Every entrpreneur starts a business with the expectation of growth and success. The challenge is - how?
How do you strategically move your company from a startup to a sustainable business model? As a strategist, I help companies answer that question every day. For some companies, it is a matter of determining the right price for their product. For others, it is finding the right people. For me, and many others, it is whether or not to bring a service in-house or to outsource.
Larry Selensky planned to grow his business, but to do it he needed some financial help. Before he went in front of a group of investors, he made sure he was prepared and last fall hired a business consulting company to help him create a solid business plan.
"You only get one chance in front of a group of investors or bankers and I wanted everything to be rock solid," said Selensky, owner of Ovation Networks Inc., 425 Second St. SE in downtown Cedar Rapids.
Following your gut can get you into trouble. That’s the lesson Mark Shelton, coowner
of Strategic Print Solutions of Hiawatha, a managed print services company, learned
recently when it comes to hiring. Tired of the hire-train-turnover cycle, Shelton