Do you know where you stand among your competitors? What’s your plan for gaining an edge? With Owner Actions, you can form the strategies you need to compete in your market. Sign up today for a step-by-step guide, articles, and resources that will help you improve your positioning.
Your business has strengths and competencies that help set it apart from its competitors. It’s vital to keep those elements front of mind so you can talk about them with customers and prospects in conversations and marketing materials.
It’s just as important to know your business’s limitations. Awareness of these elements can help you stay focused on opportunities to improve and hedge your risks.
How do you conduct a strengths assessment? Read our guide to master this task.
Self-assessment is crucial, but you should also know how your business stands in relation to its competition. Are you the volume leader? The low-price operation? The entity with the best reviews? The provider with the widest selection?
Finding your corner of the market—and knowing how your competitors are positioning their business in relation to yours—is often the key to competitive success. Learn more in our guide to competitive assessment.
You may find it difficult to build an advantage, especially if you’re a player in a saturated market that makes differentiation nearly impossible. One step you could take is to acquire a successful, established business that can help you expand your capacity, offer more products and services, realize (and pass along) cost savings, and create new forms of value for your customers. Acquisition can be costly, but business-friendly financing options, such as SBA loans, asset-backed loans, and seller financing, can make this option attainable.
How can I help my business stand out? New and seasoned business owners alike struggle with this question. To find …
Want to expand your business (or overcome stalls in growth)? You might look to new markets to extend your reach …
As a business owner, you know the importance of growth. You may already be growing organically through increased awareness, by …
Competitive analysis can help you identify your competitors, find out what and how they’re selling to their customer base, and …
No matter where you are in your ownership journey, you must know how to create a business strategy—and actually put …
Online presence drives sales for nearly every business, but having a site, a social media page, and Yelp reviews isn’t …
Has your company developed a product or process that’s innovative, patentable, and useful to other businesses? Think about licensing it—especially …
Do you collect data from your customers to drive sales? If you aren’t doing it today, consider starting. This move …
Historically, minority business owners have been up against more challenges than others in building a successful, thriving business. Fortunately, the …
Owner Actions, Inc. helps people buy, scale, and sell their businesses by offering pro help, tools, and step-by-step resources.
https://www.tiktok.com/@owneractions
Privacy Policy | Cookies acceptance/policy | Spam Policy
© 2023. All Rights Reserved
Owner Actions, Inc. helps people buy, scale, and sell their businesses by offering pro help, tools, and step-by-step resources.
https://www.tiktok.com/@owneractions
Privacy Policy | Cookies acceptance/policy | Spam Policy
© 2023. All Rights Reserved
Looking for a pro who can help you start, grow, or exit your business? Start here.
© Owner Actions, Inc. 2022. All rights reserved.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |