How To Plan Your Business Success

Business Finance

how to plan your business success YBKBS Magazine article for small businesses and small business owners www.bestkeptbusinesssecret
Watch this article here...
By Staff Writer

Plan your work for today and everyday, then work your plan.”

Margaret Thatcher

Now a couple of years ago I worked with a small business that was very good at what it did. I’d like to think it was a bit of a dark horse or a ‘best kept secret’ in it’s industry.

But what it wasn’t good at was planning. In fact It was terrible at planning it’s business.

So how did we get them growing their business, smashing records AND being more profitable than ever before?

Well I’m going to share with you a practical way to get your small business marketing sorted AND be able to grow your business at the same time….

The figures looked good on the face of it. They were making sales, profit and growing. Daft thing was, that when they had planned something properly they were amazing. 

When they let things slide, slip and just rumble along, guess what? Their sales, profit and growth slid, slipped and barely grumbled let alone rumbled.

So the first key thing we did working together as business coach and clients, was to sit down and work out how they were going to plan. 

Now you don’t just sit down and write a plan, you have to kind of work backwards.

Let’s say it’s your Birthday and it’s one of those special ones. 

And for whatever reason you want a huge party with all your friends, family, workmates and loved ones there. 

So how do you go about it?

Firstly pick the date, time and venue.

Secondly, Twelve weeks out, send out the invites.

Now between these two points you can have updates, conversations and online chat about the event and build anticipation for what can only be described as the biggest p### up of the year. 

Plan activities from -11 weeks, slowly building up to daily promotion and activity at -1 week.

Why do I choose 12 weeks? 

Well I believe, in a small business working three months ahead gives you time to be nimble if things change; gives you enough time in amongst the day-to-day things that need to be done, to work on the event; gives you opportunity to slowly build anticipation for the event, instead of you banging on about it 24/7 a week prior to it and most importantly gives you the best chance of landing the event in the way you want, how you want and with the people you want. Now take this birthday and do it every month, with a different venue, at a different time and with different people. 

That’s how you plan your business. 

You must be planning at least a quarter ahead for these reasons

-There is little or no wasted time and money doing and promoting things last minute

-You give yourself time to make, build, provide and market something well, not half-arsed

-You keep your customers, clients and community interested without banging them over the head

-You can do more of what works and change what doesn’t without it looking like a last minute panic

-You’ll get faster and smarter in your decision making

PS The business I worked with? Over 250% up in their first year of planning!

Speak soon! 

.

Latest Articles

 

HMRC at Fault for Small Business Support Scheme Failures

A group of MP’s have said that HMRC’s outdated and old systems are at fault for why freelancers and small business owners have fallen through the CoVid19 Support Schemes

loneliness in business by Marc Ford MBA ybkbs magazine
 

Loneliness For Business Owners – a Silent Killer?

Being self employed and running your own business can be one pf the greatest thing you can do for yourself and your family in your life. It can open so many doors, so many opportunities and lead to a legacy that your friends, family and customers will benefit for years to come. But it’s also one of the loneliest places on earth too…it could be one of the deadliest things we don’t talk about.

So when I see self-appointed experts posting nothing but these shallow platitudes, using them to sell absurdly expensive programmes or online courses that will undoubtedly contain more of the same, I can’t help but see it as a form of preying on people at a time when they are already vulnerable.
 

Pseudo-Motivation Masquerading as Business Advice Isn’t Just Annoying, It’s Harmful

There’s a pandemic which seems to be spreading. It’s aimed at small business owners and it’s not just annoying, it’s potentially harmful and dangerous.

 

How To Get Free Customers and Clients

Let’s look at one of the cheapest ways to boost your business status and marketing with networking.

Listen to Our Podcast...