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Justin Woolich's Articles Display Category|Title|Newest|Oldest Is your Business Growing as Fast as you Planned? An important part of growing and developing your business revolves around the concept of identifying then measuring and tracking the Key Indicators in your business. This will save you from Business Failure... "67% of New Businesses Fail in the first 5 Years" We have all heard this statistic, or variations on it before. It's quite a scary fact when you consider the implications, especially if you have started or are about to start a new business. What is a Key Indicator and how will it Impact my Business? Key Indicators allow you to track the health and growth and performance of your business. By looking at what values are important, then tracking and measuring them over time, you can determine exactly where you are in your progress towards your business development goals. Why Use a Business Coach for Business Development? As business owners and managers we find ourselves thrust into our position through what is commonly referred to as “Promotion into Incompetence”. We move up through the ranks or start our own businesses based on our technical skills. Little consideration is given to the actual (non technical) skills and mindset required to manage people and run a business effectively. Strategic Planning: What is your Businesses Reason for Existence? As business owners and managers we are quite often caught up in the day to day work of running our businesses, dealing with clients, managing staff, developing new products and more often than not putting out fires. After all of this “work” is done there is no time left (or more importantly no energy left) to spend on what I consider to be the most important work that we face as business owners and managers, Business Development. Are You Prepared for Key Employees Leaving your Business Very few businesses can claim to be prepared for the loss of key staff. Quite often it is an unexpected and unplanned for event that causes quite a bit of disruption to business as usual. Liberate your Time by Developing your Company Organization Chart Your company’s organizational strategy is centred around the development and communication of your Organization Chart. The Organization Chart takes the form of a graphical representation of the positions in your company. New Technology, How to make the most of it in your Business! Technology is continually advancing allowing us to run our businesses better faster and cheaper than ever before. Quite often technology can be daunting to say the least. Technology is such a huge and diverse area. Key Indicators, How they will Benefit your Business Key Indicators allow you to track the health and growth of your business. By deciding what values are critical, then measuring them over time, you can determine exactly where you are in your progress towards your business development goals. Innovation, Working on your Business not in it. So what exactly does it mean to be Innovative and ‘Work On your business not in it’ and how is this possibly going to assist you in reaching your long term goals for your life and your business? Key Staff can and will leave your business, are you prepared? Very few businesses can claim to be prepared for the loss of key staff. Quite often it is an unexpected and unplanned for event that causes quite a bit of disruption to business as usual. Add Value by Documenting Your Business By documenting your business you communicate to your people exactly how your business operates and what work needs to be completed.

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