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Financially Simple Bizcast


The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Aug 16, 2018

In episode 82 of Financially Simple, Justin goes over the core strategies of Strategic Planning.

There are three considerations of strategic planning - engagement, positioning, and growth. Justin examines each of these strategic aspects and the factors of each one.

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BLOG TRANSCRIPTION:3 Questions to Ask When Developing Strategies to Meet Business Goals

 

TIME INDEX:

00:34 - Strategies within the context of Strategic Planning

02:13 - The Three Questions to ask

03:18 - How will you Engage with your customers?

04:23 - Operational Excellence

06:19 - Product Leadership

08:46 - Customer Intimacy

10:35 - What is your business’s Strategic Focus?

13:19 - How will you Position your business?

20:11 - How are you going to Grow the business?

25:34 - Conclusion

 

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Cliff Bowman

Porter Generic Strategies

 

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DISCLAIMER:

Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.