Achieving a profitable and sustainable business
1. A strong business model is key. Your Value Proposition. How the business
hopes to capture and distribute value.
2. Create a niche market
3.Strong financial focus
a. Adequate and regular record keeping.
b. Set annual budget. The value a budget is in the process as it helps a good
understanding of business drivers.
C. Set month meetings to review results and achievements. To investigate
shortfall and variances and then chart a path for actions to be taken.
4.Build strong culture and processes. Moreso for succession structure.