Freedom Managers Your Management Partner http://www.freedommanagers.com Your Management Partner Sat, 30 Jan 2010 00:51:51 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 6 Reasons to Update Your Business Plan Now http://www.freedommanagers.com/newsletters/6-reasons-to-update-your-business-plan-now/ http://www.freedommanagers.com/newsletters/6-reasons-to-update-your-business-plan-now/#comments Fri, 16 Jan 2009 12:30:31 +0000 Kevin http://www.freedommanagers.com/?p=296 A business plan is not something you write and then toss in a drawer. It’s an ongoing blueprint of what you want to accomplish and how you plan to get there.
Here are just a few of the reasons for keeping your plan up to date:

1. Changing Markets
The most obvious reason for updating your plan is that the market is changing.

2. New Products
You’ve got a new product that will have a dramatic effect on your business. Your current plan might not take the new product into account.

3. You Need More Money
You’re about to approach your bank or investors about borrowing money. Because they have a financial decision to make they are going to want to see an updated plan.

4. New Management
You’ve recently overhauled your management team. Because you now have new people in charge your plan needs to reflect that.

5. A New Fiscal Year
The new fiscal year is about to roll around. This means it is time to set some new goals for your business.

6. Hitting New Highs
And of course one of the best reasons of all is that you may have passed a financial benchmark such as a million dollars in sales for the year. A major event is always a good cause for getting your plan up to date.

Always remember your business plan won’t be able to help you if it doesn’t reflect your current situation.

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]]> http://www.freedommanagers.com/newsletters/6-reasons-to-update-your-business-plan-now/feed/ 2 Top 10 New Year’s Resolutions for Small Businesses http://www.freedommanagers.com/newsletters/top-10-new-years-resolutions-for-small-businesses/ http://www.freedommanagers.com/newsletters/top-10-new-years-resolutions-for-small-businesses/#comments Fri, 09 Jan 2009 12:30:09 +0000 Kevin http://www.freedommanagers.com/?p=288 The end of the year is a good time to reflect on your business’s progress over the past year and plan how you want your business to develop. Do you want increased success in 2008 or the chance to enjoy the success you’ve achieved more? These top 10 New Year’s resolutions are designed to help you strike a better work-life balance, so you can achieve a truly satisfying success in the New Year.

1. Learn how to delegate and do more of it.

2. Promote your business regularly and consistently.

3. Make business planning a weekly event.

4. Learn something new.

5. Join a new business organization or networking group.

6. Give something back to your community.

7. Put time for you on your calendar.

8. Set realistic goals.

9. Don’t make do; get a new one.

10. Drop what’s not working for you and move on.

Achieving a healthy work-life balance is like maintaining a good relationship; you have to keep working on it. But if you apply these New Year’s resolutions throughout the year, your success is guaranteed!

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