Running a Proactive Business – Tip #4
Tip #4: Identify Threats.
Threats come in different shapes, colors and sizes. Make an assessment of possible threats on a monthly basis. Being aware of competition, economic changes and new laws that affect your business helps you work around or plan alternative business strategies before the threats become fully realized.
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A Proactive company is one that places greater emphasis on forward-thinking strategic planning as opposed to reactive strategies, to manage problems or approach opportunities as they arise. Being proactive offers a business a host of advantages.
In this series of PBCi Business Bites™, we share some tips that will help your business become more Proactive.