Wednesday, June 19, 2013

Your Business Plan - Highlighting Business Functions in the Operations and Management Plan

Unmanaged projects not only cost a business owner time and energy, they also cost money. Clearly defining the approach, procedures and steps needed for a project's optimal success is imperative. A flowchart clearly identifying the name of the project, the goal, and a breakdown of who's doing what is essential for each and every project on the table.

The Key To Starting And Running Your Business

In Brian Sher's book, What the Rich Know & Desperately Want to Keep Secret, he said "As far as I know, there are only five ways to make money:

  1. Steal it or cheat others out of theirs-which is risky and undermines your values.
  2. Inherit it.
  3. Put what you have in financial investments, which is perfect so long as you have perfect skills- or the right advice- and lots of patience.
  4. Work for it, which is both honest and noble-but won't make you rich without leverage.
  5. Go into business-the most effective way if you do your homework and pick the right business.
A well- run business can generate staggering profits and will outperform any other means of gaining wealth."
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