No video URL in the shortcode Plan to Rock This Year
- Why should you?
- Are you making the money that you need Are you making the money that you need or want? or want?
- Do you or your family deserve more?
- Have you tried and it hasn’t worked? Have you tried and it hasn’t worked?
- Do you want this year to be better?
- “Why” are you in business?
- How to Rock This Year
- Discover 3 things Most Successful Discover 3 things Most Successful Business Owners have mastered
- Find out 3 ways to convert your goals to Find out 3 ways to convert your goals to numbers
- Learn the secret to making sure you make your goals this year
- Discover 3 things Most Discover 3 things Most Successful Business Owners Successful Business Owners have mastered
- Try Not to Try Not to Do Everything Do Everything Themselves
- Owners think that each “to do” that is easy & will only take 5-10 minutes for them to do, they shouldn’t have to pay someone to do it, they can save money if they do it themselves.
- Before they know it, they have “45” 5-10 minute jobs and the business has come to a halt waiting on these jobs to be done.
- Business Revolves around 1 person
- Afraid to spend money for someone else to do it, and it actually costs the company more in the long run
- Owner should concentrate on things that others can’t do and they can
- Even if it takes longer for someone else to do it, it still gets done
- Don’t assume that you are the only one that is capable of doing the job
- Have “Action Management” and Focus on Actions that Generate Dollars
- “FIT” Failure to Implement
- Focus on 7 things each day that generate dollars for the company
- Monitor and follow up with employees, make sure that procedures are followed
- What isn’t managed isn’t considered important
- Easy to get caught up in “busy” work
- Think before you do each task for a week and delegate as much as possible and focus on money generating activities
- Need procedures to take advantage of opportunities
- How many times have you attended seminars or purchased programs and not even broken plastic on packaging?
- Need time-table of action
- Get an accountability peer or partner
- Accounting System Up To Date
- Difficult to manage business without good information
- You must have good information to make good decisions on a consistent basis
- Can’t plan to reduce taxes if you don’t know the current bottom line
- Can’t modify course of business without up to date information
- Too much time is spent on recreating history and not enough looking and planning to the future
- Use information to respond to marketplace
- Most owners don’t understand debits and credits, but they don’t have to.
- Taking a few hours to set up and learn software, can save hours and dollars later
- If you don’t know where you are going, then any road will get you there
- Find out 3 ways to convert your goals to numbers
- Spreadsheet
- Old fashion column pad
- Excel Spreadsheet
- Use history as starting point
- Needs to be at least monthly
- Modify for changes for this year
- Accounting Program
- Quickbooks has a function to allow for:
- Entering all numbers individually
- Increase each moth based on percentages
- Take annual number and divide by 12
- Business Plan Software
- It is not just when you are thinking about starting a business, update every year
- Financial section, walks you through asking questions about sales and expenses and creates the numbers based on the answers to your questions.
- Learn the Secrets to making sure you make your goals this year
- Put your budget into your accounting software
- Run Reports monthly-put on calendar
- Review them-put on calendar
- Get input from advisors-put on calendar
- Modify Budget as necessary and plan for
the future
- Summary
- You have an obligation to be successful!
- Never forget “why” you are in business…
- Be Smart and do what Successful Business Owners Do
- Use 1 of the 3 ways to convert your goals to numbers
- Follow the Secrets to achieve your goals and ROCK this year!