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Add You - Business Plan Organisation Management: How Do You Organise Your Business For Profit And Growth
Training / Presentations: Why You Need a Lesson Plan LESSON PLAN DEVELOPMENT: Lesson plans, believe it or not, are a lot like the maps you have in the back seat of your car. They’re probably not covered with the ketchup and pencil marks that your maps are, but they are directional guides. You need some way of checking to see if you are on the right road in your classroom or on the highway. A lesson plan is really nothing more than a map of where you and your students will be heading for the time you are together. To paraphrase the American Express Card commercial, “Lesson plans -- don’t leave home without them. ect your ‘internal’ costs of quality control, communication and re-work. Be prepared with a ‘plan B’ and re-take these make-buy decisions at least once a year to keep people on their toes.
Understand the balance points in your business. But only re-organise once in three years – even small changes take several months to work through a business.Look for results Before you finalise the draft of your business plan, you need to answer four questions honestly: - Do you tell a clear story in simple business terms?
- Do you show where extra investment (of money or effort) will lead to increased returns?
- Do you show where unique value is added for your customers?
- Do you describe how you expect to maintain your competitive edge even as your market changes? Don't Be Fooled: Marketing Is Not About Meeting Customer Needs
When I was being trained in marketing (more years ago than I care to recount), marketing was defined as anticipating and meeting customer needs. Today this definition of marketing is redundant and if you follow it, there is every chance you will fail.The average consumer today has all his or her basic needs already met. In fact, they are totally overwhelmed by the vast array of product choices.To illustrate this, take a stroll down any supermarket aisle and count the number of brands and/or product variations in any given product category.Every company needs a sound and robust business model that scales as life changes. Many small businesses start with a business plan based on guesses. Then as life rolls on, there is never time to update it to reflect your evolving situation. When your accountant nags you, you just feel bad. And your bank manager makes a new business plan a condition for any money discussions so you rush into guessing again. As I coach my clients, I encourage them to create a simple, effective Business Plan that will earn them money as their business grows and their market changes. Be succinct and clear I encourage the owner to write their Business Plan in less than two sides of A4. In my experience with small businesses, briefer is better. The four sections should each have a couple of paragraphs to say: - Why are we in business? – your purpose and intentions in running the business
- What do we sell? – your products, services and the combinations that customers want to buy
- Who do we sell to? – your clients’ demographics, locations, spending habits and interests
- How do we plan to run the business? – staff, structure, targets, management and a simple cashflow table (in an appendix) predicting the income and expenses for the next 12 months
Stay flexible and customer-centred You need to consider the Scale, Scope and Structure of your business and align them with your long term Mission. Then you can include this detail in the right paragraphs of your Business Plan. Your mission is simply "Why are you running the business?" State who your customers are, the needs you satisfy with products and services and your unique approach to your market. A strap line of 15 words is ideal. Your scale describes your team – whether you employ them, associate with them or do sub-contracting. You might also show how the effort will flex as your sales levels change. Your scope outlines the customers you want to work for and the key products and services you expect to sell to them. Where your market has a number of niches, each could be described individually. Your structure defines how you sell to clients, the experience and skills needed for purchasing, production and delivery and how you manage your cash flow. Being small, you are unlikely to have departments but you will have individuals following processes within a team. On the one hand, organising your firm will always be an exercise in frustration because the supply of your products and services rarely equals the customers' demands. On the other hand, small companies thrive by picking off market opportunities to which their bigger competitors cannot respond quickly: - Time and market events overtake even the best organisation - so design flexibility into your business ready for when you need it.
- Unintended consequences grow with time – so keep watching for the unexpected. Set up triggers to flag possible issues, agree who monitors each flag and make the most interested person responsible for fixes.
- Make-buy decisions always trade-off costs against co-ordination – so monitor how the actions of your suppliers and associates effect your ‘internal’ costs of quality control, communication and re-work. Be prepared with a ‘plan B’ and re-take these make-buy decisions at least once a year to keep people on their toes.
- Understand the balance points in your business. But only re-organise once in three years – even small changes take several months to work through a business.
Look for results Before you finalise the draft of your business plan, you need to answer four questions honestly: - Do you tell a clear story in simple business terms?
- Do you show where extra investment (of money or effort) will lead to increased returns?
- Do you show where unique value is added for your customers?
- Do you describe how you expect to maintain your competitive edge even as your market changes?
Outcomes and Processes – What Makes for a Great Restaurant? When I was doing some work for Business Link in Kent, one of our evenings was spent at a hotel that reminded me so much of Ron Zemky’s work.Ron is the author of the “Tales of Knock Your Socks Off Service” books. Ron describes customer service as being made up of two dimensions – outcome and process.What Ron is saying is that there can be a range of product outcomes. From expectation not met, through met and up to value added. There are also a range of processes ranging from dissatisfied, through satisfied and up to delighted.Ron charts
s to say:- Why are we in business? – your purpose and intentions in running the business
- What do we sell? – your products, services and the combinations that customers want to buy
- Who do we sell to? – your clients’ demographics, locations, spending habits and interests
- How do we plan to run the business? – staff, structure, targets, management and a simple cashflow table (in an appendix) predicting the income and expenses for the next 12 months
Stay flexible and customer-centred You need to consider the Scale, Scope and Structure of your business and align them with your long term Mission. Then you can include this detail in the right paragraphs of your Business Plan. Your mission is simply "Why are you running the business?" State who your customers are, the needs you satisfy with products and services and your unique approach to your market. A strap line of 15 words is ideal. Your scale describes your team – whether you employ them, associate with them or do sub-contracting. You might also show how the effort will flex as your sales levels change. Your scope outlines the customers you want to work for and the key products and services you expect to sell to them. Where your market has a number of niches, each could be described individually. Your structure defines how you sell to clients, the experience and skills needed for purchasing, production and delivery and how you manage your cash flow. Being small, you are unlikely to have departments but you will have individuals following processes within a team. On the one hand, organising your firm will always be an exercise in frustration because the supply of your products and services rarely equals the customers' demands. On the other hand, small companies thrive by picking off market opportunities to which their bigger competitors cannot respond quickly: - Time and market events overtake even the best organisation - so design flexibility into your business ready for when you need it.
- Unintended consequences grow with time – so keep watching for the unexpected. Set up triggers to flag possible issues, agree who monitors each flag and make the most interested person responsible for fixes.
- Make-buy decisions always trade-off costs against co-ordination – so monitor how the actions of your suppliers and associates effect your ‘internal’ costs of quality control, communication and re-work. Be prepared with a ‘plan B’ and re-take these make-buy decisions at least once a year to keep people on their toes.
- Understand the balance points in your business. But only re-organise once in three years – even small changes take several months to work through a business.
Look for results Before you finalise the draft of your business plan, you need to answer four questions honestly: - Do you tell a clear story in simple business terms?
- Do you show where extra investment (of money or effort) will lead to increased returns?
- Do you show where unique value is added for your customers?
- Do you describe how you expect to maintain your competitive edge even as your market changes? Are Corporations Doomed to Fail?
Many people believe that the Public Mega Corporations are eventually doomed to fail and of course there are many reasons for this. One of the most common reasons cited by media is Corporate Malfeasance. Another one which some free-market economists note is that the Stock Market is now a gambling casino and still others make light of the fact that corporate greed from those at the top is out of control. Of course someone once said something interesting about Absolute Power.If any of these comments strike you as interesting topics or you think that any os?" State who your customers are, the needs you satisfy with products and services and your unique approach to your market. A strap line of 15 words is ideal.Your scale describes your team – whether you employ them, associate with them or do sub-contracting. You might also show how the effort will flex as your sales levels change. Your scope outlines the customers you want to work for and the key products and services you expect to sell to them. Where your market has a number of niches, each could be described individually. Your structure defines how you sell to clients, the experience and skills needed for purchasing, production and delivery and how you manage your cash flow. Being small, you are unlikely to have departments but you will have individuals following processes within a team. On the one hand, organising your firm will always be an exercise in frustration because the supply of your products and services rarely equals the customers' demands. On the other hand, small companies thrive by picking off market opportunities to which their bigger competitors cannot respond quickly: - Time and market events overtake even the best organisation - so design flexibility into your business ready for when you need it.
- Unintended consequences grow with time – so keep watching for the unexpected. Set up triggers to flag possible issues, agree who monitors each flag and make the most interested person responsible for fixes.
- Make-buy decisions always trade-off costs against co-ordination – so monitor how the actions of your suppliers and associates effect your ‘internal’ costs of quality control, communication and re-work. Be prepared with a ‘plan B’ and re-take these make-buy decisions at least once a year to keep people on their toes.
- Understand the balance points in your business. But only re-organise once in three years – even small changes take several months to work through a business.
Look for results Before you finalise the draft of your business plan, you need to answer four questions honestly: - Do you tell a clear story in simple business terms?
- Do you show where extra investment (of money or effort) will lead to increased returns?
- Do you show where unique value is added for your customers?
- Do you describe how you expect to maintain your competitive edge even as your market changes? Use CRM To Run Sales By Numbers
Running sales by the numbers. In today's day and age it's very easy for you to establish to gain great visibility over your actual sales activity using modern CRM systems. We've deployed CRM systems like Salesforce.com for many different clients. They allow us to quickly establish a dashboard that gives us accurate accounts of all calling and customer proposal and visitation activity. If you run your sales by the numbers and look at that activity on the daily and weekly basis, it's very easy for you to quickly see what patterns are emerging in your sales team. On the one hand, organising your firm will always be an exercise in frustration because the supply of your products and services rarely equals the customers' demands. On the other hand, small companies thrive by picking off market opportunities to which their bigger competitors cannot respond quickly:- Time and market events overtake even the best organisation - so design flexibility into your business ready for when you need it.
- Unintended consequences grow with time – so keep watching for the unexpected. Set up triggers to flag possible issues, agree who monitors each flag and make the most interested person responsible for fixes.
- Make-buy decisions always trade-off costs against co-ordination – so monitor how the actions of your suppliers and associates effect your ‘internal’ costs of quality control, communication and re-work. Be prepared with a ‘plan B’ and re-take these make-buy decisions at least once a year to keep people on their toes.
- Understand the balance points in your business. But only re-organise once in three years – even small changes take several months to work through a business.
Look for results Before you finalise the draft of your business plan, you need to answer four questions honestly: - Do you tell a clear story in simple business terms?
- Do you show where extra investment (of money or effort) will lead to increased returns?
- Do you show where unique value is added for your customers?
- Do you describe how you expect to maintain your competitive edge even as your market changes? Drop Shipping - An Entrepreneur's Dream or a Fool's Nightmare?
For many people, the possibility of selling goods online appears fraught with difficulties. Firstly, you need to locate a product, store inventory, organise a good shipment or carrier company and so forth. But what if you could become a successful online retailer without having to worry about those problems?The answer is that you can…a simple type of retail called drop shipping. Let us take a look at the pros and cons of this method of retailing.Drop shipping is the name given to the retail method where you sell a product at a price of your choiect your ‘internal’ costs of quality control, communication and re-work. Be prepared with a ‘plan B’ and re-take these make-buy decisions at least once a year to keep people on their toes.
- Understand the balance points in your business. But only re-organise once in three years – even small changes take several months to work through a business.
Look for results Before you finalise the draft of your business plan, you need to answer four questions honestly: - Do you tell a clear story in simple business terms?
- Do you show where extra investment (of money or effort) will lead to increased returns?
- Do you show where unique value is added for your customers?
- Do you describe how you expect to maintain your competitive edge even as your market changes?
Finally It is my experience that an effective plan is marked with coffee stains and pencilled comments that show the business owner has reviewed it month and re-written it yearly. As you keep your business plan focused on the needs of your clients, you will thrive.
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