Back to TIPS 81 -
90 TIPS
91 - 101
Hot Tip
#91
Hot Tip
#92
Hot Tip
#93
Hot Tip
#94
Hot Tip
#95
Hot Tip
#96
Hot Tip
#97
Hot Tip
#98
Hot Tip
#99
Hot Tip
#100
Hot Tip
#101
If you employ
any staff - go on a leadership course.
What is your
break even figure? Do your current sales cover this? If not what are you
going to do? Reduce costs immediately! Put in a short term plan of action.
Tell the bank what action you are taking.
When dealing
with the bank tell them the good news, tell them the bad news but NEVER
surprise them.
Some businesses
don't like Banks because Banks will want their money back.
Partnerships
don't usually work. Set it up as a Limited Company or if you must have
a partnership at least get a legal partnership agreement.
91% of businesses
pay an outstanding invoice on receipt of a lawyers letter.
Avoid going
to court. Only the lawyer wins. Better to attend a negotiating course
and then see your adversary face to face.
Develop a niche
market - become a well known expert at something and charge top price
in your mini monopoly.
12
Top words in business: Now, New, Breakthrough, Secrets, Only, Facts, Love,
Hate, Bargain, Truth, and the top two? FREE and YOU!
There are no
general rules in business.
From our experience
over 20 years the businesses that have worked well:
Have a clear vision of the future business.
Have goals and a business plan.
Are customer focused.
Owner is both leader and a team player.
Have a learning culture.
Have tolerance for failure.
Have enough humility to ask for help.
Have an organisation chart and a structure.
Have operating procedures and manual.
Know that small detail can have a massive impact on results.
Telephone
us on 01902 335507|
©2002
Training Projects all rights reserved.
Site
developed & maintained by
Wisdom
Solutions Limited |