Category Archives: Strategy

Market Research Resources for Small and Medium Business Owners

Online Market Research Resources

Apart from research resources at the local public library, small and medium business owners should really leverage the greatest resource at their fingertips – the world wide web. There are several online research tools that provide a snapshot of your businesses versus the current market situation. I use the following tools on a consistent basis: 1. For businesses in the USA, the most basic resource for business analysis and research is “Sizeup”: https://www.sba.gov/tools/sizeup Once you enter your business category and area code, it provides a list…

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Vanguard – Brands we love!

A recent article pointed out that when it comes to mutual funds, big banks have been under performing quite a bit over the short term (1 year) as well as long term (10 years). There is a wide body of research showing how hard it is for actively managed mutual funds — like the ones run by the banks — to outperform low-cost funds like the ones that invest in a benchmarked index of stocks and bonds. Vanguard has been performing the best both in…

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Strategy – Is it overrated?

Some say strategy is good, some say strategy is highly overrated, some have built their careers on strategy and some, especially in corporate circles, believe strategy is something higher executives deal with and they are miles away from it, working on the day to day issues of their business. As for me, I love strategy. That is because there are so many benefits to it. My favorite quote on strategy is: Strategy involves trade-offs. The essence of strategy is choosing what not to do. –…

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Oh My! – Mistakes

Well, we all make mistakes.  The best mistakes are when we learn from them. This blog post though is not about my mistakes! (That’s a post for some other day!) I am talking about companies that make mistakes and then some even do learn from them. The example that comes to mind is of McDonald’s. McDonald’s has been in the news lately for under performance and a host of other issues, including leadership issues. The biggest mistake, in my opinion, the company is making is…

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