You may well ask yourself – What do tomato plants and your plans have in common? If you’ve ever gardened, you know the excitement in Spring when you head off to the local garden center and buy those little boxes of tiny tomato plants. You have images of fresh tomato sandwiches floating in your head.…
What Is a Budget? A budget is a projection of your future income (Revenue) and expenses for a specific period, usually a year. Like everything in your business, the “money stuff” must be planned AND managed. The tool to help you do this is your budget. Your budget is the financial plan for your business.…
When you launched your business, you knew the start-up phase would be challenging. But here it is, several years later, and it doesn’t feel like you are any further ahead. You’re pretty organized, have great ideas, and certainly work hard. What happened? Why has it become so difficult to manage your business? We call this being…
Published: May 14th, 2020; By: Judi Hughes It’s time to look past our current situation and set our focus on the future and the growth of our business. None of us have been through this before so we are bound to make mistakes and fumble a bit. That’s okay there is room for error and…
Published: September 28th, 2018; By: Judi Hughes When I first started in business, some colleagues gifted me a crystal ball and a magic wand. The crystal ball to look into the future and the magic wand to make things happen. They assured me this was all I would need to build my perfect business. That…
Published: February 28th, 2017; By: Judi Hughes No matter the size of the company, there will be a time that you run out of money. In his book ‘Screw It, Let’s Do It: Lessons in Life’, Richard Branson tells the story of having to sell Virgin Music to EMI for a billion dollars to keep…
To grow a successful business you must manage it holistically. You must focus on the complete business and not just its individual parts. The Balanced Business Wheel™ shows us that a business is made up of eight connected components that must all work together in harmony. With client delivery, and other day-to-day issues of growing…
Published: December 2nd, 2015; by Judi Hughes “Always plan ahead. It wasn’t raining when Noah built the ark”, wrote Richard Cushing. As we approach a new year it is traditionally the time to think about the future. To lay out plans for our business; to set targets and identify new initiatives that will result in a…
Published: September 23rd, 2015; by Judi Hughes It’s been said that it takes between 7 to 12 “touches” to turn a qualified prospect into a paying client. That concept can seem overwhelming, especially if you are the one responsible for managing all your marketing touch-points. However, successfully promoting your business is more manageable than you…
If you want your business to be successful then you need to plan for it. Planning the future of your business is the most important responsibility you have. As described in the last blog a plan provides you with a very clear understanding of the destination of the business. With a clear destination you can…