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Found articles: 14

  • Add Value by Documenting Your Business

     By documenting your business you communicate to your people exactly how your business operates and what work needs to be completed by Employees filling the Positions in your business.It is vitally important to have your business documented if you are looking to sell your business or looking to secure external funding. Well written and maintained Business Systems and Documentation adds great value to your business and will contribute to you getting more money when selling or sourcing external funding.More

  • Key Employees Can and Will Leave Your Business, are You Prepared?

     Very few businesses can claim to be prepared for the loss of key employees. Quite often it is an unexpected and unplanned for event that causes quite a bit of disruption to 'business as usual'.It is quite a gut wrenching experience to see an employee you have worked with over a period of time leaving your business.More

  • This Will Save You from Business Failure

     "67% of New Businesses Fail in the first 5 Years"We have all heard this statistic, or variations on it before. It's quite a scary fact when you consider the implications, especially if you have started or are about to start a new business.But the bad news does not end there:“A further 22% of Businesses Fail in the second 5 years”So even if you manage to survive the first 5 years, the odds are still against you continuing your business past the 10 year mark.More

  • Is Your Business Growing as Fast as You Planned?

     Is your Business Growing as Fast as you Planned? Or aren’t you planning for growth at all?Or worse yet, do you not even know how your business is performing and what the key growth metrics are for your business?More

  • Strategic Planning: What is your Businesses Reason for Existence?

     As business owners and managers we are quite often caught up in the day to day work of running our businesses, dealing with clients, managing staff, developing new products and more often than not putting out fires. After all of this “work” is done there is no time left (or more importantly no energy left) to spend on what I consider to be the most important work that we face as business owners and managers, Business Development.It is no wonder that the average business struggles to reach the size, profitability and success that urged the founder to start it in the first place.More

  • How a Business Coach Can Assist You With Business Development

     A business coach will help you with the skills that you need to manage and lead a successful small or medium sized business. They will assist you in setting your business development goals and make sure you become more responsible for what is your most important work, Business Development Work.As managers and business owners we are thrust into our positions through what is commonly referred to as “Promotion into Incompetence”.More

  • What is a Key Indicator and How Will it Impact my Business?

     Key Indicator, as referred to in this article, applies to both KPI: Key Performance Indicators and KSI: Key Strategic IndicatorsKey Indicators allow you to track the health, growth and performance of your business. By looking at what values are important, then tracking and measuring them over time, you can determine exactly where you are in your progress towards your business development goals.Most business owners believe they have a ‘good feel’ for the way their business is running.More

  • Liberate Your Time by Developing Your Company Organization Chart

     Your company’s organizational strategy is centred around the development and communication of your Organization Chart. The Organization Chart takes the form of a graphical representation of the positions in your company. The top Position in the company (i.More

  • Key Indicators, How they will Benefit your Business

     Key Indicators allow you to track the health and growth of your business. By deciding what values are critical, then measuring them over time, you can determine exactly where you are in your progress towards your business development goals.Most business owners would argue that they have a ‘good feel’ for their businesses.More

  • Innovation, Working on your Business not in it

     So what exactly does it mean to be Innovative and ‘Work On your business not in it’ and how is this possibly going to assist you in reaching your long term goals for your life and your business?I had the misfortune recently to be involved in a motor vehicle accident. Nothing too uncommon I am sure you would agree.More