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How Direct Selling Companies Can Conduct a Straightforward Financial Tune-Up

December 1, 2017 by Strategic Choice Partners Leave a Comment

Conduct a Straightforward Financial Tune-Up

Anyone who is a veteran of the direct selling industry generally loves the industry. This is one of the few business models where you can do good while you do well. For this reason, it is necessary to conduct periodic financial reviews for direct selling corporations, to safeguard a company’s position and to ensure its long-term success and viability. Dan Murphy, Co-Founder and Managing Principal of Strategic Choice Partners, discusses how direct sales companies can conduct a … [Read more...]

Filed Under: Financial Tagged With: distribution, finances, financial tune-up, freight, information technology, inventory, IT, KPI, margin, metrics, overhead, results, revenue

Understanding the Due Diligence Process When Selecting a Software Vendor

February 16, 2017 by Strategic Choice Partners Leave a Comment

What Software Vendor Should I Use?

This article is part of an ongoing series by Doug Finnie, titled “In Search of the Perfect E-Commerce Solution." View the rest of the series HERE.  E-commerce software comes in many shapes, sizes and costs. The type of solution you pursue will depend on your internal resources. If you have little to no internal IT staff, then you want to seek out highly configurable solutions that non-IT personnel can manage. If you do have internal technical staff, then you can also include extensible or … [Read more...]

Filed Under: Technology Tagged With: digital, direct selling, Doing Your Homework Series, doug finnie, In Search of the Perfect E-Commerce Solution, IT, legal, references, research, software, stability, system, vendors

Understanding Why Requirements Are So Important

November 15, 2016 by Strategic Choice Partners Leave a Comment

Why Do I Need Requirements?

This article is part of an ongoing series by Doug Finnie, titled “In Search of the Perfect E-Commerce Solution Series." View the rest of the series HERE. As previously defined, determining the right software and vendor requires you to determine what your business needs are versus your wants. Think of it as if your car breaks down and you need ‘a car’ so you shop for a car and your first test drive is a new car with electric windows, seats, seat warmers, sunroof, 6 CD player with high-end … [Read more...]

Filed Under: Technology Tagged With: Doing Your Homework Series, doug finnie, In Search of the Perfect E-Commerce Solution, IT, planning, requirements, software, technology

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