Business Management Related Articles

Business Management

What Are the Key Components of a Strategic Plan?

Eric Vo
As a small business owner, you're tasked with making big decisions. How do you know if it's the right time to make an investment? Are you putting your business on the right path? Having a strategic plan can help. The key elements of such a... Continue

What Is the Strategic Planning Process?

Eric Vo
An effective strategic planning process involves having discussions with employees and outside vendors, as well as analyzing your small business and the industry. The outcome is a formal document—the strategic plan—that details your... Continue

Why Is Strategic Planning Necessary?

Eric Vo
Strategic planning is a process for determining and aligning a business's vision with its goals and objectives, which includes the development of a strategic plan. Through research, discussion, and goal setting, the strategic planning... Continue