Tuesday, August 9, 2011

Implementing Your Vision: A Small Business Owner's Primer


Once you’ve created a business model and set your future goals, it might seem like an easy step to launch your small business. But, sometimes, it can be a little overwhelming. That’s where TAB comes in. Your own personal independent board of directors can help you clarify your goals and incentives so that your launch will be a success.

Doubt is a Business Killer
Your vision statement needs to be very clear. Think about these questions:
  • What do you want to achieve with this business?
  • Are you filling a need that other businesses in your area have neglected?
  • Where do you see your business in five years, ten years?
When you have doubts about achieving your goals and your mission, consulting with the board of directors is a way to put the doubts to rest so you can concentrate on the business of doing business.

Your Secret Weapon
When you don’t have a board of directors to consult, The Alternative Board serves that need. As a disinterested body that just wants you to benefit from the experience and knowledge they have as a group, TAB acts in your best interest to pave the way for implementing your vision. They’ve been there. They know how to help you make the right decisions and stay on point to really get your business moving toward your future goals.

Evaluating and Revising Your Vision
Your business vision should have specific dates for goals and achievements. Keeping track of the progress will let you know that your business is on track for success. Here are some useful ideas:
  • A simple calendar can act as your assistant in watching how your business is developing.
  • When you don’t meet a goal, you can analyze the data you have and find out what may have gone wrong. Once you’ve put it right, your business will be back on track. You might find that your advertising budget wasn’t big enough. Perhaps you neglected to make your goals clear to your employees. Did you remember to update your web site in a timely manner?
It’s time to take a step back and take another look at your vision. When you need advice, get it. You don’t have to go it alone because help is available and the fix might just be a simple one.

Celebrating Achievement
It’s tough getting a new business underway. One way to let yourself know how you’re doing is to look at the goals you’ve set and celebrate the achievements when they happen. Don’t wait until your company is ready to award you a gold watch to enjoy the fruit of your labor. Celebrate along the way. You deserve it!

Business Vision Experiences
Tell us what you have been able to achieve with your business. Or, if you are struggling, share your challenges. Perhaps, one of our readers can help.

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