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Why Do You Need A System In Your Business?

Is Systemising a Business a Waste of Time?

We talk about systems ALL the time. Yet businesses fail to grasp the intrinsic importance of a good system and continue to ignore the necessity of implementing even the most basic systems to their businesses.

Being a person that for many years hated systems, I have come to learn to appreciate the true value of developing systems for almost every area of your business and life.

I used to feel that systems stifled you, inhibited creativity and forced you to “toe the line”.

What I found instead was that (wait for it… drum-roll), “Systems Set You Free!”

Here are four points that need to be considered and understood when thinking, talking, designing or implementing a system.

1. Businesses need to understand that systems are about different processes within the operation of your business. They are not rules, policies or regulations that everyone in the business must follow.

Every business will need to be adaptable and create different systems for different processes within their operation.

For example, there needs to be a system for dealing with and entering receipts throughout the organisation, on all expenditure by all relevant staff that are spending the company’s money.

If there is no system in place anyone at any time can spend anything and before too long the company will have no money or worse find themselves in debt because they cannot control their cash flow, their debts and their receipts.

As simple as it sounds, a simple bookkeeping system is needed by ALL businesses to ensure that there is money in the bank and that the business is not operating insolvently. Yet many businesses do not have such a system in place.

2. Businesses need to plan for the systems they need and the processes that they have.

As you can see bookkeeping is simply one system within an organisation, most organisations will need a system with regards to customer engagement, marketing, sales processes and product or service delivery, just to name a few.

As a business person you need to see your business as a process from beginning to end, and look at the different sections of your business that flow from one to another.

Once you are able to identify the flow of your business, then the processes will be a lot easier to identify and then you can engage a professional to help you create the necessary systems you need to simplify your operations.

3. Don’t leave your systems gathering dust.

One of the biggest challenges with most businesses, is that even though they take the time to work out how their business flows and then they invest the time and the money in creating the appropriate systems, once the manuals are written and the systems are in place, they seem to sit on a shelf gathering dust.

I can admit this now, but once I was one of the biggest anti-system people in the business world. I played with systems, I saw organisations with systems and I even created a few in my time.

But I never applied them and then ended up wasting enormous amounts of time, energy AND money that were invested in potentially worthwhile systems that were never used.

Today, I leave the system design and implementation to others who are better suited (my business partner for example). However, I now enjoy using these systems as I have discovered, painfully, that systems, good simple and effective systems, actually set a business person free to do what they do best.

They are very simple to implement… implement them one at a time… do not try to implement all your systems at the same time, that is a recipe for disaster.

REMEMBER, systems set you free, implement them one at a time and you will have created a successful business.

4. “Kaizen”, Japanese for “improvement” or “change for the best”.

Kaizen was a development by the Japanese after William Edwards Deming who was an American statistician, professor, author, lecturer, and consultant set Japan on the path to industrial super stardom after the Second World War.

Where your business systems are concerned, you need to have at least an understanding of the basics of kaizen… making small improvements on an ongoing basis.

No system is perfect!

The systems you create today will need to be constantly tested, measured and improved on as your business grows and develops in its size and complexity.

If you check your systems on a regular basis you will find that making small, important improvements will be very easy as you have already created a culture using them within your organisation.

These are just 4 simple steps to get you on your way to thinking of systems in a positive and engaging manner.

There is so much more you can learn and read… and you should, once you recognise the importance of systems in your business.

Have fun starting the journey, I look forward to you creating some amazing systems and developing a growing and successful business.

Why Many Couples Are Having Success at Running a Business Together

You may be wondering why so many couples are having success at running a business together. In fact, couples are having so much success, it’s being called the New American Dream.

There are several reasons why couple entrepreneurs are winning in business together but the most important reason is because consumers are tired of doing business with big box stores and other corporate giants that do not support local communities anymore.

The new era of the Mom and Pop store is coming back again. Communities feel safer doing business with a couple that works locally and produces jobs in their community. Couple entrepreneurs are enjoying stronger income and they enjoy growing a business together as well as having a family.

Couple-run small businesses sponsor local events and thus their communities want to support them. Small couple-run businesses are trusted more than many big companies whose customer service is a recorded message with a serve yourself website, with hard to understand instructions that usually don’t solve your problem.

Consumers want to take a more responsible role in where they are spending their money and how it is affecting the planet and like doing business with local couples who have green businesses and healthier local organic foods. Consumers can talk to a couple and get to know them and feel as if the local producer is also a friend.

When you run a business with your spouse, your client knows your first name and does not have to push a bunch of buttons in order to speak to you. Your client knows you need them and your client feels better knowing that their business is appreciated and valued.

Your customer also knows that the SBA says couple-run small businesses usually give about 10 to 20% of its profits, every year for the life of the business, back to their local community. Meaning, they understand that doing business with you helps you and their local community for the life of the business.

In this way consumers understand that supporting local couple-run businesses is an investment in the future of their community and the future of the environment. Couples are having success at running a business together because these businesses are making a difference in the world and many corporations either don’t care to make a difference or don’t want to.

People trust and feel better about couple-run firms and couple-run medical practices because they feel safer and more cared for doing business with a couple that they know vs. a huge corporation where they are just another credit card number with no one to speak with.

There are many important reasons couples are having so much success running a business together and one thing is for certain, this trend will continue to grow over the next decade. Boomer couples are opening businesses at an increasing rate, in fact they are the largest group opening new businesses and these couples are working together because they are not ready to retire.

If you want to have a thriving business, then it will benefit you to look no further than your significant other in order to achieve success together.

Is Your Online Business Failing? What Is Your Business Strategy?

Having a business strategy plan or portfolio is essential to any business. A strategy is like a track to run on. If you have no strategy and just try to let it happen, it will happen alright, but not in a good way.

If you are failing in your business, that doesn’t mean you’re a failure. A failure is someone that gives up after facing a few obstacles. So refuse to give up and refuse to fail. Having an identified business strategy will help you avoid obstacles that may tempt you to give up.

What is a business strategy? A ‘business’ is defined as the buying and selling of goods and services. A ‘strategy’ is defined as a careful plan or method of achieving an end result. A ‘Portfolio’ is defined as a folder or book that holds your written plans. So basically your business strategy portfolio is your carefully defined written strategy for building your business.

Would you start a business without a business plan? Not if you needed start-up capital from a lending institution. They won’t lend a dime without a business plan. If you were to invest, say $1,000,000, into a brick and mortar business or franchise, would you have a carefully pre-defined plan as to how you were going to run and build that business? Of course you would, unless you just have millions to throw away.

So that begs the question. Why would or do most online marketers get into business without the first idea or clue as to how to build that business? Probably the reason they got into the online business in the first place was in pursuit of a dream. A dream of something better. A dream of more time, more money, more freedom.

If you have an online business, what is your job description? If you are in the business of internet marketing, your job description is to sale and promote your product. Plain and simple. You promote your product over and over to the best of your ability. You can do this multiple ways with different advertising methods. There are free methods, paid methods and social methods. You can even create an affiliate marketing program and get others to promote your product or products for a commission. Or, you can promote someone else’s product as an affiliate. But, in the end, you are in the business of internet marketing, the promotion and sale of a product.

How does a doctor get paid? By seeing patients right? How does a pilot get paid? By flying planes right? How does a barber get paid? By cutting hair right? The point is if you want to get paid in your business you have to take action. Pre-defined action with a plan.

If you are in the business of online network marketing do you want to get paid? Of course you do. So your job description is simple. You promote your product or service on a daily basis and teach others to do the same. Everything in your business plan as an online network marketer should revolve around that statement. Let me say it again. Your job description is ‘You talk to people everyday about your products or business opportunity and teach others to do the same’. How you talk to people everyday about your product or service will vary. But the end result is that if you don’t talk to people everyday about your product or opportunity daily your business will not grow and you will not get paid.

So if you are contemplating and online or offline business, develop your business strategy. Develop that strategy and commit it to writing. Refer to it often and make necessary changes when needed. But most importantly, when you face obstacles, don’t give up. Don’t ever give up.

Earn Income From Home With An Online Business

Financial freedom is something more and more entrepreneurs are looking for. The fact is that more people are turning away from being employed to being their own bosses to enjoy some financial freedom. This is not that hard to do considering that the internet has made things easier even for new businesses. Online businesses are easy to create and maintain and they offer great customer potential. This is because many people are online more during the day and this makes it possible for any business to be noticed as soon as it begins.

You can now earn income from home thanks to the possibilities of an online business. Online businesses have so much potential to thrive into successful ventures. You must, however ensure that you do everything right to increase the success rates of the business that you start.

What You Need

When starting an online business that is bound to be a success for you, you must know your product or services, establish your target audience and create a brand that you can keep up for the longest time. Remember that the brand that you begin with will be the brand that sets you apart from other businesses. This means that you need to be creative and confident from the very first step that you take in starting the business. It will make sure that you give your target audience a constant and consistent flow with the business at all times.

Coming up with business strategies is not easy, especially when dealing with an online business. You will need to find relevant online business information so that you make the right decisions from the initial stages of the business. The info will give you the insight that you need on the latest business trends and thus, will help you make it big in whatever you choose to do. It can be dangerous to venture into online business when you do not have any idea of how to handle your business matters. This business information is therefore very important.

You can use home business training programs. The program can be got from various online sources. This program will help you in making all the right turns for your business. Your program can tackle different sensitive issues of making the business a success. This includes strategies of attracting traffic to your site, how to come up with lucrative blogs, online marketing strategies and using social media for the benefit of your business among many others. It will all depend on the program that you choose and the kind of business that you intend to start and make a success.

The programs offer live training sessions and videos to make it easier for you to grasp the business strategies easier. They can be some of the most helpful online business tools that you can use. When you are armed with the most helpful business info and strategies, you are bound to earn income from home without the struggles and worries many business entrepreneurs have when starting out.