START YOUR ENGINES

START YOUR ENGINES

 I made some notes to get us started. These are not specific because I don't know some things about you,  your operations, your financial performance, ORG Chart, etc. This just represents my thought process..."seeing me in motion" so to speak.  Who, what, how, where, when, and why are for us to discuss.

You will have questions. I may have answers and connections.  

I always like to start with Revenue and Customer Retention and Increase....for obvious reasons.

I always like to start with this:

● Where have we been?

● Where are we now?

● Where do we want to be?

● How are we going to get there?

● What are the obstacles?

● What resources are needed?

● What are the benefits of Investment

● Who is going to do it?

If you create a 7 column table, with those as headings for columns 2-7, and Priorities 

Or operations as column 1, you will be on your way to mapping your NEW HORIZON Plan.

Have a plan and work your plan. Don't deviate.  Only change direction with very careful consideration.

Set priorities. Stay focused.

Do one thing well. Do it better than anyone else. Do it for less.

Set up key ratios to measure improvement.

Make sure to be collecting market data from reliable sources.

Have a Board of Advisors. Meet at least quarterly. More at first. 

Identify and use resources that can support you opportunity.

Reach out to banks and institutions to establish relationships.

Make Excel your friend.

Use a CRM to manage relationships.

Have control of your company data, intellectual property, and customer records.

Get all people in company.

Break your tasks into standard, trainable, assignments and functions and delegate. Monitor. Correct. Get reports and follow up.

Count every penny. No exceptions.

Stay current with payments.

Who is accountant?

Who is Attorney?

Don't depend on Social Networking, but use it.

Don't put all your eggs in  one tech person's skills.

Protect your data and full back-up daily.

1. Must have specific plan to generate more revenue.

    - Message must be compelling and persuasive. Packaged.

    - Short theme

    - Marketing and PR plan

    - Addressable market

    - "If I only had......"

    - Database and analytics.

    - **PROPOSAL SELLING**

2. Must have specific plan to structure pricing to maximize profit.

3. Must have budget and tight control of operating expense and capital expense.

4. Must know strength and weaknesses.

5. Basics in place to track daily, weekly, monthly performance vs projection and budget.

6. Org Chart. Job Descriptions. Personnel Performance Appraisals.

7. Tax Compliance

8. Evaluate value of your portfolio.

9. Regulation Compliance

Set up Best Practices manual.

Employee manual.

Build a Support Network. ...

Be Very Specific With Your Goals. ...

Delegate Whenever Possible. ...

Keep Your Overhead Low. ...

Find Your Best Niche—and Stick With It. ...

Protect your existing business while making changes. Don't throw away dirty water until you have clean water.

Avoid Distractions at All Cost

https://smallbiztrends.com/2014/06/success-tips-for-small-business.html

https://quickbooks.intuit.com/r/business-planning/15-critical-success-tips-for-small-businesses/

https://www.thebalance.com/the-value-of-a-business-mentor-1200818

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