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The Merchant Cash Advance Competitive Advantage 1

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Browse through any management book these days and you'll be amazed at the number of concepts that have appeared in the last decade: SWOT analysis, business process re-engineering, CRM, Merchant Cash Advance competitive advantage, analysis tools, fix-it tools and measuring tools.

One frequently used (and overused) term is strategic planning. Look at any mid-size to large corporation, and we're sure there's at least one Vice President for Strategic Planning. If you really think about it, it would suffice to say "planning" because planning implies that there's some strategy involved. It would also suffice to say Merchant Cash Advance "strategizing" simply because it implies that planning is involved.Merchant cash advances help businesses access cash when they need it most.

What makes for good planning in the context of change?

1. Don't just brainstorm with team members. Jot down ideas that are worth reviewing. Have you ever walked into a room and noticed that meeting attendees are verbalizing, trying to outsmart one another but no one seems to be jotting anything down? When ideas are tossed about, someone should be taking notes. At the end of the day, who is going to remember those ideas to which everyone said Merchant Cash Advance, "aha!"

By putting discussions into paper, team members can decide at the next session what issues merit a repeat discussion.

2. Organize ideas by starting with the basics. Here's an example of how you can organize your Merchant Cash Advance planning:

Question: What specific change do we want to implement in the customer service department?
Answer: Include another shift to accommodate customers from Asia. This means we need people to work from the hours of 9 pm to 5 am the next day.
Question: How many more people do we need?
Answer: Let's start with four and see if we need to add to that number.
Question: What languages are we looking at?
Answer: Since China is our biggest market, we need Mandarin and Cantonese speakers. We probably also need people who are fluent in Hindi and Korean.
Question: So how soon do we need to implement this midnight shift?
Answer: In two months – to align it with our product launch in Shanghai.
Question: How much will this cost in terms of manpower and facilities?
Answer: Details will follow, but we're looking at a ballpark figure of $75,000 a year.

Posted on: August 28, 2011 12:01 AM

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