8 Tips for Building a Bankable Business
- April 2, 2018
- Posted by: TESTEST
- Categories: Business plans, Business plans, Business plans, Competitive research, Economics, Finance & accounting, Finance & accounting, Finance & accounting, Franchising, Funding trends, Funding trends, Funding trends, Innovation, International, Uncategorized
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- Growth through innovation/creativity:
Rather than be constrained by ideas for new products, services and new markets coming from just a few people, a Thinking Corporation can tap into the employees.
- Increased profits:
The corporation will experience an increase in profits due to savings in operating costs as well as sales from new products, services and ventures.
- Higher business values:
The link between profits and business value means that the moment a corporation creates a new sustainable level of profit, the business value is adjusted accordingly.
- Lower staff turnover:
This, combined with the culture that must exist for innovation and creativity to flourish, means that new employees will be attracted to the organization.