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The Biggest Threats of business

(@Anonymous)
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Default Biggest Threats For Business
Small Business Threat # 1: Financial Forecasts, World Events. Listening to financial forecasts and other voices of doom is a serious threat to your equilibrium and momentum. With bad news it's too easy to make excuses. And, when boom times come, it's far too easy to let up and lose focus.

The recent recession, if it ever happened, did not affect everyone equally. (The definition of a recession is two quarters of 'negative growth'. You never know until much later if it really was a recession.) Some people took it very seriously. Others did not.

Small Business Threat# 2: A reactive mindset. If you take a 'wait and see' attitude, you'll find yourself in trouble so fast it will make your head spin. One of the first things I look at when assessing a company is their "reactive/proactive pulse". No amount of excellent marketing information or strategy can turn around a company if the key players do not have their heads screwed on straight.

Small Business Threat # 3: Competitors with superior positioning. This is perhaps the most serious threat of all. If someone in your market has preemptively positioned their company, you are forced into a defensive position. If you think that's okay, just imagine that you are Heinz Ketchup's biggest (yet relatively unknown) competitor and repeat the following statement five times: "It's also not Hunts!"
Small Business Threat # 4: Lack of systems. The only way to take a small company and
turn it into a big company is to create systems for everything you do. If you have ever considered a franchise (and the franchisee survival rate is a multiple of thesmall business survival rate), you probably noticed that they were selling you a SYSTEM-a consistent way of doing things.

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Topic starter Posted : 14/08/2010 6:31 am
(@Anonymous)
New Member

Re: The Biggest Threats of business

Hi

1.) Market, Product/Service or customer threats

2.) Industry, Competition, Supply Chain threats

3.) Resources (human, captital, equip, etc.), Operations, Distribution threats?

4.) Admin, Management, all other threats?

Thanks

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Posted : 14/08/2010 11:28 am
(@Anonymous)
New Member

Re: The Biggest Threats of business

Hi

BUSINESSES have long regarded staff as the greatest threat to their security but in the past ten years cyber crime has evolved dramatically, and so has the average business.

Thanks

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Posted : 20/08/2010 4:30 pm
(@Anonymous)
New Member

Re: The Biggest Threats of business

Hi

Everything is in flux and very little of it appears to be friendly to small businesses…higher taxes and/or ‘fees’ in unknown amounts are coming, putting plans for expansion, innovation or growth in a limbo situation. The best we can do at this point is plan as we have in the past, knowing that we may have to change those plans soon and quickly to incorporate government mandates that will surely affect our bottom lines.

Thanks

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Posted : 20/08/2010 4:39 pm
(@Anonymous)
New Member

Re: The Biggest Threats of business

Politicians. They don't need businesses to steal from you, but businesses do need politicians.

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Posted : 25/08/2010 9:55 am
(@Anonymous)
New Member

Re: The Biggest Threats of business

Competitors with superior positioning. This is perhaps the most serious threat of all. If someone in your market has preemptively positioned their company, you are forced into a defensive position. If you think that's okay, just imagine that you are Heinz Ketchup's biggest (yet relatively unknown) competitor and repeat the following statement five times: "It's also not Hunts!" The only way to take a small company and turn it into a big company is to create systems for everything you do. If you have ever considered a franchise (and the franchisee survival rate is a multiple of thesmall business survival rate), you probably noticed that they were selling you a SYSTEM-a consistent way of doing things.

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Posted : 07/09/2010 3:23 am
(@Anonymous)
New Member

Re: The Biggest Threats of business

Hi

Thanks for sharing this nice information. I appreciate your post. Please keep sharing more and more information . You really doing great job...

Thanks

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Posted : 09/09/2010 12:29 pm
(@Anonymous)
New Member

Re: The Biggest Threats of business

The only way to take a small company and
turn it into a big company is to create systems for everything you do. If you have ever considered a franchise (and the franchisee survival rate is a multiple of thesmall business survival rate), you probably noticed that they were selling you a SYSTEM-a consistent way of doing things.

ReplyQuote
Posted : 11/09/2010 4:57 am
(@Anonymous)
New Member

Re: The Biggest Threats of business

I guess the most significant risk to any business is competition. However, understanding the strengths and weaknesses of your opposition and being aware of their presence is one step towards limiting the threat they pose to your business.

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Posted : 17/12/2010 6:58 am
(@Anonymous)
New Member

Re: The Biggest Threats of business

Small Business Threat is the economic forecasts, world events. Listening to financial projections and other objects of Doom is a serious threat to its stability and speed. The bad news is all too easy to invent excuses.

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Posted : 17/12/2010 9:40 am
(@Anonymous)
New Member

Re: The Biggest Threats of business

In a lot of cases technology can be a threat to business. If a business owner is not monitoring where things are trending with technology within their market they could well be put out of business by new developments and new competitors that they didn't even know existed.

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Posted : 08/09/2011 6:48 am
(@Anonymous)
New Member

Re: The Biggest Threats of business

Hello Friends,

There are numerous benefits to establishing a solid estate plan. First, it ensures that the estate will go to the person or people you want to have ownership. It may also minimize the tax rates that heirs will be subjected to, which can run as high as 45 percent. Through the use of wills and trusts, you can also dictate when and how the inheritance is bequeathed. This minimizes the possibility that beneficiaries may squander their inheritance. In essence, estate planning is something that you do for somebody else. It’s a present that’s difficult to wrap, but is well worth the effort.

Thanks

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Posted : 08/11/2011 10:01 am
(@Anonymous)
New Member

Re: The Biggest Threats of business

According to some survey, the top threats for businesses are:
economic weakness
low consumer confidence
vendor capacity and reliability
forecast accuracy
inventory levels
new products, markets and channels.

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Posted : 14/11/2011 11:43 am
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