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Professionalism

Posted on November 8, 2019 at 9:50 am by Nick Petra CFP / Growth Stages, Vision Based Business Plan

At this stage, the company cannot simply add money and staff. The informal, entrepreneurial style of management needs to be changed. Now defined organizational roles and responsibilities are needed along... Read More

Expansion

Posted on November 8, 2019 at 9:50 am by Nick Petra CFP / Growth Stages, Vision Based Business Plan

The most important function of a business is to generate a profit, a business is just like a tree if it doesn’t grow it dies. As a business grows new... Read More

New Venture

Posted on November 8, 2019 at 9:49 am by Nick Petra CFP / Growth Stages, Vision Based Business Plan

In a new venture, the owner becomes a “jack of all trades” and is faced with validating the business and creating a solid foundation for future growth. This is where... Read More

Growth Stages

Posted on November 8, 2019 at 9:48 am by Nick Petra CFP / Growth Stages, Vision Based Business Plan

All businesses have to grow in order to survive. Knowing what to expect in the different stages of growth will enable you to stay ahead of the game by anticipating... Read More

Recurring Income

Posted on November 8, 2019 at 9:47 am by Nick Petra CFP / Marketing, Vision Based Business Plan

Recurring income is a subscription business model. It’s not new; actually, it has been in existence for hundreds of years. I believe that just about any type of organization can... Read More

Traction

Posted on November 8, 2019 at 9:46 am by Nick Petra CFP / Marketing, Vision Based Business Plan

“Traction is basically quantitative evidence of customer demand.” Traction is a sign that your company is taking off. I define traction as proof that your marketing efforts are paying off.... Read More

Communication with Customers

Posted on November 8, 2019 at 9:45 am by Nick Petra CFP / Marketing, Vision Based Business Plan

Current and past customers are the best prospects for more sales and referrals. The key is to not over “touch” them so that you become a nuisance. Yes, it is... Read More

Communication with prospects

Posted on November 8, 2019 at 9:44 am by Nick Petra CFP / Marketing, Vision Based Business Plan

It takes an average of 8 cold call attempts to reach a prospect. Prospecting is hard and most of us hate it. But if you give up on a prospect after too few attempts, you are... Read More

Communications systems

Posted on November 8, 2019 at 9:43 am by Nick Petra CFP / Marketing, Vision Based Business Plan

As small business owners, we often get mired down in the details of running a business on the operations side. After all, without creating, selling and delivering products or services... Read More

Development of a Pitch Deck

Posted on November 8, 2019 at 9:43 am by Nick Petra CFP / Marketing, Vision Based Business Plan

A pitch deck is a summary (and I recommend using a visual format) of your business. It provides the following information: who and why you are; the problem that exists... Read More

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Education

Professionalism

Expansion

New Venture

Growth Stages

Recurring Income

Traction

Communication with Customers

Communication with prospects

Communications systems

Development of a Pitch Deck

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