Ten Tools Every Business Needs to Thrive

What’s in your toolbox?  Are you equipped with the right things you need to make your business succeed?  Many entreprenuers think a business plan and seed money are all it takes to be profitable.  Maybe that’s whey so many businesses fail.  Don’t find yourself ill-equipped to handle the business breakdowns that come your way.  These tools are must-haves for the savvy businessperson looking to grow, expand and be profitable.

1. A vision, philosophy or guiding mission.
2. An up-to-date, current database with 2 sections: active clients and leads.  This needs to include: name, address, phone number, email address and employer.
3. A welcoming environment that reflects your vison.
4. Employees that are committed to your vision and aligned as a team.
5. Owner who creates goals and takes responsibility for producing results.
6. Consistent reporting of results produced.
7. A budget.  (Don’t say “no duh…” you’d be SHOCKED at how few business owners have, keep and manage one.)
8. Monthly team status updates including brainstorming for ideas to fill in the gap between where we are and where we want to be.
9. An owner, and employees, who are well-nurtured and balanced.
10. Play… if you’re having fun, people will want to join you (employees AND clients.)

Call to action:  Circle any of these that you currently DO NOT have in your business and schedule time to develop them and put them in action.