Are you comfortable in your business, or do you suffer from fear and uncertainty about where your business is heading and the progress you’re making towards its goals?
“I don’t do numbers!”
“What’s a P&L?”
“If I write it down, and don’t attain it, then I’ve failed.”
“I keep track of my expenses in my check register.”
Personally, I do numbers …. but, I have heard the above comments from an entrepreneur or business owner when discussing the current and/or future finances of their business. This “fear” of numbers can manifest itself in a few different ways.
THINK PLAN EXECUTE partners with entrepreneurs and small business owners to implement good management practices that shorten the path to the results they desire.
For an owner to move efficiently from “solo-preneur” to a “business” to a “company”, they need:
- CLARITY about reasonable and feasible short & long-term objectives
- STRUCTURE defining how to reach those objectives
- RESULTS – because without excellent execution against the objectives and plans, all you have is an idea
In 2009 I decided to brand my fledgling management consulting business as ‘Collaborative Xceleration’ with a focus on helping small business owners with ‘Excellent Execution’. So, when I started my blog, it was with that same focus on execution in business, hence the blog title ‘Business Execution’.
After over a year without any posts, I am retiring the blog name ‘Business Execution’ and replacing it with ‘Think Plan Execute’ to reflect my broader interest in the full life-cycle of starting and running a small business.
Stay tuned for more information from ‘Think Plan Execute’.
A number of years ago a new client responded to my question “can I see last year’s financials?” by handing me the check register for his business checking account. Ignoring some other issues (many?), this is indicative, to me, of a problem that many individuals have when they start their business – they don’t put processes in place to ensure that what needs to be done is a) being done, and b) being done in a standard and repeatable manner.
So when should you develop and implement processes for your business?