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Porter’s Value Chain Analysis: What Brings Value To A Business?

Porter’s value chain analysis is a unique tool and idea that helps any business bring more value to its self. By definition, value added is just the increase in value of a product due to additional features. However, here we talk about increasing value to the business as a whole. …

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Effective Mission Statement

Many business plans include a mission statement. Most of these statements are simple company overviews with unclear generalizations about customer or market base. Instead of explaining the mission, they try to summarize the products and services. To be very effective, a mission statement needs to clarify the business intention while …

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