While 80% of small businesses fail, many entrepreneurs who stay in business fail to achieve their dream – more money, time, control and freedom. Too many small business owners today end up with a J-O-B and operate Just Over Broke.
But you can create a business that really works for you. One that is profitable. One that provides you with flexibility and control. So if you want to put yourself on the path to profit, control, and freedom, here are three things you should do consistently.
Your Path to Profit
First, turn ideas into results. Over 90% of small businesses run with no plan of attack. Now I don’t mean a formal business plan that collects dust on the shelf. But a simple, actionable plan gives focus and clarity to help you go from where you are today to where you want to be. Start the year with specific goals and prioritize what you need to DO to accomplish them. You will be amazed at a what a little clarity can do. For help with goals and action plans, check out my Ultimate Guide to Action Planning.
Second, learn to love systems. They aren’t glitzy, but they are guaranteed to make your business more efficient, more productive and more consistent. So if you want to make more money with a lot less effort, put the power of systems to work for your small business. Not sure where to start, my Ultimate Guide to Systems and Procedures can provide step-by-step instructions.
Third, take a Hybrid approach. Putting efforts into sales is important, but it’s not enough. Taking small steps to improve ALL areas of your business – from products and promotions to people and procedures – will put more money on your bottom line and in your wallet.
How Do You Measure Up?
Curious how you measure up in six key areas that impact your business? My free business success checklist can help you figure it out. Click here to access this free download.
Ready to Put Your Business on the Path to Success?
Would working with a business coach help you take your business to a whole new level? Then let’s explore the possibilities with a complimentary consultation. It’s a chance to get to know each other, discuss your goals and the obstacles that hold you back. Together we can determine if there is a good fit between your needs and my services.
To learn more or schedule an appointment, call me at (856) 533-2344 or drop me an email Joan@HybridBizAdvisors.com