Your Business Plan Should Establish Milestones For Targets (Objectives)

Many entrepreneurs set out on the path of realizing their dream occupation completely by chance. Others have a clear & concisely planned objective prior to performing their first service or building their first product. Either way, establishing a set of objectives (milestones) is always important and also provides positive reinforcement that progress is actually being made. Entrepreneurs can easily become so entrenched in running their company that they lose awareness of whether they are gaining ground or even worse, losing too much until it is too late to react in time.

Start small (baby steps) & build upon where you see yourself in a year, two, five & then ten years. It is always much better to establish easily achievable gains in the beginning then (and only then), steadily begin raising the bar as you become better at accomplishing each goal. Remember that it is always much better to make progress no matter how slight it may actually be. Even the smallest of gains will serve to add a gradual, escalating form of inspiration which culminates sufficiently to afford enough positive progress that any minor setbacks are easily diminished. As you become better at surpassing your initial gains try raising the bar a little more but remember to be realistic & think twice before biting off more than you can chew.

NEVER forget to plan your exit strategy, despite the fact that you may be really enjoying yourself or perhaps you become too busy to even think about it. The best words I ever heard from one of the most successful people I know were: “do what you love & love what you do”, “It won’t ever seem […]

Take YOUR Company -Or Idea-To The Next Level!

Do you have an innovative idea? A passion which is turning into a business?  A small business which needs some controlled growth? Perhaps you are a going concern which needs a specific funding amount in order to get to the next level?

We can help.

It’s not always obvious, but often one is looking right AT the solution to the business problems one is facing! Do you strive to try and see the light at the end of the tunnel?

Here is an example:

One of the most common pitfalls for small businesses is out-of-control growth. When orders start piling up and additional staff is required.  There is frequently a period of time where the company has insufficient cash flow to hire the required staff to fulfill orders.  This often stalls growth and can even cause the failure of a company.

It’s a catch-22 and can be very hard to overcome. Business owners sometimes try to address the problem by working for every waking hour of their lives. This has been known to work but is probably the least preferred solution to the (otherwise great) business problem of having too many orders and not enough staff.

Other solutions may include hiring interns, getting a business loan or operating line of credit. In fact there are more solutions than problems!

Call us to help you explore your options and arrive at the path to your company’s sustainable growth strategy. Services include Business Plan Writing, One-On-One Consulting, Assistance With Funding Procurement – and more:

Click here to inquire about how we can help or phone 604.757.1969