Laddie once met with a new client at his location and asked to see his existing business plan. The man reached for a binder covered in dust that sat on top of a bookcase. It held a document 50-or-so pages long that obviously hadn't been touched for several years. Having an outdated business plan that has rarely been looked at isn't unusual. Large, overblown plans can be laborious to create, costly if you use outside help, and cumbersome to use, which is why a lot of business owners don't bother with having one. If you create a plan that's too complicated, chances are you won't follow it and may never want to change it.
LIVERMORE FALLS -- Kim Cardwell, owner of the Treasure Chest that was burned out during an intentionally set fire in February, is looking to reopen her business at a new location. Cardwell has submitted a site plan review application to the Livermore Falls Planning Board to reopen in rental space between Food City and Firehouse Video II on Main Street.
The surgical center that the Federal Trade Commission forced Carilion Clinic to sell last year wants to move into a larger location as part of a plan to bolster services and attract business. Fairlawn Surgery Center has asked the state for permission to move its outpatient operating room from its current southwest Roanoke location on Rosalind Avenue to a space at the corner of Stephenson Avenue and McClanahan Street, less than a half-mile away.
Walking around the Head Rush construction site, [Jake Wright] sounds like any other dreaming extreme sports kid. "Up here above the field we could have a stage for bands; I mean, how cool would that be?" Any sensible mom would tell her child to forget the silly dreams and become a pharmacist, if it weren't for the fact that Wright is already halfway there. Despite being a 20-something "that doesn't even own his own home," Wright managed to get investors--some local, some not--to back his plan for Head Rush based on his success at the North Syracuse location and his solid business plan. Altogether, Wright put together around $1 million for construction and startup costs with the help of the investors. "It was kind of hard to answer these guys when they want to know what, exactly, is gonn...
Stuart has just arrived as the Chief Executive( CEO) of Harraways and Sons Ltd (Harraways) a small 100 year old family business. The main activity is the processing of oats into breakfast foods, and then distributing them directly and indirectly. (The processing of oats into porridge requires with large rolling machines- hence the title of the case!) It is a challenging environment in a difficult remote location. Stuart needed to rapidly assess the business and then plan for systematic data collection and work out how to preserve and grow the business. There is incomplete data, which is typically the case in small companies. The case begins in May 2001 when the CEO (who arrived in 2000) is asked to provide a strategy paper for his Board of Directors. Part One concerns a...
By adding to ongoing data collection efforts that organize data on city services into more manageable selections, agencies can ensure that critical services are being assessed, and they can correlate the data directly with goals in the strategic plan. Most work orders, for example, specify a street location; a business and its associated revenues can be linked to a mailing address; and programs related to housing and youth services and other focused targeted programs often depend on an understanding of a demographic trend that can be connected to a specific census tract.
What's the No. 1 key to a successful business? A great business plan? No. Lots of money? No. Location, location, location? Close - but what about all those successful restaurants that are hidden away? And with the Internet, location has become less important. No, if you listen to the Augusta Metro Chamber of Commerce's three nominees for Small Business of the Year, none of them mentioned that stuff at the chamber's annual awards luncheon Monday. Rather, they said, the key is much simpler, much more obvious:
With the ranks of online social networking sites burgeoning, Charles Xie thinks it's getting too hard to pick out new friends in the crowd. His entry in the Governor's Business Plan Contest -- a location- based matching service called GeoNet -- aims to help them cut through the clutter.
This case concerns the arrival of a CEO in a small private company and his need to take stock of the company, and with the information that is available, plan a systematic collection of data, review the position and develop a strategy for the future. The case also deals with the development of a small business and in a minor way with some organizational development issues. Stuart Hammer has just arrived as the CEO of Harraways and Sons Ltd, a small 100 year old family business. The main activity is the processing of oats into breakfast foods, and then distributing them directly and indirectly. It is a challenging environment in a difficult remote location. Stuart needed to rapidly assess the business and then plan for systematic data collection and work out how to preserve and grow the ...
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