subject: How to Take Your Business to the Highest Level [print this page] Just because youre in business doesnt necessarily mean you are making money. You know that as well as anyone. You should be commended that you are staying in business and have survived the tests of the first year and perhaps even the first three-years. Now that you have come so far you are wondering to yourself will I go up or will I sink back down? Will I take my company to new heights and expand my business or will I slowly go bankrupt because of a consistently negative cash flow? The choice is yours. How is that possible? After all, who really knows if you can expand your business? Arent we as business owners limited by the market? Dont we have the economy to blame for our losses? While all these factors must be taken into account, you are the one that determines the success of your business. You can take your business to the highest level starting now, even if you have seemingly stalled for months. What is required to accelerate the growth of a business? You are responsible for expanding the business. If you observe that some aspect of the market is lacking then its time to take your business in another direction. There are four key thoughts to remember when planning for the prosperity of your business. 1. Learn from your losses. Do not consider a loss a failure but a lesson in business. Take notes and analyze where the problem came from. Make an effort to improve the way you do business. 2. Write goals in sequential order. Never stop writing goals and continuing your business plan. Make figuring out objectives and recording your progress a weekly or monthly assignment. 3. Regularly practice visualization and affirmation. You cannot simply be in business and expect to prosper doing your daily routine. You must visualize your expansion. You must shape the future and determine how you will grow. Once you realize this vision and start working towards it you must continually affirm your progress. If you are your only employee then you must work twice as hard at keeping the morale of the team up. 4. Value your partners who support you and learn from bad habits. Value the people around you that help to make your business successful. These people eventually become your contacts and can keep you afloat in hard times. Even those contacts or competitors with bad habits can teach you something about the businessperson you strive to be!
How to Take Your Business to theHighest Level
By: Albert Mensah
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