Now that you have gotten some business and management training under your belt, you can revise, correct and streamline your business plan. This of course does not assure you that it will get done, no matter how beautiful it is. You need to actually do steps of this plan. To make sure you keep working on plan targets, I suggest you do some of your targets every day. This has to be done while at same time delivering your service or making your product you will find that each week work gets easier, production increases and business becomes more organized. Today’s organization of business is tomorrow’s expansion. Expansion cannot occur without organizing to make production smoother. If you do not spend time in organizing, then you will become like all people who just work harder and harder each day trying to catch up on yesterdays work. This brings us to rule number five. This is rule to not follow crowd. And what is crowd doing? “Most people so busy working that they haven’t got time to get rich.”

Conclusion;

Find a path you would like to go down, make a step-by-step plan on how you are going to get this plan done. Put completion dates on each item in plan. Get a business education and then decide best use of your available capital and labor. Constantly work to streamline business to run more smoothly while at same time, keep your daily production and sales increasing. The constant balancing of producing a product and making company run smoother so it can increase production in future is you’re your most important job as owner of a business that is going to support you with a large abundant income.

5.I conduct a semi-annual performance management process with all employeesYesNo

6.I have documented grievance, discrimination, workplace bullying & sexual harassment policies in placeYesNo

7.I have a written termination procedure and policy in placeYesNo

8.My employees have been trained and understand that we do not accept discrimination, workplace bullying & sexual harassmentYesNo

9.Minor workplace issues are not taking to much of my timeYesNo

10.We have low employee turnover compared to our industry averageYesNo

11.I provide my employees with regular constructive feedback and reward them where appropriateYesNo

RATINGS

11 from 11well done

10 from 11well done, almost there

9 from 11very good and tie up loose ends

8 from 11good and you must tighten up these loose ends

7 from 10you have a high risk profile, take action

6 or less from 11remedial action urgently required to ‘protect’ your business

For more information see www.biz-momentum.com

Philip Lye is Director of Biz Momentum Pty Ltd and provides professional management services for -

•Strategic Human Resource Management •Employee Relations Advice •Workplace Health & Safety Compliance Strategies •Management Skills Training