Reinventing Your Business Part III
This week we’re discussing how to reinvent your business by using the word Renew as an acronym. The N stands for Needs Assessment.
A friend of mine was in a rapidly declining industry. He decided to reinvent his business, but he didn’t do a needs assessment to determine all the related costs and risks to make the change.
The costs of his hasty decision eventually put him out of business.
Luke 14:28 teaches, “For which one of you, when he wants to build a tower, does not first sit down and calculate the cost to see if he has enough to complete it?”
Before making major changes, you need to determine the cost and needs to bridge the gap between where you are and where you want to be.
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