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Dacey Rankins

added blog Business
2025-02-06 15:16:25 -

Do I Need a Business Plan?
When starting a business, one of the first questions you may ask is whether you need a business plan. The short answer is yes. A well-crafted business plan is an essential tool that helps you clarify your business model, set goals, understand your target market, and project your finances. Whether you're just getting started or looking to scale, a business plan serves as a roadmap for your...

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Dacey Rankins

added blog Business
2025-08-22 18:36:02 -

How Do You Define Your Core Focus and Product Vision? (10-Year, 3-Year, 1-Year Plans)
Every successful product begins with a clear vision. Without one, even the most talented teams can drift off course, building features that don’t align with customer needs or business goals. Vision is the north star that guides a product team through uncertainty, competition, and market shifts. But defining that vision is easier said than done. How do leaders create a product vision that...

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Dacey Rankins

added blog Business
2025-09-04 13:27:09 -

What Does a Growth Plan Look Like?
A growth plan is the roadmap that outlines how a business intends to expand, capture new markets, and increase revenue over a defined period. While a growth strategy focuses on the “what” and “why” of growth, a growth plan dives into the “how,” specifying actionable steps, resources, and timelines. Without a clear growth plan, even businesses with the best...

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Dacey Rankins

added blog Business
2024-12-17 14:46:53 -

What is a Business Plan?
A business plan is a comprehensive document that outlines the vision, mission, goals, and strategies of a business. It serves as a blueprint for the company's operations, guiding decision-making, securing funding, and helping entrepreneurs and stakeholders navigate the journey of building and growing a business. Whether you're starting a new venture, looking to attract investors, or aiming to...

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Dacey Rankins

added blog Business
2024-12-19 15:09:19 -

What is a Lean Business Plan?
In the world of business planning, traditional, lengthy documents are being replaced by more streamlined and practical approaches. One such approach is the lean business plan, a simplified, concise version of the standard business plan. This model is particularly gaining traction among small businesses and startups due to its focus on the essential components that matter most in the early...

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Dacey Rankins

added blog Business
2025-08-20 15:37:11 -

What Is Product Planning?
Product planning is one of the most essential activities in business strategy and product management. It provides the structure for how an idea becomes a tangible product, how it evolves to meet customer needs, and how it contributes to the broader goals of the organization. While often underestimated, product planning is the difference between reactive development and purposeful innovation....

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Dacey Rankins

added blog Business
2025-08-22 18:34:52 -

What is the Product Strategist’s Role?
In today’s rapidly evolving business landscape, the success of any company increasingly depends on its ability to develop, refine, and deliver products that not only meet customer needs but also align with long-term business objectives. While product managers often take the spotlight in discussions about product development, another equally important role is that of the product...

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