Archive for August 16th, 2007
Effective Business Management – Six Keys to Running a Thriving Business

When we start a business we spend a great deal of time in the planning cycle to make sure that when we “open our doors” for the first time nothing is overlooked. We do this so that we can attract clients and ensure that our business will succeed. What, however, are we doing to ensure that our businesses continue to succeed and thrive in this busy world? Remember that there are three components to the business cycle; birth, growth and death. So what are you doing to ensure that you remain in the growth stage and your business continues to survive? There are six key points to remember to ensure that your business continues to thrive and grow.

Expect Perfection
You worked hard to gain your clients and you should expect nothing less than perfection for your clients. When you complete a project be sure to go back and review the work you did. After all it is better for you to find an error before the client does isn’t it? If you feel better have someone else review the work as well since sometimes a second set of eyes can see things you have overlooked.

Put Your Business First
This may seem like a backwards statement and you might be thinking that you should put your clients first, but I do not agree with that perception. If you are not working to ensure that you have a strong and thriving business of your own then you can’t possibly work consciously knowing that your business is struggling. Be sure to set aside a dedicated amount of time each day, each week or each month to solely work on developing and implementing new strategies and plans for your own business.

Equilibrium
Learn to find balance as it is one of the most important things you can do for the growth of your business. You need a good balance between work and play, work and family and billable and non-billable time. For each person this balance will be difference, but the key to determining if you have found the balance is through the knowledge that there is not a facet of your business or personal life that is suffering as a result of another.

Marketing Never Ends
Remember to always be persistent with your marketing. Even when your business is booming, don’t give up on your marketing efforts. This is the only true way to ensure that your business will continue to grow and thrive. If you were to lose a client tomorrow you want to know that you have already planted the seeds for new clients to walk through those doors.

Don’t Go it Alone
You can’t possibly be everything to everyone and the same holds true in business. There are bound to be areas of your business that you are not as proficient, not as motivated or lack the time to complete. Don’t ever be afraid to ask others to help you in those areas. Reach out and ask others that might have the knowledge you are seeking and the answers to the questions you have. You will spend a lot more time struggling to find the answers that aren’t right in front of you.

Be Yourself
The easiest way to ensure a thriving business that is most overlooked is to simply be yourself. Don’t ever try to be something you are not and pretend to be what you think the client wants you to be. It is way to hard on both you and your business to have to act a certain way or portray a certain role that is just not you. If someone doesn’t like who you are or what you stand for in business remember they are NOT the client for you. If you can’t be true to yourself and your business always, there is no way you can expect to have a thriving business.

By remembering these key points, you are sure to become a person and a business that everyone will want to do business with. Potential clients will respect you more if you are running a successful and thriving business.