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Are you REALLY managing your small business? Feb 17, 2010

by Andy Hayes

I’d like to ask you what might be a difficult question:  are you really managing your small business?

Managing Your Business

Life can be pretty hectic as a small business owner, right? You spend all day out with your clients and “doing your thing” and then only have a few hours in the evenings to catch up on emails, do a little marketing, and check in on your accounts. Maybe you work an extra day here and there to do special projects. The process repeats itself each week, so there just isn’t a way to squeeze in much more, or to evaluate and change course where appropriate.

Smart Businesses

  • Thrive based on knowledge, instinct, and luck
  • Make decisions made on facts and solid information
  • Keep one eye on the horizon and one eye on the road ahead
Not-so-Smart Business

  • Survive based on luck and hope that “it will all work out in the end”
  • Make decisions based on adrenaline and “winging it”
  • Manage things day-to-day

Only about 40% of small businesses manage to be profitable in the long term; most fail with in the first 2-3 years. What will your statistics be?

Manage Your Business Better

Making your business more effective isn’t about spending hours and hours in meetings or paying by-the-hour rates to consultants for months to come up with your latest business strategy. All you need is here in our TOP Travel Business Toolkit:

TOP Travel Business Toolkit

Inside you’ll find both our TOP Business Guide, a short guide to help you understand the principles of a forward thinking, holistic approach to your business.  Alongside that, there’s the TOP Business Dashboard: an organised set of worksheets you can use to make effective business decisions.

Entrepreneur Rachael Acklin said “It’s kind of a no-brainer – I believe your long-term business perspective, as well as your explanation of SWOT and how to create a SWOT analysis, was DEFINITELY worth the price and more. Seriously.”

Click here to check out the details and download your copy today.

Photo by stuartpilbrow

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