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Author Archives: pbresources
Keys to Business Success – Organization of Record Keeping & Finances
In this series, we have talked about several of the characteristics of successful businesses. We discussed: continually researching competition, location, and product/service demand; using capital properly; and education and experience. The next trait of a successful business is their ability … Continue reading
Keys to a Success Business: Education and Experience
Each of us strive to run our businesses to the best of our abilities. However our abilities are limited by our education and experience. These two personal critical factors influence our effectiveness when running, developing, or maintaining a business. Successful … Continue reading
How to Succeed in Business – #1 Constant Research of Location, Competition, and Demand
When it comes to developing or continue to refine a successful business, there are many critical factors that business owners and management need to consider. As a business owner, being aware of their surroundings is one of these factors. Before … Continue reading
Improve Your Delegation & Planning Skills – Be the Leader!
Congratulations! You have made it through the first nine steps of preparing your business for economic growth! Now, the biggest step! Once you have mastered being able to stay out of the firefighting, it is time to prepare your employees … Continue reading
Review Your Workload & Priorities – Stay OUT of the day to day firefighting!
During the past eight weeks, we have discussed a gamut of things that need to be prepared when our business is ready to grow. The most important factor to remember during this step is that we validated our processes, we … Continue reading
Define Training Strategy – “Train the Trainer”, outside resources or new hire?
We have spent the past seven weeks discussing the necessary steps to ensure that your business is prepared for growth. The past two weeks we have discussed what type of employees to hire and how to go about finding the … Continue reading
Start Building a Pool of Candidates – Step 7
At this point in time, we understand our customer’s demands, strengthened our relationships with our vendors, analyzed our processes, found the potential leader in our staff, made sure our cash flow and capacity is available, and decided whether we are … Continue reading
Develop your expansion strategy – Temp to hire, Hire or Subcontract?
If I recall correctly, we have reviewed our customer’s expectations, spent time with our vendors, figured out who our strongest leaders are, validated our processes, and made sure that our financial resources (cash flow and capacity) were available. Now that … Continue reading
Review Your Capacity & Cash Flow Availability – Step 5
Once you have your customer expectations under control, vendor communications open, top personnel lined up, and processes in check, your business should be running pretty smoothly! Next you need to make sure you have the capacity and cash flow to … Continue reading