Small Changes, Big Results

The recipe for success in any economy is basic business fundamentals:

They are:

• Strategize: decide what’s important
• Plan: set goals
• Organize: build a system
• Execute: follow the plan
• Evaluate: step back and observe
• Repeat

Good management is always at the heart of these fundamentals, and if management has a weakness in any of these steps the business will suffer. During a tough economic period, this suffering will be compounded.

The point that you need to remember is that a small change in the right area can have a large, positive impact on your company.

No one can be expected to know everything necessary to run a business on a daily basis – that’s why there are experts like accountants and consultants. Independent experts can view issues with an impartial eye and spot the major problems that you or your clients are too close to see. The value that of an expert is substantial, potentially saving a business or moving it from marginally successful to highly successful.

A major study undertaken in North America states that 90% of all business failures are the result of management mistakes. Your client’s competition may not be the biggest problem they have – they may be the biggest problem they have.

So when you’re making decisions, remember that a small change can have a large effect.

Have questions or comments? Contact Asyma Solutions and tell us!