Strategic Planning – How to Grow and Manage Your Business
If you don’t know where you are going, how will you know how to get there.
Strategy sets the direction, philosophy, values and methodologies for growing and managing your business. In most industries there are 4-6 core strategies that successful business follow. These core strategies are easy to understand, remain fairly constant over tiime and result in growth and profitability of the business. Implementing and following a pre-defined set of strategies are cirtical to building a successful business and keeping it focused.
Strategies must address both the internal and external influences that impact your business. External strategies focus on opportunities to grow the business and mitigate against threats. Internal strategies focus on the business related strengths and weaknesses in areas’s of capabilities, efficiencies and profitability.
Successful business don’t happen – they are MADE TO HAPPEN. All effective and profitable business share three basic strengths:
We work with business owners to formulate and implement strategies today which help grow your business and make it more successful.
Systemisation – Making Your Business Work For You
If you’ve been in business a long time, you already understand how difficult running your own business can be. There are employee’s to manage, customers to please and overheads to maintain. What usually happens is business owners get caught up running a day to day marathon that they don’t take time to put a system in place. However without a system many business owners:
- Must work harder
- Must work longer
- Often make mistakes
- Lose potential Sales
- No matter what type of busines you own, implementing a system is critical to effectively manage your company and realise your strategy.
Systemisation brings your business to the point where it can operate without you having to be involved in the day to day business of getting everything done. You still own the business, you still operate it, its just that you do not have to be “on the floor” doing all those nitty gritty tasks it takes to make your business do everything it is supposed to do. When a business owner takes time to put functional systems in place, they:
- Work Smarter
- Work Faster
- Make More Money
- More accurately fulfill customers needs
Systemisation allows you to spend more time WORKING ON building your business and creating wealth, rather than WORKING IN your business doing another Job. It also helps to get your business Investor Ready making it more attractive to potential purchasers and increasing the value of the business, should you decide to sell your business.