Stay Focussed And Build Your Business Huntsville AL

You have a detailed business plan, which showed the overall intent of your company. You presented the business plan to your bank before start-up and they submitted funding in the amount that you both deemed acceptable.

Local Companies

Center For the Management of Science and Technology
(256) 824-6407
301 Sparkman Dr NW
Huntsville, AL
Womens Business Center of North Alabama Fax
(256) 883-9943
185 Chateau Dr SW
Huntsville, AL
Labou Marketing Llc
(256) 539-3585
Huntsville, AL
Tutarus Inc
(256) 922-1555
6767 Old Madison Pike NW
Huntsville, AL
Biz Tech
(256) 704-6000
515 Sparkman Dr NW
Huntsville, AL
Quantitech Inc
(256) 650-6263
Huntsville, AL
Nibs Corporation
(256) 881-0732
13220 S Shawdee Rd SE
Huntsville, AL
Fidelity Tax and Payroll Services
(256) 534-5572
2707 Clinton Ave W
Huntsville, AL
Davidson Technologies
(256) 922-0720
530 Discovery Dr NW
Huntsville, AL
Lexis Investment Llc
(256) 489-6740
1580 Sparkman Dr NW Ste 106
Huntsville, AL

1. A marketing plan. If sales are a part of your operation (and it seems that some form of selling is always a big part of every company), then, you will need to have your sales group focussed on a marketing plan. Short term and longer-term analysis should be a part of this planning and will likely contain an analysis of your competition, market potential and sales projections. Be careful not to fall into the trap of letting “the business take care of itself”, stay focussed at all times and be sure your managers are tuned into this market monitoring regularly, nothing is more defeating to the general manager/owner than to be told by a sales manager!

2. Accounting procedures. If sales are important, then the need to stay focussed on receiving the proceeds from sales is equally important. Accounts payable, expenses and accounts receivable need to have fixed procedures in place to allow money to flow freely through the company coffers. Focussing on these procedures at regular weekly and monthly meetings will put the accounting and marketing groups on the same path. A rift between marketing and accounting is a common bureaucratic occurrence; so don't be surprised if one point you hear from someone from sales state, “We make the money here, how come I have to live by their rules?” Getting these two operations to stay focussed on a bottom line results oriented approach is a regular part of an owner's job description.

3. Human resources. If you have ever worked for a manager, who considered his employees as expenses rather than assets, then you will be familiar with the need for managers to stay focussed on human resources within the company. A manager who is fixated on staff reduction regardless of their accomplishments will create an atmosphere of fear. Certainly, no one wants to be grossly over-staffed, but a good owner/manager will focus on keeping adequate employee base numbers, and ensure continuing training, safety programs and top of the line employee benefits. It's your campground, why not have “happy campers?”

4. Selling your business. This does not mean selling in the true literal sense. It means focusing on being sure your company image is one that is the envy of your competitors and is known in the business world as a first class operation. You can do this by having key managers attending industry conferences. Be clear and tell them that their focus at these seminars is to network, thoroughly gathering as much new information that they can. They should also 'sell' other attendees on the importance and efficiency of their company in the industry. Upon their return, have follow-up meetings with these managers where they will report in detail on what they have learned. Managers attending conventions and seminars should take opportunities to enjoy themselves, nevertheless, they will be the “face” of your company, it's wise be sure that they focus on making them business meetings, and not all “playtime.”

If planning, organizing, staffing, direction and control are five major factors in managing a company, staying focussed throughout the process, is paramount!

About the Author:

Matt Bacak became "#1 Best Selling Author" in just a few short hours. Recent Entrepreneur Magazine’s e-Biz radio show host is turning Authors, Speakers, and Experts into Overnight Success Stories. Discover The Secrets http://promotingtips.com


Article Source:

thePhantomWriters Article Submission Service

Featured Local Company

Mountain Home Training & Consulting, Inc.

256-931-2372
1215 N. Brindlee Mountain Parkway
Arab, AL
http://www.mhc-net.com

Related Local Events
Youth Leadership
Dates: 12/2/2009 - 12/2/2009
Location: Chamber Boardroom
Athens, AL
View Details

Leadership Team Meeting
Dates: 12/3/2009 - 12/3/2009
Location: Albertville Chamber Of Commerce
Albertville, AL
View Details

Adult Leadership
Dates: 12/9/2009 - 12/9/2009
Location: Chamber Boardroom
Athens, AL
View Details

Adult Leadership Meeting
Dates: 1/21/2010 - 1/21/2010
Location: Chamber Boardroom
Athens, AL
View Details

Adult Leadership Class
Dates: 11/19/2009 - 11/19/2009
Location: Chamber Boardroom
Athens, AL
View Details

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History