Independent Contractors – how can you take advantage of their flexibility? October 21, 2008
Posted by businessgrowthmastery in Entrepreneurial, IT/ Technology, Leadership, Operations.Tags: business growth, business support, contractors, hiring, independent contractors, professional contractors
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Do you have a list of projects that you want to commence but never seem able to get around to starting?
For many small and medium sized businesses this is a real issue – there just never seems to be enought hours in the day to get everything done.
However, there may be an answer to these challenges and again it is something that we can learn from larger corporations. Many entrepreneurs manage to deliver quickly and efficiently by using a corps of independent contractors, who provide flexible, skilled help just when the business needs it and more importantly only when the business needs it!
Many entrepreneurs use professional contractors for two reasons – flexibility and variety. You can select a contractor with specific skills to undertake a specific projects and then once completed, end the contract and move onto the next one.You have no issues with hiring, firing and morale.
The financial meltdown – recession proof your business… September 29, 2008
Posted by businessgrowthmastery in Financial Management, General, Leadership.Tags: business success, credit crunch, recession
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So what are the top five things that you can do right now to ensure that your business can greet a recession successfully:
1. Set, measure, and consistently monitor inventory targets, sales goals, and revenues. But make profit – net profit – the main overriding focus.
500 interviews – distilled into 8 secrets of success… July 28, 2008
Posted by businessgrowthmastery in Entrepreneurial, Leadership, Uncategorized.Tags: business growth, business success, secrets of success
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I’m always on the lookout for good stuff to feed my mind and it helps when the material is presented in a light hearte way!
a week or so ago, a friend referred me to the following video and although it is just three minutes long, I’m sure that you will agree with me that it is worth every second of your time.
Apply these secrets to your business and you will be successful. These are the basics for all business growth.
Let me have your thoughts
How will the Credit Crunch affect your business? July 16, 2008
Posted by businessgrowthmastery in Economic Environment, Financial Management, General, Leadership, Mastermind Group, Operations.Tags: business financing, business growth, business success, credit crunch, economic downturn, economic uncertainty
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However, the days of cheap money and a queue of people waiting to help you refinance are long gone and good riddance I say.
So what can you do to ensure that you are one of the winners and that you continue to deliver exceptional growth within your business?
For one, take these five simple steps;
9 ways to improve cashflow in your business! July 11, 2008
Posted by businessgrowthmastery in Entrepreneurial, Financial Management, Leadership, Mastermind Group.Tags: business growth, Business Growth; thriving in a downturn; small business, Financial Management, improving your cashflow, managing your cashflow
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Of all the business tips I’m asked about, one of the most frequest realtes to how to improve cashflow. As you will realise, cash is king – without it, you’re dead! So it is vital that you implement a structured approach to improving the cash position within your business.
Incidentally, my response to the question is to point clients in the direction of the “9 steps to improving cashflow” – see below;
For sales people, get them to ask every single customer to make another add-on purchase with the one they’ve already made. A great way to do this is to have a shopping checklist of what the customer could buy.
. For your administration team. Have a checklist of your customers and when their payments are due. Set up reminder e-mails/SMSs/and faxes for each customer to ensure their payment is received on time…. Read more
Thriving in a Downturn – Part 3 – getting your head right! July 11, 2008
Posted by businessgrowthmastery in Entrepreneurial, General, Leadership, Mastermind Group.Tags: business gowth, law of attraction, the secret
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I recently held a tele-seminar on this topic and was amazed at how many people in the audience didn’t grasp the importance of “getting their head right” when looking to succeed in business and drive growth within their business.
The seminar considered the impact of the ‘Law of Attraction’ on buiness sucess and highlighted a four step process to improving your future prospects – I’m in the process of setting up a download of this seminar via the website – www.businessgrowthmastery.com – so if you’re interested – keep an eye out.
It is probably wort reiterating the four step process here so that you can all start to implement it now;
How to manage excessive pay demands June 18, 2008
Posted by businessgrowthmastery in Entrepreneurial, Financial Management, Leadership, Mastermind Group, Vision & Strategy.Tags: alastair darling, blueprint for business success, business growth, growing your business, inflation, pay demands
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Alastair Darling, the UK Chancellor has come out today warning that trade unions guard against a ‘disastrous return to 1970’s style inflationary pay demands.
He is right to be concerned as the global economy is feeling the impact of inflationary pressures on oil prices, the cost of food and increasing energy costs. Although the official inflation rate in the UK is quoted at just 3.3%, it is well established that if you take just these three core items, the the rate would be well north of 8%.
So as a business owner, how can you guard against excessive pay demands?
On the one hand, you need to ensure that you pay a fare salary, otherwise you are likely to struggle to retain top talent. Having said that all the research that I have seen is that money is lower in the priorities of the employee than it is in the perception of management.
Let me explain.
Thriving in a Downturn – Part 2 – 10 steps to enable you to exploit new opportunities in global markets June 18, 2008
Posted by businessgrowthmastery in General, Leadership, Vision & Strategy.Tags: Business Growth; thriving in a downturn; small business
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However, the biggest hurdle that you will have to overcome in doing so is not the red tape, the long distances or even the time differences. No, the biggest hurdle that you will no doubt have to overcome is your own self doubt.
There are 10 simple steps that you can take today to ensure that you take control of these doubts
Thriving in a Downturn – Part 1 – How would you like this next year to be 14 months long? June 12, 2008
Posted by businessgrowthmastery in Entrepreneurial, Leadership, Mastermind Group.Tags: blueprint for business success, business growth, business growth strategies, business support, creating the time to thrive, economic downturn, time management for entrepreneurs
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Time is something that we all have equality in. No one has any more time than anyone else. However, what if I can show you a way to give you an extra 2 months in every year – what do you think you’d do with this extra time?Successful people in all walks of life put a high value on time – it is after all, the one thing that once lost can never be reclaimed.
So, if you are to thrive in the coming weeks, months and years it follows that you need to really maximise the time that you have available. Success tends to come from working smarter rather than harder. I’m not a strong believer in burning the candle at both ends – you need to get a good balance between focused effort and recuperation. The question is how you can improve your time management skills to allow you to achieve this.
Before we look at a proven way to improve your time management skills, let’s look at the 7 key time wasters;…
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