SERVICES

Marketing Management
Marketing management involves examining the market and specific consumer groups and developing initiatives to demonstrate how your company meets their needs. A main component of it is research, which can involve clearly defining your target market and asking them how you can serve them better. Marketing management can also be used to highlight the competition and design ways to take advantage of opportunities in the marketplace. Finally, it can be used to identify potential new markets and determine how to sell to new customer segments.
Strategic management involves examining your company and developing potential strategies to continue or expand operations. It can involve outlining goals for your business and creating achievable standards by which success can be measured. One of the most important tools for strategic management is the development of a business plan, which is a blueprint of your organization and how you expect to meet your customer’s needs and perform financially. Strategic management can be internally focused by examining your companies operations and externally focused by examining how your company competes in the market.

Financial management involves determining the most appropriate sources and uses of funds and forecasting the future position of the business. It can include developing strategies to generate financing or funding, and designing accounting tools to measure success. One of the most important tools for financial management is cash flow analysis, which is a means of determining when cash is in surplus and deficit and allows you the ability to manage the situation.

SBCS is associated with the local information technology company TBayIT and together we utilize our combined skills in marketing and technology to meet the growing need for IT solutions. We can assist with initial website design or update, general marketing feedback, and such solutions as E-Commerce, conversion of print material to electronic, and E-Marketing.

Thunder Bay Chamber of Commerce
Thunder Bay Ventures
CMA Ontario
E-Mail : sbcs@lakeheadu.ca