All tagged start up

The 5 things your business can't live without...

OK so this is the second time I’ve written about this but the more clients I work with and the more I learn, the more I think this message bears repeating. For all the advice there is out there about how to run a business, there are really only 5 very basic things that every business needs to do well. And yet, I find very few businesses that have all of these nailed.

I’ve worked in, and with, businesses of all sizes. From multi billion pound blue chips that exist in hundreds of countries to kitchen table enterprises that are just getting off the ground and literally everything in between. And only a handful have all 5 of these things down pat. They all do some of these things, and some of them do all of them to some extent but none do all of them, all of the time.

I thought when I started working with small businesses and start ups that they would be hugely different to the big corporates. And they are, massively different –

The 3 processes your business can't live without...

I’ve written about the sleep inducing powers of talking about systems and process before. It's something I've encountered the whole of my career - tell someone they need process in their business and their eyes glaze over. Ask them what they want to fix though, or what's holding them back, and they get a whole lot more animated. In 90% of those conversations, the answer to their problems or the thing that will get them unstuck is... you guessed it... a process.

There are three key processes that every business needs. The don’t need to take up huge amounts of time and if you implement and follow these three processes consistently, not only will you have a more profitable and sustainable business, you will also feel more sane and have more time for the good stuff like strategy and, well, the odd day off perhaps!