Step 8 of Building a Better Business

Step 8 of Building a Better Business

Build strong networks to generate referrals Referrals are the easiest way to generate new business, and building strong networks is a great way to generate referrals. Networking and referrals are cost-effective ways to grow your business, as the return on investment...
Step 7 of Building a Better Business

Step 7 of Building a Better Business

Get someone independent to hold you to account Have you ever set a New Year’s resolution and then reset the same one again the following year? It’s widely recognised that approximately 80% of New Year’s resolutions fail. How can we increase our chances of...
Step 6 of Building a Better Business

Step 6 of Building a Better Business

Be a better leader; build a strong workplace culture Being a better leader and building a strong workplace culture is crucial to having a better business. Have you ever considered whether your workplace is toxic? With the average person spending more than 40,000 hours...
Step 5 of Building a Better Business

Step 5 of Building a Better Business

Get your organisation structure right Your ideal structure will allow your business to become more efficient and achieve economies of scale. This increases your bottom line returns at a greater rate than your revenue. Your organisation structure should allow your...
Step 4 of Building a Better Business

Step 4 of Building a Better Business

Make a plan You know what you want from your business; now it’s time to plan how to get it. Start by deciding what you want personally from your business. For example, if you need $100,000 p.a. to cover your living costs and a family holiday, and your overheads are...
Step 3 of Building a Better Business

Step 3 of Building a Better Business

Define exactly where you are now  This crucial step is so often overlooked. But without knowing your starting point, you don’t know what your path to success looks like. It sounds obvious, but many business owners plan for the future without fully understanding...