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Recognize your five critical business risks.

Berkonomics

Here are five basic kinds of internal risks that a business faces over time. Email readers, continue here…] Too often the person you call your chief financial officer is trained in accounting, which is primarily a process of looking backward over events in the past. Fourth is competitive risk. Third is finance risk.

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Reduce five risks: Increase your valuation

Berkonomics

Why five risks? In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. And fifth: Competitive risk. . Third: Management risk. . Fourth: Financial risk. .

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Can you defend your pricing niche against your competition?

Berkonomics

There can be nothing more important in your business planning that selecting the proper pricing niche, making your story clear using that niche, and the defending your position against the competition. The five major niches. Where do you this you can excel within these five positioning alternatives? They are: Price.

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Can you overcome five risks and create wealth?

Berkonomics

Especially if you are in the early stage of growing a business, these five risks can and often do derail entrepreneurs before realizing the riches of a great exit. In the creation of your enterprise, there are five principal risks you’ll need to navigate. And fifth: Competitive risk. . So, let’s examine them and mitigate them.

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Five ways to make your company stand out.

Berkonomics

The five strategies: Picking one to emphasize. There are five strategic positioning areas for you to consider. There are five niches you can chose when defining your positioning strategy: price, quality, service, innovation, and elegance. So, how do you position yourself to be a stand out? That’s our subject this week.

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Address the five risks to increase your valuation.

Berkonomics

In the creation of a new enterprise, there are five principal risks to be addressed by the entrepreneur. Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. Email readers, continue here.] Third: Management risk. And fifth: Competitive risk.

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The five kinds of risk in building your business

Berkonomics

There are five basic kinds of internal risks than a business faces over time. Email readers, continue here…] Second is product risk. Fourth is competitive risk , which consists of two separate risks. Making such predictions is a skill that can be developed, and here’s one method of doing so.