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Are you currently writing a business plan? If YES, here’s an in-depth guide and sample template on how to write a workable mission & vision statement for a business. A vision and mission statement are some of the most important requisite for business success and sustainability, but unfortunately, most entrepreneurs and small business owners run …

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In everyday language, “constraint” might simply mean any inconvenience, limitation, setback, restriction or fluctuation in capacity. ​Sometimes it seems like constraints are lurking everywhere. ​But in Dr. George’s Theory of Constraints, the word “constraint” refers to something very specific. What is a Business Constraint? According to Dr George Friedman, a business constraint is anything that …

Read More about 5 Types of Constraint That Affects a Business Plan