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Business Operations

136 results found

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Defining the Operational Goal
FastTrac
3/20/2007
Article Resource
Summary:

Whether you are looking at improving how you currently run your business or planning significant expansion, the operations of your business are critical to your success.

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Measuring Financial Performance
FastTrac
3/12/2007
Article Resource
Summary:

As the first indicator of profitability, a firm's gross margin will establish the goals that will drive the action plans of almost every department. The second indicator, Operating Expenses, should be assessed just as carefully.

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Measuring Performance
FastTrac
3/9/2007
Article Resource
Summary:

Performance standards will be of little value if the entrepreneur never measures actual performance against the standards. Ongoing measurement assures that a business stays on track.

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Processes, Procedures, and Policies
FastTrac
4/13/2007
Article Resource
Summary:

Discover the importance of planning and documenting processes--what we do, procedures--how we do it, and policies--why or when we do it.

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Under the Lid of BioFuelBox
Fonstad Jennifer Scott
4/29/2009
Audio Resource
Summary:

Clean tech is the topic discussed between Steve Perricone, CEO of waste management and energy company BioFuelBox, and one of his investors, DFJ veteran VC Jennifer Scott Fonstad. In addition to discussing the company's technology, structure, and applications, they also expound on current stimulus dollars for alternative energy systems.

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A Cautionary Tale About Partnership
Fox Richard
7/22/2010
Article Resource
Summary:

This entrepreneur thought he had built in adequate legal protections to ensure his partner in a new venture would not get full control of the business. When the partner was ready to sell the company, however, the entrepreneur discovered he didn't have the leverage he needed to stop the company's sale.

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Get Everything in Writing
Frank Carol E
6/1/2000
Article Resource
Summary:

Passionate about her business and experienced in number-crunching, entrepreneur Carol Frank nonetheless neglected to patent her product and to insist on a signed contract from her supplier. Next thing she knew, a competitor was copying her design. In the litigation that followed, the U.S. Customs and Frank's insurance company turned out to be surprisingly helpful.

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Live Life in Permanent Beta
Hoffman Reid
2/22/2012
Audio Resource
Summary:

Serial entrepreneur and investor Reid Hoffman encourages individuals to become the entrepreneurs of their own lives. Hoffman shares the importance of taking intelligent risks, building thoughtful networks and continually adapting your skills to navigate a fulfilling career path.

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Lessons from Failure :: Renting High-end Jewelry
Kander Diana
11/15/2012
Article Resource
Summary:

At age 25, Laura Sanko was a founding member of a startup that raised $3.5 Million from some world-famous investors and the Founder’s Fund.  The business model was simple: a website that rented high-end jewelry for special occasions for a fraction of the retail value of each piece.  Three years later, the investment money was all gone and while the site continued to operate, it had failed to meet the investors’ expectations.

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Lessons From Failure: Borrowing Tools From Your Neighbors
Diana Kander
8/12/2013
Blog Resource
Summary:

Adam Berk had a vision of creating an online library where neighbors could borrow tools and electronics from one another. Why buy a fancy camera you only needed to use once for a big trip? Why invest the money in physical tools for a home remodeling project if you are never going to need them again? Adam and his best friend Dave spent 5 years creating this utopian community, neighborrow, powered by a new form of currency. Their business model was to eventually white label the product and sell it to large apartment buildings and others who wanted to facilitate a borrowing community. But they never achieved their vision. 

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