by Jerry Vance | Jan 18, 2016 | General Business, Uncategorized
Michael Porter, a well-known strategy professor at Harvard identified five forces that shape the profit-making potential of the average firm in the industry. The five forces are: rivalry, buyer power, supplier power, threat of new entrants, and the threat of... by Jerry Vance | Jan 5, 2016 | General Business, Uncategorized
In 2010, financial journalist Michael Lewis published a book telling the story of investors who made money in the 2007-2010 crash by betting against the mortgages we now know were doomed. He called it The Big Short: Inside the Doomsday Machine. On 11 December 2015,... by Jerry Vance | Dec 21, 2015 | General Business, Uncategorized
Consultants are third-party resources companies can use to fix problems within their organizations in all kinds of areas. Some specialize in advising on general strategy problems, while others focus on technology, marketing, finance, operations, or human resources.... by Jerry Vance | Dec 21, 2015 | General Business, Uncategorized
In the business that so many of us are caught up in on a day to day basis, it’s difficult to regularly take a step back and remind ourselves what matters most and why we do everything that we do. Clayton Christensen insightfully discusses this need in his book How... by Jerry Vance | Dec 10, 2015 | General Business, Uncategorized
Choosing a retirement plan for your small business can be intimidating, requiring you to choose an IRS structure, an administrating recordkeeper, and investment options. Step 1 Choosing an IRS structure is the first step, and you likely already have one selected. If...
