Small business success depends not only on a great idea but also on a great strategy for making that idea profitable. What prompted you to launch your small business? If you’re like most entrepreneurs ...

In a world where companies contribute a significant amount of waste, the need for sustainable change has never been more pressing. This transformation must begin at the top, with CEOs and senior ...

Editor’s note: This is the first article in a six-part series. The second part, which covers firm strategy, is also in this issue. “Change always comes to us from the outside in, forcing us to react, ...

A business plan is a strategic blueprint that describes how the franchise unit will be operated and managed to achieve success. The plan should encapsulate the franchisor’s broader strategy while ...

The Canvas concept in business refers to a visual chart that outlines a company’s business model elements. Much like an artist’s canvas, which serves as the foundational layout for a painting, a ...

Starting a new business can be very exciting. Working for yourself and creating something new—not to mention making a lot of money—is a prospect many people toy with but may never realize. That's ...