Here’s a quick approach to planning in your business.
“Our greatest lack is not money for any undertaking, but rather ideas,
If the ideas are good, cash will somehow flow to where it is needed.” Robert H. Schuller
CASH FLOWS: Take some time now to review your current cash flows and make some projections for where you’ll see yourself in three to six months. When we work with our clients we look forward in three month blocks as it keeps us all in touch with the day to day and month to month fluctuations in the business.
SEASONALITY: Understand the nature of your business. Look at how demand and cash flows varied over the course of last year, and think about how this seasonality will play out in the new year. Project your sales and cash flows accordingly.
TIME OUT: When you plan and project your cash flows, map out your “time out “ too. You are a critical part of your business, so it’s important that you’re looking after yourself. By planning ahead and building in some “down-time” you will always be able to afford to take a break knowing your cash flows are still manageable.
“If you want to reach a goal, you must ‘see the reaching’ in your own mind
before you actually arrive at your goal” Zig Ziglar
GOALS: It’s the time to set your goals and business strategies to support your cash flow.
EXISTING CUSTOMERS: Plan your sales strategies. Ask yourself how you can retain your existing customers and come up with new ways to encourage them to spend more with you.
NEW CUSTOMERS: Plan and implement steps to introduce new clients to your business. Focus on your your “competitive niche”. Ask yourself why would someone want to buy your products or services? How can you best communicate with them?
Want to learn more about planning for the new year the Quantum Compass way?
It’s as simple as 1… 2… 3…
2: Come along to the next “Action Planning” workshop. E-mail Quantum Compass: ActionPlanning@QuantumCompass.com.au for details of the next half day session near you.
3: Contact Vinh for a no cost, no obligation coaching session: www.quantumcompass.com.au/freecoaching.ph
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