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Thursday, August 13, 2009

Root Step 5- Prepare fresh Business Models based on your probing and findings:

This is part of a series of posts I wrote in October 2008 concerning the arrival of the Global Recession...


Root Step 5- Prepare fresh Business Models based on your probing and findings:


With the findings of the strategic management, you can now prepare some new and fresh business models. When I say new and fresh, what I mean is that your product can still be the same, but prepare models keeping in mind the present economic scenario. They should be tailor made to survive presently, so as to ensure that you will not worry anymore about your ‘once fully bloomed business not doing good anymore’ but you may accept it as though you are a fresher starting your first business all over again.

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