Run a Successful BUSINESS –

                Try to build new products around gaps in the current market,  trends, and fashions.

        Flexibility allows the ability to change as the market changes.

        There’s an appetite for new products coming from consumer needs and expectations.

        Whatever you make in your business, if you don’t make a profit, you won’t make it for long.

A Handful of Tips to help you run a successful business

* Be a strong leader

        Lead teams with a vision.

        Delegate well.

        Involve your people in decision-making and planning.

        Consult your customers, and try to turn customers into partners.

        Be honest, ask simple basic questions and listen carefully – it’s amazing what you might learn. 

* Recruit with care

        You are only as good as the people on your team.       

        Hire the best people you can afford.

        Recruit ambitious people.

        Coach, train, and mentor your teams.

        “Train and gain” is an excellent motto to consider.

* Shed the past

        Move forward with the times.

        Reduce red tape and bureaucracy in your organization.

        Considered paying on results, not by the hour – if that’s possible.

        Try developing a flexible business.

        Let your people work from home and select their hours worked if they are performing well and getting good results.

        Delegate decision-making down to where the action takes place.

* Challenge workers to perform well

        Give people the opportunity to perform well.

        Improve all communications so all your people know clearly what is expected from them.

        Be honest and share problems and concerns with them.

        Challenge workers to perform new tasks, and to take on new responsibilities and initiatives.

        If your goals are clear and achievable, people are more likely to be enthusiastic about them.

        Praise good work and reward jobs well done – extra money can be a great incentive.  

* Aim for improved quality

        Set up continuous improvement programmes so workers feel proud of the products and services they are involved with.

        Build a team spirit by encouraging social and sporting activities and stimulating quality production.  

Geoffrey Moss (mossassociates.co.nz)

“ Business is not an end in itself, that end should be customer satisfaction.”

For those in need,  download our FREE book “NO JOB! WHAT NOW? available from our website.

Source: Time-Savers, Moss Associates.Ltd  New Zealand; McGraw-Hill, Australia; Times Business Books,  a Federal Publishing House, Singapore and  Qingdao Publishing House, China.