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Business, Executive Coaching, Leadership, Strategic Planning

What is Contingency Planning?

  • On November 16, 2023
In recent years, professionals across all industries have learned the importance of preparing for the unexpected. How can you plan for something that may or may not happen? That’s where contingency planning comes in. Floro Business Strategies explains this process and its purpose: What is Contingency Planning? A contingency plan is a prepared course of […]
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Business, Development, Strategic Planning

Creating a 2024 Business Plan

  • On October 26, 2023
Q4 is in full swing, which means it’s time to begin planning for the new year. A strategic business plan lays the foundation for a successful new year. Floro Business Strategies shares a few tips for creating a 2024 business plan: Reflect on your vision to set short and long-term goals As you prepare for […]
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Business, Strategic Planning

Developing an Effective Growth Strategy

  • On September 27, 2023
With market fluctuations, there are natural ebbs and flows in productivity and revenue growth. By developing an effective growth strategy, you can sustain operations and exceed performance expectations — even during economic decline. Floro Business Strategies shares a few tips for developing an effective growth strategy: Create long-term goals To achieve business growth, you must […]
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Business, Coaching, Development, Executive Coaching, Leadership, Strategic Planning

4 Reasons to Hire a Business Consultant

  • On August 31, 2023
Your business doesn’t have to be suffering for you to benefit from the insights of a business consultant. Whether business is growing, declining, or plateauing, business consultants can provide the outside perspectives your teams need to initiate change and work toward organizational success. Here are a few reasons to hire a business consultant:  Provides additional […]
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Business, Coaching, Strategic Planning

Strategic Planning: Creating S.M.A.R.T. Goals

  • On July 6, 2023
Setting short-term and long-term business goals is a key component of strategic planning. For long-term success, your goals should be “S.M.A.R.T.”: specific, measurable, achievable, relevant, and time-bound. Floro Business Strategies breaks down these elements and how they relate to strategic planning: Specific When planning for the future, your goals should be specific. You will not […]
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Business, Coaching, Executive Coaching, Leadership, Managing, Strategic Planning

3 Tips for Weathering Inflation in 2023

  • On May 18, 2023
Business owners and consumers alike are feeling the effects of inflation in 2023. With prices on the rise, some struggle to remain afloat. Here are 3 tips for weathering inflation as a business owner: Track your spending Most businesses have their own processes for tracking spending, but this is especially important during an inflationary period. […]
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Business, Coaching, Development, Executive Coaching, Leadership, Strategic Planning

Succession Planning: Qualities of a Strong Successor

  • On March 2, 2023
Succession planning is an important part of transitioning existing leaders and preparing the next generation of leaders. Secure the future of your company by identifying strong successors. Here are a few qualities of a strong successor: Future-oriented With the future of the company in their hands, leaders must have vision — they must have an […]
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Business, Coaching, Development, Executive Coaching, Leadership, Managing, Strategic Planning

Business Initiatives to Prioritize in 2023

  • On February 8, 2023
To see business growth in 2023, you must focus on improving strategy, company culture, and employee engagement. Floro Business Strategies has compiled a list of business initiatives for each of these categories: Strategy Strategic initiatives relate to how an organization aims to accomplish their short-term and long-term goals. Executives are constantly searching for ways to […]
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Business, Coaching, Development, Entrepreneurship, Leadership, Managing, Strategic Planning

3 Strategies For Strong Entrepreneurs

  • On October 18, 2022
Entrepreneurship is difficult to succeed in, especially when an individual does not know where to start. The following article includes three crucial strategies for strong entrepreneurs. Research the CompetitionWhen starting your own business, it is crucial that you know who your competitors are. Additionally, it is important to note what makes other companies stand out […]
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