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Process Strategic Planning

Having witnessed this lack of positive plans or programs created, far too often, during my over three decades of identifying, qualifying, developing, training and consulting, to over a thousand individuals in positions of leadership, as well as facilitated Board and organizational strategic planning sessions, I feel a simplified process, with checks and balances, and quality reviews, is a needed understanding. Here is a some step process to improve the results of strategic plans.

  • Historic/heritage review and consideration: This must not be done as a one-plan-fits-all, but rather must be based on the specific heritage, mission, and vision of the specific group. Begin by understanding the history, and the perceptions of existing members. Understand why the group may, or may not be, considered as relevant, as it once was. Review opportunities taken, as well as missed, and clearly see the ramifications of each action. While great organizations evolve, they know who and why they are, and tweak, as necessary, but focus on their vital vision and mission.
  • Objective analysis-strengths and weaknesses, and ramifications: Every group has both strengths,
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Business Start Up Basics

First, you need to make up a plan and then pick out a couple of things to accomplish each month. Second, you need to  define your short term goals. Yes long term goals are important too, however, remember you want to do this in a years’ time so for now let’s break your goals down into things to do each week and by the end of each month. Also, when you accomplish your goals for the month, be sure to reward yourself with something you like to do. Shopping, movies, hiking, you name it, be sure to reward yourself.  Remember, however, as we discussed when setting up our mock business, you must be sure that your goals are realistic. If you take on too many things to do each month, you will overwhelm yourself, which will eventually lead tofailure. A great analogy here is losing weight. So many people set themselves up for failure bysetting unrealistic weight goals, e.g. I want to lose 80 lbs in 4 months. Not going to happen. So be sure you don’t do the same with

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Reasons Why Business Is Not Profitable

Fear is that thing that stops us dead in our tracks from doing what needs to be done to grow and build a profitable business. In order to be profitable you have to put your big panties and drawls on and play the game the same way the big boys do, IF you want to have a sustainable business. Just scale the game to your size. Here are some other reasons why your business is not profitable.

No Budget

This by all means is my favorite way to generate profit. How does this generate profit you ask? Well simply put, it gives you a point of reference as something to work towards to achieve. It’s setting the flag in the ground for the finish line. See once you set this flag on the ground as to where you are trying to go, it forces you to look at how you are going to get there. Charting this path puts you smack in front of the costs that it will take to get you there which then helps you determine the

Hire Services of Business Consultants

The experts will have the capacity to convey better outcomes for your business when you unmistakably recognize what your objectives are and when you have absolutely characterized your ventures.

  • The specialists will help you get the data and learning that can’t be found inside your association in a brief timeframe.
  • Advisors would have the capacity to offer you the administrations that don’t exist in your association in light of the fact that there is no master or division that can help you with certain business perspectives.
  • Business specialists help to discover answers for the distinctive difficulties that emerge every once in a while. Each time the way of the test can be distinctive. You may confront the issue interestingly yet because of their boundless introduction to the different issues in different organizations, they can take care of issues in speedy, effective and safe techniques.
  • They can help you approve your as of now made or executed thoughts.
  • They will go about as the autonomous and master body that will dissect and scrutinize distinctive parts of your business. The feedback will be productive and they will help you discover answers for the issues

Business Success Checklist

Crystal clear purpose

The most common reason companies run into trouble is losing sight of the customer and their needs. Having a crystal clear purpose helps keep the focus from becoming too internally fixated, instead articulating why the business exists from the customer’s perspective. A clear and inspiring purpose will also give your employees a reason to be connected with their hearts, not just their minds.

Discipline

Sometimes this is an unpopular topic, but it is critical. Discipline means having a sharp and constant focus on your objectives, whether they be growth, profits or customer objectives. Successful businesses build continual monitoring into their processes, constantly aware of the gap between where they are and where they should be.

Goals that compel action

Most people are motivated to work for a cause of some sort. The business must continually paint a picture of what the future may hold. And it needs to be more compelling than ‘surviving’ or ‘selling lots more’. Goals that challenge without being unrealistic, and that inspire people to go above and beyond, will reinforce a culture of innovation, effort and excitement.

Prepare for several futures

Successful businesses are

Where to Get Bonding Assistance

A bid bond is submitted when you bid on a project, and obligates a firm to honor its pricing if it is awarded a contract. A performance bond obligates a company to complete a project according to the contract terms. A payment bond is a guarantee that the firm will pay all its subcontractors, craftspeople, and suppliers. If you fail to honor the terms of the surety bond, then the surety company that issued the bond will be responsible for paying.

Because of the risk involved, surety companies review detailed credit and financial information about your firm before issuing a bond. Your company has to prove to the surety company that it is capable of honoring its commitment. If you are granted a bond, you pay a premium (similar to an insurance premium) for the surety bond.

The Small Business Administration has programs in place to help small businesses get the bonds they need. The agency’s Surety Bond Guarantee Program will guarantee bonds as high as $2 million, and is open to all small businesses. Bonds are issued by a surety company, and the SBA will guarantee 70% to 90%, depending upon the program.

About Business Logistics

I speak to individuals about the companies they work for, and they refer to different departments, such as Planning, Purchasing, Warehousing, Inventory Control, and Transportation. These are many of the roles within the scope of Business Logistics, yet their companies have not realized they are all intertwined and can be banked against each other; traded and bartered for better company discounts. Additionally, they mention Returns, which is actually referred to as Reverse Logistics.

All of these roles are components of the Supply Chain in every industry. Logisticians help companies realize cost savings throughout the Supply Chain. Speaking with Logisticians about the Supply Chain encourages businesses to locate and differentiate the savings their companies could reap. This leads to new profit opportunities for their organizations.

Once I speak to individuals about the scope of Business Logistics and what it entails, they are fascinated by it. They tell me I should speak to their Management about the cost savings they can make through tradeoffs of services. There should be more high profile papers and articles on Business Logistics to educate the business world. It’s not just something students should learn about in college.

Supply Chain assists organizations

Benefits of Balanced Content

This may seem like a counterintuitive concept but let me explain. In my global work with leading speakers, authors, and thought leaders, I’ve noticed that most content is out of balance. Authors and thought leaders have a tendency or a bias. They are either incredibly academic or hyper focused on business, and this makes sense, given that many thought leaders come from either the hallowed halls of academia or the shining towers of the corporate world. Their world view and perspectives are shaped by their experiences.

Now there’s nothing inherently wrong with leaning towards business or academia. The content market admires, appreciates, and consumes content that leans in either direction. That being said, the best content I’ve seen is balanced. It has hard data to support the theories and it is peppered with stories and anecdotes based on the content’s real world business application. All too often I’ve heard academics snobbishly dismiss a business book written by a world renowned CEO because it doesn’t have an academic underpinning or data. I’ve also heard many C level execs discount the potential value of content that comes from academia as they claim that it wouldn’t work in “the real

Importance of Business Systems

Business systems are documented procedures setting out how your organisation operates. They are processes, usually combining actions taken by people and some form of automated application, organised in such a way so as to meet a given set of business objectives. Such systems can generally take place without the business founder / owner’s direct action, over and over again, as efficiently as possible.

Examples of processes may include how your staff should answer the telephone, how they take and pass on messages; the procedure for raising, approving, placing and receiving orders; the process for generating, checking and sending out client invoices, as well as receiving payments and following up on outstanding bills etc.

Regardless of the size or type of your business, it is likely that you already have set procedures in place covering many functions within your organisation, which employees follow out of habit or as directed by their supervisor / manager.

Business systems are the manual for your business; the “know-how” of any business that many business founders / owners usually hold in their head, and have not got round to putting onto paper.

There are many reasons and just as many

Start Home Based Travel Businesses

Home based travel businesses that fall into the referral agency category do just that: they refer people to a travel agency. They may have several agencies they refer people to, but most generally have one travel agency that they work with on a regular basis. In return for the referrals from a home based business travel agent, the travel agency pays a referral fee or commission percentage on what the travel agency receives from the supplier. Part-time referral agents can earn up to $500 on each sale, and sometimes even more.

The home based travel businesses that fall into the booking and selling agencies category usually work with one travel agency. These booking and selling travel agencies actually do the booking and planning involved in making all the necessary arrangements for great trips.

These are people who enjoy attending to all the little details. They serve, more or less, as facilitators between their clients and a travel agency. Booking and selling home based travel business agents earn a lot higher percentage of the overall commission-but they DO do a great deal more work. A full-timer at this, however, can earn $50,000 or more a year.

Find a Good Accountant for Your Cleaning Business

Perhaps you’re a sole-proprietor who is thinking of incorporating your business. Your accountant will be able to advise you about how this move would affect your taxes and business growth. Or maybe you have questions on whether you should buy or lease a new truck for your business. Once again, your accountant will be able to help.

So how do you go about finding an accountant who is a good fit for you and your cleaning business? Here are a few tips:

  • Ask other business owners for references. Find out who their accountants are and how happy they are with the services their accountant provides.
  • If you can’t get any references, go to the yellow pages and search the listings for several firms to contact. Call their offices and ask for the names of accountants who are familiar with cleaning businesses. Call four or five of the accountants on your list and ask them to tell you about their experience with working with clients in your industry and about their fees. From that information, narrow down your list to two or three accountants to interview in person.
  • Prepare a list of questions to ask

About Thyself and Thy Business

If you can’t describe yourself, your ideal client and your business in brief, simple language, how is anyone going to hire you or give you a referral? As an entrepreneur, business owner or independent professional, you need to be able to tell advocates, clients and networking participants what you do, how you do it, who you do it for and why they should choose you.

If what you do is help people build their business and how you do it is: a) one-on-one, b) training and c) workshops, this information presents a clear picture to prospective clients. The next section, who you help grow businesses for, is self-explanatory. The only question remaining is the size of the business. Let us choose businesses that generate up to $20,000,000 in revenue per year and independent professionals who earn $100,000.00 or more per year.

Positioning yourself by concept or model removes the stress for you and your clients. Create a model that motivates, excites and attracts. Your model could be that you work with people for a specific amount of time, say ninety days, for an established fee (received up front!) and you have a predetermined number of conferences

Legal Issues of Starting a Business

Other issues that you have to look at when starting a business relate to finding a suitable location, a building and the staff that you can work with. Of course, you do have to have insurance on the building and the stock if you sell products and if you provide services, you will need to have your equipment insured. You might say that you plan to run an Internet business out of your home so none of these issues will apply to you. No matter what kind of business you have, you need to have a business taxation number that allows you to collect taxes from your customers. You also have to pay taxes on the income that your business generates.

If you plan on opening a business where you prepare or serve food, then you have to deal with health and safety issues. Government inspectors will do regular inspections to make sure that your premises are clean and that you prepare the food in the proper way. If you wish to serve alcohol, you will have to obtain a special licence.

Having your own business also means that you have to deal with issues of