in
this issue
Smart
Business Planning Using Lessons Learned
As we enter 2004, it seems that the rebounding economy is
finally here and many business have been hanging on waiting for
the economy to recover. Are things guaranteed to get better this
year? The experts believe that even though the economy is
improving, to be successful business will have to continue to
operate competitively and with thinner margins than ever before.
The secret to success in the next few years will be to
incorporate lessons learned during the lean times even when
business is booming and customers are knocking on your door.
The silver lining in the past couple of years is now coming
to light. We've learned to do more with less. Look around,
you'll notice many companies operating with smaller staff than a
few years ago, but still conducting business just like in boom
times. Following is a collective list of tips from knowledge
gained by our clients and colleagues that can help you in the
future.
Lessons learned that will pay off during economic recovery:
(1) maximize personnel productivity - filling empty desks may
not drive revenue or improve customer satisfaction, (2) save
money - outsource non-customer facing functions, (3) positive
cash flow is vital - pay close attention to past due invoices
& collections, (4) review costs and terms - renegotiate for
discounts or longer terms, (5) seek out strategic alliances -
you can help friends and they can help you, (6) trim
unproductive sales personnel - reward your best producers, (7)
evaluate and justify every expense - don't spend money where you
don't have to, and (8) raises relate to increase in
productivity, profitability or outstanding efforts - clearly
communicate this understanding to your personnel. Let us know if
you have any valuable lessons to share. We're always looking to
learn something new.
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Are
you in the Right Business? Doing the Right Things?
Achieving Your Goals? - Make a New Year's Resolution to
find the answers.
Answer these questions now. Make and carry out a New
Year's Resolution to learn more of who you are, what the
business demands, how your strengths compare to the
business requirements and develop action plans to
improve your business.
Successful Leaders use their strengths 80%, or more,
of the time. Measure exactly who you are - how you
think, how you learn, your behavioral preferences and
what motivates you to succeed. Measure your strengths.
Compare your strengths to the company's needs. Develop a
plan to utilize your strengths to achieve your personal
and business objectives. Understand how you, your
partners, and your employees can synergize your
cumulative strengths to improve your organization's
performance.
Develop a plan to utilize your strengths to achieve
your personal and business objectives. Understand how
you, your partners, and your employees can synergize
your cumulative strengths to improve your organization's
performance. A great place to start is a personal
assessment by a professional. Click on the link below to
get started on the path to achieve awesome results.
Contributed by Lloyd Gottman, Synergetic Systems, LLC.
303 798-8057
For
additional information on understanding and utilizing
your strengths, go to »
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Share Ideas, Give Us Suggestions
We're adding new features to our website all the time -
and taking requests! If there is a report, feature or
alert that your business needs and you think others
might like too, just let us know! We are always looking
for new website ideas, and the best ones come from
clients like you! Just email your ideas and suggestions
to helpme@onepointbpo.com.
New
Website Ideas - email us suggestions »
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Join More than 700 People Saving Money on Health
Insurance
The Blue Cross Blue Shield Anthem group health insurance
went into effect at the beginning of this year. We are
proud to announce that more than 700 people enrolled in
the plan. We haven't tallied the results yet, but every
company that joined has saved thousands of dollars.
It is not too late to get in on the savings. Call now
before your next rate increase. Offer each employee a
choice of 3 plans and still save money. Let us show you
how.
For more information, call Shaun Watson at (303) 771-
4445 x3143 or click on the link below to email Shaun.
For
more information on Group Health Insurance Savings
»
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