Business Opportunities

5 Steps to an Effective Sustainability Strategy – How to Achieve Profitable Sustainability in Owner-led Companies

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5 Schritte zur Nachhaltigkeitsstrategie - STMG

For the vast majority of the German Mittelstand (owner-led companies including mostly SMEs, but also large firms), sustainability is very important. According to a Commerzbank study from 2021, more than 70 percent of owner-led companies surveyed believe that sustainable action and production are necessary to ensure the future viability of their company. Almost 70 percent … Read more

10 Common Business Plan Mistakes and How to Avoid Them

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Every company needs an up-to-date business plan. Although this is most obvious for start-ups, it applies to established firms, too. A business plan keeps everyone on track in implementing the company’s strategy and reaching its business goals. There is plenty of information available via books and seminars on how to write a good business plan. … Read more