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PKF Texas: The Entrepreneur’s Playbook® - Back to Basics

Greg Price

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What is your company’s sustainable competitive advantage? What are your core market segments? Do you know the answers to these questions? Greg Price suggests that a Back to Basics analysis can bring new focus to your company.

Full Interview text

Greg: This is Greg Price with PKF Texas' Entrepreneur's Playbook Now is the time to get your company back to basics. What is your company's sustainable competitive advantage? What are your core market segments? How can you make sure you are capitalizing on marketplace opportunities? By conducting a thorough analysis of your operations, you can identify any changes needed to continue a growth track for your company.

The analysis process can include but is not limited to the following:

  1. Identify your company's key performance indicators
  2. Create a one page plan to address any necessary improvements based on your KPIs
  3. Meet regularly with your accountant and other service providers to keep you on top of any potential issues that may arise with new federal and state regulations

This analysis will help you focus on what is important in your business and can help you keep your company nimble in a time when you don't know what next week will bring. To read and comment on the PKF Texas' Entrepreneur's Playbook, visit my blog, fromgregshead.com. PKF Texas – The Fit That's Right!

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