Businesses need mission statements to tell the public and especially their customers what it is the business does.
One of the early-developed lean tools, developed in the 1930’s, is The 5 Whys. It is a problem-solving technique developed by the founder of Toyota Industries Corporation, Sakichi Toyoda. It's also useful for solving your business problems, regardless of your industry.
Companies using a calendar year to do their financial statements need to take this time of the year to do budgeting for next year. Budgeting? Why would a company need that? Just do their thing – sell and hope for the best? That’s NOT a good way to run a company. Not good at all. All the big corporations budget everything – sales, expenses by category, cash flow, etc, etc. And, they do it on a quarterly basis. Why? One, they want a target that they believe they need to hit and so they then plan what they must do to hit that target. And, secondly, they use it for accountability – to measure the performance of each subsidiary or department that fed their budgets into the overall budget. Planning and accountability.
This event will include educational presentations and panel discussions that help both new and existing businesses to recover, adapt and innovate. Read more
Discover Google Workspace tools that can help you work and manage your small business remotely. Read more
Come prepared with a pen and paper, as you’ll walk away with a business plan that you can begin to execute immediately. Read more
Three fearless women entrepreneurs share success growing globally, connecting across languages and entering China – all to help you make the world your business. Read more
Are you unsure of where all the revenue in your business goes, but feel you should have more? Do you struggle to keep cash flowing? If yes, this webinar is for you. Read more
This game-changing webinar will show you the way to avoid the Solopreneur's Trap, and the path to creating significant wealth and time for you and your family. Read more