What do you do as a small, independent retailer when a major food chain, big-box store or national franchise becomes a direct competitor?

Robert Crain to Assume Responsibility for AGCO South America as of Jan. 1, 2015.

The concept of the lean startup, developed by entrepreneur Eric Ries, looks at how product development cycles can be shortened and businesses can run more efficiently by continuously measuring progress and feedback. This philosophy is particularly relevant when it comes to thinking about your business plan.