Daily Business Mentor Tip – Plan like you are a big business

November 29, 2011Post by Laura Humphreys

Every business starts as a small business.  But those that grow to be big start out with a big business mentality.  Big businesses have departments.  And so should you.  Even if the head of each department right now is you!  When you do your planning for the next financial year, imagine you have four key departments – Product Development, Sales & marketing, HR and Finance.  List your Key Performance Indicators for each department and the action steps required to meet this performance objectives.  Then allocate the resource needed for each action…

 

From the desk of liber8yourbusiness.  Small business mentors and experts in exit strategies.  Wellington, New Zealand.