In 2004, Blockbuster Video had over 9,000 stores and employed more than 80,000 people across the world. In 2010, the company famously filed for bankruptcy, and as of 2019, only one single store remains. It’s in Bend, Oregon, if you feel like making a road trip.
Every great business plan answers four important questions: What’s the goal of your business? Why will it be successful? How will you make it successful? And how much will it cost to operate?
Without customers you can’t be credible, and without credibility you won’t get customers. So HOW are YOU supposed to establish credibility with minimal clients during the early stages of your business????
by Brandon Reiter There are three main financial reports that detail the performance of a business: the profit & loss statement (PNL), the balance sheet, and the statement of cash flows. While the PNL and the balance sheet often get the most attention, it is the statement of cash flows that is often overlooked, yet…
Scaling up is a natural stage in all successful business life cycles, but the timing and execution, can be the make or break difference in it’s longevity.