Business Plans- What Consultants Don’t tell You!

Written by Greg Chapman


Copyright 2005 Empower Business Solutions

Do you have a Business Plan? Congratulations, but you are in a small minority. And if you have a plan, is it integral to your business, and instrumental to its growth? Ifrepparttar answer to this question is yes, then you need to read no further. However, most business owners who actually go torepparttar 140652 trouble to write a business plan have left it languishing on their bottom shelf, gathering dust! This isrepparttar 140653 dirty little secret of business consultants.

Most business consultants are only interested in selling their time or their ‘Business Plan in a Box’ but know that for a business plan to be useful, it has to be part of a Business Management System. But this is a much harder proposition forrepparttar 140654 consultant to sell, particularly to small business owners who are just looking for a quick fix. So most consultants just sell a quick fix solution- a business plan that they know will, within months, end up onrepparttar 140655 bottom shelf. Once owners have prepared their “fill inrepparttar 140656 blanks” plan, they expect it to transform their business overnight just by its mere existence. And because this does not happen, they never look at it again.

Business Plans do work, but you have to make them work. It is not a one-off exercise. If you buy a ‘Business Plan in a Box’, you need to understand that you are responsible for maintainingrepparttar 140657 plan. You also need to satisfy yourself thatrepparttar 140658 product you buy is not just a fill inrepparttar 140659 blanks product. These plans always end up onrepparttar 140660 bottom shelf. They don’t show you how to do your strategic analysis (which is never a fill inrepparttar 140661 blanks exercise- no matter what someone tells you).

Defense Wins in Baseball- Not Business

Written by Bart Latimer


Defense Wins in Baseball- Not Business By: Bart Latimer

First, I want to go on record as believing defense does, in fact, play a significant role in business. The protection of both tangible and intangible assets through legal maneuvers, insurance, safety measures, etc, is a necessary form of “defense” every person running a business must plan for and execute.

Now that you have a feel of what I consider to be “defense” within an organization, how would you definerepparttar Sales and Marketing arm of your company? Most people, without hesitation, say, “Offense.” The aggregate gist ofrepparttar 140634 explanation is something like this- “After all, I advertise in three different publications and send five Account Executives throughoutrepparttar 140635 territory daily, so I am confident we get our share ofrepparttar 140636 pie.” Onrepparttar 140637 surface,repparttar 140638 activity I just described does sound like offense. But, is it? It was offense when my Grandfather was selling. It was considered offense when my Father was selling. To be honest, as recently as when I began selling,repparttar 140639 above scenario was considered offense.

The key difference is that today’s markets are faster, more competitive, and ever-changing. Sales and marketing efforts can inadvertently and quickly turn into “defense” due to a myriad of factors such as JIT inventory practices, global competition, and geopolitical undercurrents. But, above all, change isrepparttar 140640 predominant element which makes a sales or marketing team play defense, rather than offense.

A Real Life Example of “Defensive Selling” Affecting an Entire Industry

This story is industry-specific, but we all have a similar story. Have you ever heardrepparttar 140641 term, “Paperless society?” Beginning inrepparttar 140642 late 1990’s, commercial printing paper mills began closing, consolidating, and doing everything possible to stay afloat.

A group of people who for years prior had played offense, putting huge numbers onrepparttar 140643 board, earning great money, and having a certain degree of leverage with clients due to a healthy, firm market were now playing defense. Not only wasrepparttar 140644 business itself in decline, but margins eroded, morale suffered, andrepparttar 140645 rut seemed to get deeper byrepparttar 140646 day. Sales conferences which were once motivational, fun, and full of success stories began to feel like a funeral for a much beloved industry. Under heavy fire, cries to management all carried a universal theme- “Our customers are suffering.”

Which company began making money again? The one that decided they dislikedrepparttar 140647 role of defense and changed positions. In hindsight,repparttar 140648 solution is almost too simple. Ifrepparttar 140649 root problem was that customers were suffering, then helping them should have beenrepparttar 140650 first action taken.

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