Your Company Needs a Vision Statement

vision statement

Successful companies and people tend to have a clear, active vision statement to guide them There are companies that don’t put much effort into creating a vision statement for their organizations. Many companies simply focus on delivering a product or service and making the most money doing it. However, those same companies are missing an opportunity to create advantage in their marketplace by harnessing the focused power of its stakeholders. Creating a vision statement for an organization can be the catalyst to move an average organization to becoming one that is extraordinary.

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Your Company Needs a Vision Statement | Extraordinary Business

Successful companies and people tend to have a clear, active vision statement to guide them A company vision statement provides direction There are companies that don’t put much effort into creating a vision statement for their organizations. Many companies simply focus on delivering a product or service and making the most money doing it. However, those same companies are missing an opportunity to create advantage in their marketplace by harnessing the focused power of its stakeholders. Creating a vision statement for an organization can be the catalyst to move an average organization to becoming one that is extraordinary.

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New Steps for New Year: Prioritizing Steps for Growth in 2016

2016 calendar

Over the past few years, you have committed a great deal of time and money to developing your small business. By reinvesting your business’s profits back into the company and keeping a close eye on the often unstable US economy, you have made strides in creating a profitable enterprise. However, as a seasoned entrepreneur you are also aware that the only way to persevere is to continue to grow. The question is not whether you will grow; it is how to grow without overextending your investments or making other costly mistakes. Having a clear understanding of the landscape in which you intend to increase your business will clear the path for successful growth in 2016.

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Small Business Credit Procedures | Extraordinary Business

Business credit application Just about every small business that extends credit to its customers has to create and implement internal credit procedures. The extent to which a small business has to deal with credit and collection issues depends on the nature of the business, the margins of the business and the how customers pay for goods or services.

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Keeping it Inside – When To Only Use Internal Employees

Internal Employees

Maximize Financial Savings –  It is true that outsourcing a project can be a great way for a small business owner to save money.  However, there are times when keeping a project in-house is less expensive than outsourcing.  In an article for Business2community.com, business advisor Jessica Bowers points out that by outsourcing, you are in … Read more

Recruiting 101

recruiting

Steps to Recruiting and Keeping the Best Employees for your Small Business You have managed your business, whether it be a direct mail marketing practice or pet care business for the last few years. As a disciplined, independent entrepreneur, you have managed every detail; the semi-comedic introduction plays out like this: “Are you the CEO?” “CEO, secretary and janitor.” However, as a well-studied businessperson, you also understand that the key success is intelligent growth, and the key to growth is hiring passionate, intelligent professionals to manage the aspects of the business which have distracted you and hence bit into your revenue. The question you need to ask yourself is, “I know I need the right office manager, general assistant or sales coordinator, but how to I get him or her to join my team?” In short: you need to be recruiting.

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Business Owners and Entrepreneurs: Your Writing Matters

When it comes to understanding the importance of writing skills and its impact on success, some business owners have their heads in the sand…[/caption] Could your business benefit from more sales? Are your marketing materials producing the desired results? Do documents demonstrate that your company is an extraordinary business? As Rick asked in a recent … Read more