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Strengthening Your 2023 Business Plan with SWOT Analysis

It’s that time of year again! As 2023 approaches, business owners across the globe are gearing up to create their annual business plans. At Spring Green, we understand the significance of this process, and that’s why our business owners attend annual business and marketing planning sessions with their own business consultants. One crucial tool that plays a pivotal role in shaping a successful business plan is the SWOT analysis. In this blog, we’ll delve into how a SWOT analysis can strengthen your business plan and help you navigate the challenges […]

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4 Questions to Ask Before Diversifying a Business

Diversification is a strong business strategy, but it is also a big business decision. Having the right approach and willingness to learn is a great first step. Investing in a business requires thorough evaluation and contemplation. Your careful research will guide you toward the right decision. As you narrow down a shortlist of contenders, you get into the deep research phase known as “discovery”. During the discovery phase, you need to dive below the surface to truly ascertain if there is a good fit between you and the business you […]

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4 Tips to Growing Your Business

When you first launch your business, your main goal is to establish your brand and start growing. Unfortunately, this doesn’t happen overnight. Growth is an ongoing process that requires hard work, patience and dedication. There’s no special step or secret way to surpass other businesses in the industry or achieve immediate success. There are, however, proven ways to reach growth milestones that can catapult a business to success. Here are small business tips for accelerating growth. 1. Hire the right people Before you can even think about your company’s growth […]

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Mid-Year Business Planning

Annual business planning normally occurs in the third and fourth quarters of the previous year. During that time, business owners and team members reflect on performance and delivery, assess goals and create supporting strategies. Often, that is where it ends. With summer upon us, kids out of school and a sense of relaxation in the air, it may feel like the exact right time to shift focus away from the rigors of business and trust that the business planning that you did months ago has you covered. However, establishing mid-year […]

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A Deep Dive Into Diversification & Why It Matters

Diversification is a buzzword that’s often thrown around as the secret sauce to success in your business. Still, truth be told, many of us may not have a deep understanding of what diversification actually entails and why it even matters. Let’s unpack what it means to diversify your business and get maximum returns on your investment in your business.

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The Importance of Re-Projecting Your Business Plan

In the green industry, spring is a vital time of the year. It’s during those few short months that you make the majority of your sales and determine how the rest of your year will go financially. Though beneficial to project your business prior to spring in order to establish goals, revenues costs, cash flow and projected profits, it’s equally as important to re-project after spring when you have actual numbers to work with. Why should I re-project? The biggest reason to re-project is to work with a more accurate […]

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