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Developing your Systems and Processes? Here’s One Fundamental Shifts to Start With

Systems and processes.
We all want to do it. Some already have done something about it. And a few have mastered how to really put it into action. 
So where does your business fit? Here’s a quick test. If you are away from your office for like 2-3 weeks, would your business run as normal? You’d probably say you can’t, because you’re a key person in your business and you can’t be away for too long.
There comes a time for most business owners when they realise that they no longer want to be the KEY person in the business. Because being the key person means being tied to the daily chores in the business and if they stop, everything in the business stops.
And we want to change that. 

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3 Tips to Ensure Your Employees Execute your Strategy

Some of the most brilliant strategies developed are only worth the paper they are printed on if they aren’t executed well, specifically by your front line employees who are interacting with your customers daily. Nowadays, employees are being asked to execute strategies which are unfamiliar to them having been curated by top management.

According to the founders of the Balanced Scorecard; Robert Kaplan and David Norton, only 5% of employees understand their company’s strategy.

So how can you help frontline employees understand and drive your company’s strategy?

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“I find that sometimes as a business owner, it can be a bit of a lonely game and you tend to feel isolated sometimes having to make important decisions (alone). So, it was great to have somebody independent to really help us put in writing where we want to be and how are we going to get there.”Glen Reilly, Fitzpatricks Newcastle.

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“I initially reach out to Your Business Momentum because I wasn't very happy anymore. I was tired. I was struggling to leverage the potential that I had in the business and I was almost at a point where if things didn't change, I was actually going to sell. But I knew I didn't want to sell. I knew there was more that I had in me and more I had in my business. I just needed to find a way to do that.”Rachel Hall, Evolve Dental Healing.

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Creating the Right Mindset to Prepare Your Business to Sell

Perhaps you've owned your business for some time and now wish to retire, or maybe you have outgrown your current business and wish to pursue other avenues. Whatever the case, there are some steps to take before you put up that 'For Sale' sign. Getting into the right mindset to sell your business is a process, and here are essential points that will help set you on the right path. 

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Incorporating strategic business advice can be the ‘Next Big Thing’ for Accountants

The world of accounting has undergone a number of substantial evolutions in recent decades. While change is inevitable, it can be said that some evolutions have stemmed from accounting professionals ‘falling asleep at the wheel’ and failing to be proactive when necessary. The rise of financial planning as a new, sought-after and viable profession in the late 1980s is one example.

During that time, I was studying accounting and sensed the emergence of the ‘advice market’. That’s when I seized the opportunity to upskill myself, moving from crunching client data to turning that data into actionable client advice.

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Thank you for joining us at Queensland Small Business Week 2018

Thank you for joining our online events at the Queensland Small Business Week 2018!

Queensland Small Business Week 2018 (QSBW 2018) celebrated the vital contribution small business makes to Queensland's vibrant economy with over 160 events being held around the state, supported by more than 6000 participants.

As part of this event, the team at Your Business Momentum hosted three 30-minute webinar series to give small business owners the opportunity to gain helpful insights and learn new techniques for growing and improving their business.

See below to watch or download the webinar recordings and slides presentations from last week’s sessions.

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Cultivate an independent team with these easy to implement tips

When you think about your current team, what words come to mind? Are they proactive, resourceful and assured? Or are they ambivalent, meek and needy?  

The success of any business relies heavily on the ability of its employees to work confidently and independently. So how do you, as a manager, promote these positive attributes within your team? 

Here are six tips you can use to cultivate a team of independent employees who will strengthen your business while achieving set tasks, goals and targets.

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Ready to take your business to the next level?

We get owners out of the day-to-day running of their business. We'd love to work with you to identify your strengths, pinpoint gaps and opportunities, and develop a game plan for your future success.