Hire the right staff and they will not only support you in your business, they might even provide the acumen and skills to take it to the next level.
How? Well as a leader, you don’t want to be the smartest person in the room, you just need to have assembled a team who can get the job done while problem solving and delivering real value to your customers.
At the heart of any business, there are a series of simple metrics that need to be achieved in order to attain results. The challenge lies in identifying what those metrics are and then consistently applying the action that is needed to achieve them. Reverse engineering allows you to understand what needs to be done to hit your break even, and then forecast a profit margin.
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Growth is happening all around. Even as some businesses are shrinking, others are experiencing strong and continuing growth.
Growth can equal more jobs; if it does, it can also mean higher staff costs.
But sometimes well-handled growth can be about better utilising and training your staff, implementing the right systems, procedures and lines of communication to take the business to the next level.
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Whatever your goals happen to be, an activity schedule is relevant and essential to achieving them.
If you are accustomed to setting goals and then achieving them, you are probably well versed in establishing an activity schedule directly related to the goal. If you are not, then it is time to identify what activity will deliver the goal and then begin the activity.
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More and more small business owners are talking about overwhelm. Quite simply, they’re feeling the strain of trying to accomplish too many tasks in too little time.
And they’re far from alone in this sentiment. A National Australia Bank survey found just under half of all small to medium business operators felt overwhelmed by the day-to-day of running a business.
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