A few years ago science, as a factor in commerce, was little known and less appreciated. Be absolutely honest. No, it s not easy to do, but you can see where innovation and new ideas are coming from and how they might change the face of your industry. You may protest that some industries don't work that way, and it is hard for a newcomer to change the rules.
Do you lose to competitors or beat yourself?
use advertising in
specific industry trade magazines to sell my books, speaking services, and business-owner boot camps. No, you
won t have
to be stuck in a cubicle all day long, eat lunch at the office cafeteria, spend hours in traffic during rush hour, hit the gym at the same time as everyone else and wait in line for the next available treadmill. The average
Fortune 500 company
executive works between fifty and sixty hours per week. Then there
are ideas that
fall into the same old, same old category.
As a business owner, what are your top three priorities?
formidable barrier to
progress has always been the senseless opposition of those to whom it would be of the greatest benefit. A longer-term
loan, up to
20 years, may be used to purchase a piece of long-lasting capital equipment. The most
important part of
a plan intended for management consumption is probably in the financials. (That s
doubly true if,
as is the case with many entrepreneurs, both descriptions apply to you.) Collateral is just something the banker can seize and sell to get back some or all of the money you ve borrowed in the event that everything goes wrong and you can t pay it back with profits from operations.
Here's a quick way to solve the customer service problem
business owners and
managers think of themselves as hard workers instead of leaders. Your plan
shows how you
will get from here to there. Think of
something as common
and cheap as a cigar, get up an imitation for the children, have your enterprise stamped upon it, and it will go from one end of the land to the other. In particular,
these other companies
will include suppliers of goods and services, customers that adapt or combine its offerings for others and companies that act as development partners.
Is Marketing your company's main focus?
double your business?
case, even though
the margins will be smaller than they would if you were buying larger quantities, you will still make a profit on each sale. The small-business
arena is one
of those areas where the government has made strides in doing something helpful. Remember, training
is not an
informational meeting or a lecture from the boss.
Some people excel at sales and some don't - which one are you?
tools are there
to guide you and not the other way around. A sales
manager can redirect
the activities of salespeople immediately, and an accounting manager can make immediate changes in bookkeeping practices. It does
not require a
magic key to unlock the door to business efficiency. It is
your job to
make sure the world sees the real you, and that this mental representation of your organization is close to the image you want to project.