Market positioning is a strategic process of establishing an identity for your brand to influence consumer’s perception of your products relative to your competitors. A good positioning strategy requires consistency in branding efforts, values, the messages you put out, and…
September 9 at 6pm, come join the BDCC Idea Jam to share an idea about your business idea. Meet future partners, collaborators, mentors, and entrepreneurs. What's an Idea Jam? It's an event to encourage you, an emerging entrepreneur, to share…
In our previous blogs we covered how to identify a business idea, how to define the mission/problem your business is set to solve, and the different types of organizational structures. What comes next is to validate your business concept. This…
Sellers: What to Expect You’ve owned your business for many years and it’s provided you with a good quality of life. Perhaps you’ve raised a family, or perhaps it was a 2nd career endeavor. Regardless - you’ve poured your heart…
Here at BDCC, we work with many early-stage businesses, and we’re often asked questions about organizational strategies and structures. In today’s blog we will define organizational strategy and shed a light on some of the organizational structures. So, what is…
Who should be reading this? Business owners who would like a better understanding of: The mechanics (legal and financial) of transitioning a business, Timeline considerations - when to do what, What are the different models for business transition; and, What…
In our previous blog we talked about how to identify a business idea. In this week’s blog we will discuss the next step in the process, creating mission statements. What is a mission statement? A mission statement is a sentence…
Every other week for the next few months, our posts will be focused on business transitions and succession planning. Across the country in all rural regions, an aging workforce and declining population is a trend that merits much attention. Nationally,…
If you are reading this blog, you are probably thinking about starting a new business. This life changing endeavor often feels overwhelming for many reasons. We might not be sure where and how to start, it requires a huge investment…
To view the original piece please visit the Vermont Business Magazine https://vermontbiz.com/news/2021/january/12/employers-adapt-new-covid-19-landscape-support-rdcs Tue, 01/12/2021 - 10:55am -- by Fred Kenney, Executive Director, Addison County Economic Development Corp and President of the Regional Development Corporations of Vermont When COVID-19 hit, businesses and organizations…