses require a financial dashboard, what is it and how do you create one!! Few emerging companies give the appropriate attention to building a financial dashboard. An effective financial dashboard monitors the operational and strategic growth of a company. Think of a financial dashboard like a car’s dashboard if you have a full tank of gas but are low on oil or the battery is weak you will have trouble down the road. The data outputted from the financial dashboard will provide dynamic information that both gives the status of the company today, alerts the owner of pitfalls and provides trends ...
5 Entrepreneurial Habits …
Are your business habits detrimental to your business? Entrepreneurs are an enthusiastic and courageous group. These qualities are necessary to contemplate the daunting task of starting a business; however, they have consistentaly created 5 bad habits that can adversely affect the success of their business. Are you committing one of these bad habit mistakes? Find out and break through the blocks these habits create, in the free report "5 Entrepreneurial Habits ... Learn to Avoid the Habits That May Adversely Affect Your Business" Get instant access by registering below: [contact-form-7 id="673" title="Entrepreneurial Habits"]
Family Members in the Business
Are your Family Members Invading Your Business! It is not unusual for entrepreneurs to enlist the assistance of family members upon starting a business or employing family members as the business grows. In some cases the family member has complementary skills and is a co-owner. In other cases the family members are looking to provide manpower assistance or require gainful employment. In either case it is important to structure the relationship and expectations in a manner to avoid family and business conflicts. Is your family business prepared? Get the free report, "Family members in the business, what are the pitfalls?" and learn the very ...
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For Entrepreneurs & Small Business Success
The Jan Consulting Group offers a wide range of professional services to assist the closely held, management controlled and family owned business with their growth issues.
Within this niche market, we offer services which transcend industry specialization and address the core business issues. Regardless of industry focus most emerging companies have similar organizational, ownership and strategic issues. At the same time we are sensitive to unique industry challenges that must be addressed company by company.
Our services are set forth below under functional grow categories however we understand the unique issues that are faced by companies in their specific stage of grow and tailor our consultation and implementation advisory services to maximize the value to our clients. In general, companies fall into three stages of growth.
