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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Diversify Revenue Streams One fundamental strategy for business resilience is to diversify revenue streams. Although it is fairly common for a successful business to generate 80% of its profits from 20% of its products, relying heavily on a small number of products, services, or markets exposes a business to significant risk.

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Strategy-First Innovation: Making Changes that Last

Tom Spencer

The root problem is the disconnect between strategy and innovation. Priorities might include developing new products, expanding into new markets, enhancing the customer experience, increasing operational efficiency, or embracing sustainability. Making this linkage work requires rethinking innovation across at least six areas.

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How to Start a Pet Products Business

Business Consulting Agency

Starting a pet products business can be an exciting and rewarding venture, given the increasing number of pet owners and the growing market for pet care products. However, like any new business, launching a pet products company comes with its own set of challenges.

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Use ChatGPT to Boost Your Productivity as a Consultant

Successful Independent Consulting

For us, ChatGPT isn't just another tech gimmick; it's a virtual assistant that can elevate our creativity, enhance productivity, and revolutionize our communications. Use prompts like "Generate ideas for improving client engagement" or "Brainstorm innovative strategies for project XYZ."

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5 reasons to choose strategy consulting over financial advisory consulting

Management Consulted

Strategy consulting vs. financial advisory consulting – both are consulting. First, a 101 on strategy consulting for you newbies to the site – having an insider view into the strategy and operations of a company requires that you quickly become an expert on day-to-day activities in light of the overall company vision.

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Comprehensive Guide to Selling Your Products Online

Business Consulting Agency

The digital marketplace offers an abundance of opportunities for businesses to sell products online, catering to a global audience. This article aims to provide a detailed roadmap for initiating online product sales while highlighting the invaluable support and benefits that come from working with professional consulting services.

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Creating a Product Line for Doctors

Business Consulting Agency

Establishing a product line tailored for medical professionals presents an exceptional opportunity for supplemental revenue, scalability, and an array of other advantages. Creating a product line for doctors with expert assistance for better results.