How often do you review all of your vendors your business uses? I think reviewing things annually makes a lot of sense, but perhaps in some industries that is not often enough.
Just came across your question.
The simple answer is Yes... As I say: "A business without a business plan achieves everything in it"...
but the trick is that all business plans were not created equal.
First you need to decide what the purpose of your business plan is. If the purpose of the plan is to impress the bank to give you a loan, the document you need to create is very different from a plan that is meant to help you focus on your priorities for the coming year.
Also, You need to understand that an effective plan is never about the document (Unless is it created to impress the bank), but it is always about the work that goes into created the plan. Plans are guesses at the best of times, so often the document will be out of date the moment you've created it. but the work that goes into creating the plan is invaluable.
Hope that helps, I can go on and on about planning, and I often do... let me know if you have more questions
Do you need a business plan! If you needed to ask this question, than maybe there is no point Colin. Serendipity or failure are the only other options, it is a no-brainer.
What do I mean? Simply what is currently a larger driver of your business (for better or worse)
I'm looking forward to all of the answers. Feel free to tack on additional questions if you feel I missed any that are related.
Both internal processes and external brand perception are important in business. As the owner of a law practice providing legal services, the external brand perception for Support Legal and personal reputation of myself as a lawyer are crucial to successful practice.
That being said, my internal processes go along way to maintaining a quality brand perception and good legal services. Therefore I believe that you can't have success in one without success in the other.
From what I can see there is a premium membership i.e Gold Supplier but there is the ability to use AliBaba as a buyer and a supplier for free.
You will find that the most important thing for a buyer to find a supplier in Alibaba is trust. To gain trust, supplier attains the Gold Supplier status from Alibaba, that's how traditionally Alibaba make their money. Nowadays, Alibaba makes money in a lot of ways.
Hello Everyone, I am about to launch Guest Posting website, and My site niche is Tours on Bikes, as you see in my domain. My main question is how I earn money with my site, I setup Guest post option in my site, People share their blogs, Articles etc... for back link, but M still confuse how do i earn money with that site? Is adsense is Good for it? or should i go to some other options? Site is still not Launched m currently working on it. some of sections are still empty, But M sharing link. www.bikestours.com Please have a look and tell me how to earn money? Thanks
To me, you're asking the wrong question.
The question should have been: How do I get people to write guest posts for my tour guide/bike hire/camping supply business?
The people who made money out of every goldrush in history were the merchants selling shovels, not the diggers and prospectors.
With the introduction of lean canvases, do we still see value in creating business plans?
Laura Humphreys, Freedom Mentor at Liber8 your Business
That is like asking if maps are a thing of the past. You need a map to get where you are going - especially if you've never been there. These days you have a GPS, but it's still a map, just using technology to make it more efficient. Business is about having a vision then knowing how you are going to get there, and executing your strategies. A sloppy business owner will attempt to do it blind, without a plan. A disciplined business owner will articulate their strategies in writing, relate these to the targets they set, then monitor and adapt as they go. When you write these things down, it comes out as a business plan. Time doesn't change this, no matter what technology is doing for us, we still need to have an idea of what we are building, what problem we are solving, the size of the market for our offering, the competitive landscape and how it will scale and then put some disciplines in place to ensure we do things effectively.
For small businesses 100 page plan documents full of fluff and not a lot of real accountable substance are few and far between.
From what I have seen even a 1 page plan which is actively followed, monitored and updated every 3 - 6 months is very now and worth its weight in gold.
A practical approach I have more recently incorporated is best summarised as follows:
What topics would you like covered on the day - self or work matters. Any Motivating Videos you could suggest? I've done a bit of training for this client already, so a I've used a lot of my good stuff.
We did personality profiles on a team building day. Was really insightful, got us all understanding each other a bit better and how to work better with each other.
Last year I started my business artation which is making art work for team building. Working to a theme of your choice we provide a painting activity for your people. For example the theme of the painting might be the aims of the conference or the values of the company etc. The participants work in small groups to paint on a canvas. No painting experience is necessary. Each group is given a plan to follow. Teams need to communicate and collaborate to make their painting on canvas successful. This is the absolute opposite of competitive team building. At the end of the session all the groups put their canvases together, like a puzzle coming together to reveal the big picture.
Later the painting can be exhibited in the office as a constant and tangible reminder of the team building day and what they can achieve together.
If you are a small business owner, and just want to collect payments, have a look at both PayPal and Stripe. Neither of them have monthly charges, just a set percentage of the transaction, and both are easy to integrate into a website, especially if you use Wordpress to build your website, which you should do. :-)
All Australian banks charge a setup fee, plus a monthly fee regardless whether you actually make any sales or not, so I strongly recommend looking at Stripe in particular, but you may already have a PayPal account, and it is easy and free to upgrade it to a business account.
I have some debts that need collecting.
Have you download the CollectMore app on your mobile phone?
Has some great ideas on how to most effectually get money from people that owe you.
Not a lawyer, but having written them quite a few times before, and given the circumstances, I wouldn't sweat the quality of your prose. They just need to do a few things so however you word them is fine - with one small ethical warning.
Practically, as long as you state specifically what the claim is for (reference to original task and/or invoice), and when specifically you need it paid (day & time Friday at 5pm is always a good one) and give them a reasonable amount of time to make payment (2 weeks would usually be more than enough) you're pretty much there. That covers the actual 'demand' part.
Two things you may want to consider:
1. You may also like to say pay it by this date OR if you have a query regarding the charge, enquire by the date (assuming they haven't already).
2. You will also need to decide on the tone of your letter. If it's all out war, you have nothing to lose, just be short, sharp and shiny. If there is ANY chance at all of getting payment through negotiation, don't be afraid to soften it a little and write like you'd speak to someone you actually like. ie "I know this has gone on a while now and is not ideal for either of us, but I really need to do something to bring it to a close. I'd really appreciate you contacting me to resolve this or if you don't have any queries about the charge, paying by time and date below so i don't have to look at alternative ways of getting it resolved... "