Category Archives: Advisory

What Are the Key Activities That Drive Your Business?

This month, we are covering ‘Key Activities’, the seventh of the nine building blocks in the Business Model Generation as developed by Alexander Osterwalder and Yves Pigneur.  ‘Key Activities’ refers to the most important things a company must do to makes its business model work. Key activities focus on operations.  While a CEO focuses on

What Are the Key Partnerships in Your Business?

This month, we are covering ‘Key Partnerships’, the eighth of the nine building blocks of the Business Model Generation developed by Alexander Osterwalder and Yves Pigneur.  ‘Key Partnerships’ refers to the network of suppliers and partners that make your business model work.  Companies typically create partnerships or alliances to strengthen their business model, reduce risk,

What Is the Cost Structure In Your Business?

This month we are covering ‘Cost Structure’, the last of the nine building blocks of the Business Model Generation developed by Alexander Osterwalder and Yves Pigneur.  ‘Cost Structure’ describes all the costs incurred to operate a business. Here are three things to consider: What are the most important costs inherent in your business? Which key

18 Value Drivers That Increase the Value of Your Enterprise

According to the annual Business Reference Guide written by Tom West, 70-80 percent of businesses do not sell.  One of the reasons this happens is because many business owners focus on current income generation as opposed to building the value of the enterprise.  Profit or income does not automatically translate to enterprise value. Enterprise value

What Every Business Can Learn About Hiring From the Movie ‘Draft Day’: The Three ‘C’s of Hiring

It’s September, the kids are back in school and football is in full swing.  We were getting ready for the opening weekend of football and watched the recently released movie Draft Day starring Kevin Costner and Jennifer Garner.  I enjoy watching movies and relating them to business situations. Draft Day takes place in a span