Three Ways to Get Out of the Day to Day

Running a thriving business is so much more than putting out fires in the day-to-day. In order for your business to THRIVE, and GROW, you’ll need new ways of working (no burn-kits required).

Decide where you’re going.

You need to spend time reflecting on the bigger picture of your business. Where are you headed? Where do you want to end up?  Go beyond thinking about the next six months to a year.  Think about where your business will arrive in 5-10 years. 

A Strategic Plan Helps Inform Larger Business Decisions

Ways to think bigger 

1. Take yourself out for coffee and reflect. Bring a journal, order a latte and ask yourself the following questions: 

  • Why did you create your business? 

  • Describe in detail your ideal role in the business. 

  • What is holding you back right now? 

  • What are you willing to do about it? 

 

2. Look at the businesses you admire who are ahead of you. Where have they landed?  How did they get there? Listen to their stories and start to map out how you can achieve this in your business. 

 

3. Facilitate a Strategic Planning Session. Let me help here, this is my speciality. I help companies step out of the day to day and build a roadmap to where they need to be.

Understand Your Finances

You cannot hide from the numbers, even if you try!

There's no need to become a financial expert overnight, but it is crucial to know enough to make key decisions.

Consider your numbers part of the business's story.  It is not the ONLY part, but it does have a dedicated chapter.

Leveling up your financial knowledge will lead to better decisions and a healthier business. 

Ways to level up your financial knowledge

1. Understand and change your money mindset.  We all get our views from money somewhere. Reflect on WHY you're avoiding this part of the business.  More on that here.

 

2. Use AND understand a system to manage your finances. It's more than just opening up a Quickbooks account. Look at your Profit and Loss (P&L) and Balance Sheet. Do you know what numbers to focus on and how to properly read these reports?  Intuit has some great resources here.

 

3. Bring in the right financial support. There's different types of experts to bring in when it comes to business finance.  

  • If it's managing expenses, budgeting and pulling reports, I recommend hiring a bookkeeper.

  • If it's understanding HOW to categorize expenses and tax implications, I recommend chatting with a tax advisor. 

If it's financial forecasting and strategic planning to grow your business, that's my speciality, let's chat.

Revamp Your Operations

Creating an operationally successful company with the right resources can increase retention, revenue, and deliver on your goals.

Inefficiencies in the workplace kill the culture, productivity, and a company's bottom line. Let's change that.

Ways to elevate your operations

1. Review all of your existing systems & processes 

Are you using all of the systems you pay for? Where can there be more automation and effectiveness within these systems? Remember, a tool or process only works if people are actually using it. 

 

2. Ask your team for honest feedback on what's working and what's not. 

This might be hard, but listening to your team will only help understand the core issue with the processes/systems in place.  If it's difficult for folks to do their work, they won't feel valued and connected to the business. 

 

3. Hire an operations consultant to complete an operational assessment and implement new processes. 

Don't have time for the first two? Let me help, this is my specialty. I can assess everything that is working, interview your team members and help create a new framework that works.