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Economic Growth Archive

Five Steps to a Strategic Plan – Forbes

It’s hard to accomplish anything without a plan. Whether you’re coaching a football team, cooking Thanksgiving dinner, or running a small business, you need a strategic plan. A strategic plan looks at all the things your small business could do and narrows it down to the things it is actually good at doing. A strategic

Wookienomics | The Economist

THE latest chapter in the “Star Wars” saga, “The Force Awakens”, was due to open in cinemas worldwide on December 16th, after The Economist went to press. Most fans will queue up to watch nail-biting lightsaber duels and catch up on the lives of beloved characters. Economists, who can render the most exciting of material

6 Prerequisites for Turning Your Passion Into Profits

I meet many entrepreneurs with a real passion for their new idea, but unfortunately they don’t all realize that passion is necessary but not sufficient fuel to turn their idea into a successful business. The result is that far too few really great innovations ever get implemented — or last more than a moment in the

4 Ways Your Company Benefits From Giving Back

Modern society gives some great rewards to entrepreneurs who find what people need and want, and provide it. This exchange is huge part to the free market philosophy that has led to much prosperity (although unfortunately not for everyone). Successful business people are well rewarded for their ability to provide what society wants. Sometimes these