ITB Partners: Management Consultants

New Search Assignment for Director of Marketing Jim Weber announces that New Century Dynamics Executive Search has landed another exclusive search. This client is a Southeastern-based Restaurant Franchising Company seeking a Director of Marketing. If you are interested in this situation or know someone who may be, please contact Jim Weber at 770-354-2817.

I am in the process of launching a new and improved model for ITB Partners. Call me at (770)-354-2817 or email [email protected] for more information. Best. Jim Weber

Create Your Market Development Strategy When you've chosen to develop a new market, planning for the successful penetration of that market begins. The primary reason for your planning should be to go where your customers are, and the competition isn't.?Further analysis must be completed to understand and prioritize the trade areas for development.?The starting point is to identify the relevant trade areas in the market and secure demographic data on its residents.?Understanding the trade area population by daypart is very helpful.?This data will help you prioritize the trade areas for development.?I learned the fine points about developing a market while managing the Atlanta market. https://wp.me/pa0WEz-3cK

How to Craft a Development Strategy I have seen many companies stumble and fall because they did not have a viable development strategy or failed to follow the plan they crafted. The fundamental problem was a failure to appreciate the value of market penetration, the key to success for retail brands.?Fully penetrating the market maximizes cash flow, as all your resources are optimized.?I will address this issue later. https://wp.me/pa0WEz-3b8

If you are a small business owner with aspirations of building a bigger business, you must clearly understand the business profile.?Mitigating risks includes a combination of systems, processes, and procedures.?However, without oversight, systems, processes, and procedures are useless.?As an owner-operator, you must make time to review critical aspects of the business.? https://wp.me/pa0WEz-38h

New Century Dynamics ( www.NewCenturyDynamics.com) and USFSBA ( www.usfsba.org) have entered into a strategic alliance. New Century Dynamics founder and president Jim Weber will join our Advisory Committee. New Century Dynamics services (executive search,?recruitment, etc.)?is ready to offer their services at a?“membership association savings.” We are finishing all the details. https://wp.me/pa0WEz-37U

Our latest article concerns the importance of customer insights to ensure the success of your business and its ability to scale. https://wp.me/pa0WEz-35R

You have finished planning your project, and financing is in place.?You have completed some of the preliminary work, and you are now ready to begin the actual work of framing your new living space.?Regarding your stud walls, I refer you to YouTube, which has many demonstration videos for your review.?There is no need to cover that material in this post. https://wp.me/pa0WEz-31s

So, You Want to Go Big Time!?Know Thyself! Entrepreneurs should hire executives with experience scaling a business.?Hire experienced executives and respect their counsel.?Scaling a business requires careful planning.?Analysis drives planning.?Create and closely monitor Key Performance Indicators (KPIs) and adjust your activities accordingly.?Establish a process for Quarterly and Year-end Reviews to assess and revise the effectiveness of your Strategy and Objectives.?Perform Employee Performance Evaluations to ensure accountability for key staff members.?Establish Next Year's Budget.?Rinse and repeat. https://wp.me/pa0WEz-30n

Your Basement Electrical Plan When we built our Atlanta-area home 28 years ago, we made a point to build in as many electrical upgrades as possible.?We wired for telephone service with outlets in every room.?Additionally, we wired cable service for twelve rooms, which included all bedrooms, two Family Rooms, the Master Bath, the Kitchen, the Bonus Room, and the Basement.?In retrospect, I wish we had wired the house with Ethernet cables for enhanced PC connectivity. https://wp.me/pa0WEz-2Zz