being in business!
No one goes into a business to end up 'running a busyness.'
Most people go into business because they want a better than average lifestyle - with more time and money.
Do you want a quality lifestyle where you make good money from employing people, and have decent holidays? Not just a few weeks off at Christmas when everyone else takes them.
If that's true... How's it working out for you?
There are huge potential rewards, possibly beyond what you could even imagine, with the quality of life you dream of, waiting to be explored and achieved.
That potential still exists for you - if you're open to learning and ready to explore new ideas and opportunities.
THE TRUTH ABOUT BUSINESS
These skills can be learned slowly, sometimes painfully, or quickly - in months. That's a choice.
These six areas describe what is possible and what has been achieved by businesses for over 20 years.
Your business grows faster, growing by 30% to 500% in net profit per year. You feel in control and there are rarely any ups and downs in sales.
Your business operates above 15% Net Profit Margin. That means there's plenty of cash in the bank and the levels keep increasing ending stress relating to cash.
A fully optimised website means the leads are warmer towards buying. They appreciate what you provide and don't focus on price. Customers pay on time and are a joy to deal with.
All your employees are reliable, and dependable, working without supervision. There is harmony and enjoyment with all the team.
You are confident with all decisions about pricing, hiring employees, and marketing. Weekly management reports provide clarity on how the business is operating.
Working is optional. You can work, or go on holidays for a couple of months at a time, without stress or concern because you know your team is keeping it operating smoothly.
Peter Drucker (1909-2005) - one of the most widely known and influential thinkers on management, whose work continues to be used by CEO's and managers worldwide.
REFINED OVER 20+ YEARS
Define what business freedom means to you, that's a key ingredient of business growth planning. One to two years is the ideal time frame to achieve business freedom for an established business with 5 or more employees.
2. Build a Team
Building a high performance, happy, and dependable team is what leads to you having business freedom. Weekly meetings are essential for this goal. Combining meetings with reviews of their figures makes a big difference.
3. Measure to Manage
Measuring and seeing figures for your business every week leads to greater confidence with pricing, marketing, employee performance and so much more. It turns all doubts about decisions into confidence.
4. Systems and KPIs
Systems are required as businesses grow. By introducing KPIs for roles it 'glues' employees to using the systems. This leads to excellent customer service, which builds the brand and your freedom.
5. Growth Planning
With the first 4 steps in place, profit margins and cash in the bank increase. This allows more money to be put into marketing to grow the business, systematically and without your time. Now it's time to plan for fast growth.
Marketing typically starts with website optimising, and to improve every strategy, without spending more on advertising. Conversion rates are focused on from websites and all other strategies as increasing sales at higher prices.
This is where you choose what to do with your time. Step out completely with your business under management, work part-time as a BDM, or expand interstate or internationally. The choice is yours.
These strategies have been introduced to thousands of businesses and refined over 20+ years by measured results. There's no guesswork - all strategies work and come with mentoring on execution.
"I first met Tim between businesses. He helped me to buy a kitchen renovation business and then built it and systemised it ready for a manager, who he also helped me to hire. I then travelled the world with my wife for 2 months and didn't go back to work. I sold it two years later, for 10 times what I initially paid for it, as a business under management, ready to franchise."
House of Kitchens - Sydney
"When I met Tim my business I had been in business for over 15 years and was working 55 hours per week. Two years later I can and have gone on holidays to Indonesia to go surfing for two months, without contact with my business.
I work when I want and my team work without my supervision. Life is great!"
Whitelight Electrical - Sunshine Coast
"I was working 80 hours a week, every week when I met Tim.
10 months later my business had grown over 200%, I had a great team, systems in place, KPIs and weekly management reports. My business operated smoothly and profitably - without me, and we then travelled around Australia in a motor-home for 2 years. It was fantastic."
Electrician - Townsville
PO Box 789 Kenmore
QLD 4069 Australia
P: 1300 778 377
P: +61 7 3194 0477