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Three Keys
Continued from page 98 changes. You need to continually refine your strategy to stay aligned with current conditions and future possibilities.
3. Build a Management Action Plan
A strategy becomes meaningful only when it turns into action. Your next step is developing a detailed plan that includes every functional area of your business, one that uses your SWOT insights to create practical steps you can implement and monitor.
Every plan should have important components such as:
• Market Analysis
• Marketing and Sales Strategies
• Operations Plan
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• Management
• Financial Forecasts and Projections
• Finance and Funding
• Measurement and Monitoring
Next, bring in the financial professionals. Accountants and finance specialists can help. If funding is necessary— whether for expansion, new equipment, hiring or restructuring— you’ ll need to determine the best path forward. Will it come from a traditional bank? Private investors? A line of credit? Strategic partners? The right financing helps turn your plans into reality.
Choosing the Right Partners
Perhaps the most important key to building a successful strategy is choosing the right partners. Partnering with experienced advisors who provide both long-term strategic guidance and
financial expertise can strengthen your planning and help you avoid costly missteps.
The team at Washington Trust Wealth Management approaches businesses with a broader and more integrated perspective than traditional advisors, including customized financial planning, tax planning, broad investment management capabilities, full trust services and access to specialized banking and lending solutions. We help you stay focused on your goals while preparing for what’ s ahead and supporting you in building a thriving business positioned for long-term resilience.
washtrustwealth. com | 800-582-1076
Washington Trust Wealth Management ® is a registered trademark of The Washington Trust Company, which has licensed its use to its parent, affiliates, and subsidiaries, including Washington Trust Advisors, Inc. Investment products are offered through Washington Trust Wealth Management. Non-deposit investment products are: not deposits; not FDIC insured; not insured by any federal government agency; not guaranteed by the Bank; may go down in value.
HOME & COMMERCIAL SECURITY INC.
Protecting Rhode Island & Southeastern New England Since 1973
Home & Commercial Security Inc. is a third-generation, family-owned company proudly safeguarding Rhode Island, Massachusetts, and Southeastern New England for over fifty years. We specialize in fire safety systems, security monitoring and professional installations with a commitment to personalized service.
HOW WE STARTED
Founded in 1973 by Henry C. Sidok Sr., H & C Security grew from one truck to a multigenerational business, now led by third-generation owner Jason Sidok.
WHAT MAKES US UNIQUE
We combine cutting-edge technology with old-fashioned customer service. Every customer receives personal, first-hand attention from our knowledgeable team.
WHAT’ S NEXT
As technology evolves, we continue to innovate and adapt. Our growing business allows us to better serve homeowners and businesses, offering reliable security solutions while staying committed to the family values that have defined H & C Security.
COMMUNITY
Giving back is part of our DNA. We proudly support local nonprofits across Rhode Island and Southeastern Massachusetts. Founded on community service by Henry Sidok Sr., our owner and team continue that tradition through active volunteer involvement.
PRODUCTS / SERVICES
Fire Alarm System Design, Installation and Inspections
24 / 7 Security and Fire Monitoring
Video Surveillance and Access Control Solutions
Security System Design and Installation
44 Blanding Rd. Rehoboth, MA 02769 800-337-9469 hcsecurity. com
RHODE ISLAND MONTHLY l MARCH 2026 101