Japan is a small island in the Pacific Ocean. It neighbors China and South Korea, and has a poor relationship with both. The country is known for their intense work ethic (that doesn’t come without problems), highly educated citizens, and a compulsion to be contributing members of society. I’ve discussed the macro-environmental impact on Japan in a previous PESTLE analysis. … [Read more...] about SWOT Analysis of Japan: How Aging Population leads to Economic Debt
Known for its warm weather, sunny beaches, and rich culture, Spain is one of the world's most universally recognized Mediterranean nations. Although it may have a name for itself as a popular tourist destination, the Spanish macro environment isn't all sunshine and rainbows. In this PESTLE analysis of Spain, we'll review the Political, Economic, Sociocultural, Technological, … [Read more...] about PESTLE Analysis of Spain: Standing in Unclear Waters
Should you use business analysis in marketing? Is it valuable or just a waste of time? Marketing is an expensive but crucial aspect for any business, regardless of size or industry. If something goes wrong, you can be out thousands of dollars in as little as an hour! Business analysis helps you understand pitfalls and plot holes in your business before it’s too late. But … [Read more...] about Should You Use Business Analysis in Marketing?
PESTLE analysis can be extremely powerful when done correctly, which is a lot easier than it sounds. In this guide, we want to make it as easy as possible for you to do a PESTLE analysis. That's why we've created a simple, three-step approach that you can use to conduct powerful analyses and write meaningful reports, every single time! 1. Know the Categories The first step … [Read more...] about How to Do a PESTLE Analysis (3 Step Guide)
Do you have a business exit strategy? Was it included in your business plan? Or now you’re looking to make a graceful exit from your business and you’re not sure where to start? I’ve got you covered. In this article you’ll find out: What a business exit strategy is The common type of exit strategies A brief introduction to liquidity Which strategy is best for … [Read more...] about Why All Business Owners Should Have a Business Exit Strategy
PESTLE analysis is one of the most popular business analysis tools there is. Although it might sound too good to be true, looking at just the Political, Economic, Sociocultural, Technological, Legal, and Environmental factors at play in a chosen business environment can give you bounds of valuable insight. A big part of using PESTLE analysis effectively is understanding what … [Read more...] about What Is PESTLE Analysis Used for?
A business plan is a document all about your company. A typical plan outlines the mission statement, operations, marketing strategies, financials, and executive summary. A business plan is non-negotiable. If you have a business — even if you’re just getting started or a one-person show — you need to have a business plan. Even if it’ll never reach the eyes of another soul, the … [Read more...] about Why Look at Business Plan Samples Before Writing a Business Plan
PESTLE analysis is an extremely powerful tool in the business world. After all, it accounts for the political, economic, sociocultural, technological, legal, and environmental factors which affect or could one day affect your business — in other words, it's an amazingly comprehensive analysis tool. But like with all things, using PESTLE analysis effectively is the key to … [Read more...] about 5 Tips for Effective Use of PESTLE Analysis in the Business World
Being an entrepreneur can often be stressful, and while you have managed to bring your brand into the market, you might currently be struggling from a financial point of view, and monetary support may be required to keep your business going, or to obtain growth. Regardless of the exact purpose you currently need financing for, applying for a loan is the solution you should … [Read more...] about How to secure financing as a small business owner
Here’s the truth: Every business needs a business plan. There are no exceptions. A business plan serves as a document that outlines who the business is, why it exists, and how it expects to increase success in the short and long term. It’s also a handy directional guideline outlining your major goals, accomplishments, and details about your company — all in one easy to digest … [Read more...] about How to Make a Business Plan for Any Business