Boost your Business Results
With 2010 fast approaching and the recession still biting, ensuring your business is set for recovery has never been more important.
For some 2010 will still be make or break so to ensure your business is on the road to recovery here are some key questions you should be asking yourself.
1. Look at your Business Plan. Consider your vision or long-term goal for your business. Is it still relevant for the challenges you are likely to face in 2010? Do you have a vision? Do you really need to do business the way you do, or is there a better, faster, leaner way for you to achieve the same objectives?
2. Are you selling what your customers need today, not what they needed yesterday? Have you kept up with the changes and advancements in your industry or sector? If not then what do you need to do to get back on track?
3.When did you last take a long hard look at your costs? Are you missing possible savings on utility bills because you have not shopped around? Make sure you get 3 quotes for any large purchase and be prepared to negotiate.
4. Are you spending enough on marketing? This can be an easy expense to reduce but research shows that companies which spend more in the long-term do better than their competitors.
5. If you employ people do you employ too many or too few? Have you become complacent in the way you recognise and reward them? Are you doing enough to ensure they don’t walk to your nearest competitor?
Take time out to work on your business, not in it- get help in the form of an independent strategic review from an experienced professional adviser. It will probably take you longer and cost you more in terms of lost revenue if you try and do it on your own.
To kick start your business in 2010 with guaranteed results invest in a ’Business Health Check’ with me. – A strategic business review that will show you exactly what you need to do to drive up your profits and sales and put your business firmly on the road to recovery.
For Professional , impartial business advice Contact me at Award Winning Business Consultants, Janette Whitney & Associates
Tel: 01403 733671 E: jw@whitneyassocs.co.uk
Making Your Business Work Harder For You
Filed under: Business Planning & strategy | Tagged: Business advice, Business Growth, Business health check, Business planning, Business recovery, Business Review, Business strategy, marketing, recession, small business | Leave a comment »