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Murray Priestley works with business owners to deliver more bottom line profits, while working less hours. This is possible through the use of the Business Autopilot methodology. For a Free Autopilot Assessment where you can find out how easy it maybe to autopilot your business and increase your profits from 25 to 100% within 180 days guaranteed, please visit http://www.systemised.com/assessment
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Critical Success FactorsIn business, success depends on more than luck. It takes many months, often years, to know whether your business will succeed or not. The trick is to make sure you have the cash to stay in the game, the flexibility to discover what works and the consistency to build from your base. Branches and Franchises as Business Growth ModelsBusiness owners gain leverage by borrowing money, enabling them to expand operations, increase the worth of the business, and increase profits far beyond what they could have managed on their cash flow alone. A manager gains leverage by delegating tasks to employees, thus multiplying his personal efforts many times over. Business ModelsA business model succinctly describes how your business will make money. It is shorthand, insuring that all your business bases are covered, detailing only the essential elements: how you produce a product or service people want, how you tell people about it so that they want it, how you put that product in their hands, and how you make a profit. The Systems ApproachGoing the systems way is more often than not the time for reappointing yourself as something other than the CEO or managing director. Sometimes letting go of your company’s reins is the only smart choice. That doesn’t mean you have to like it. Developing Effective HabitsJust because you are armed with a business plan or a set of strategic goals does not mean that running your business will be any easier. There is work to be done to get the systems, procedures and organisational structure right. Ray Kroc (of McDonalds fame) sweated over this for a considerable time before he was confident that a franchise operator could come in and switch on the lights and power and deliver the same high-quality hamburger time and time again. Every detail of the business has to Perfect Processes Will Produce Perfect ResultsLike castor oil given to a young child, business people will take a dose of common sense only if it is forced down their throats. Now may be the time to do just that if you are still operating under the delusion that your business is merely offering you an occupation. If your business is starting to feel more like owning a job – a bad job – than a business then it’s time to find a new way of doing business.
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