Do you know where your Business Plan is hiding? You know. That thing you used to get a loan, convince your wife and friends that you had a million dollar idea, and generally get into business for yourself. Where and when was the last time you looked at it?
Usually the Business Plan has a system for handling all the chores at the business. From the simple to the tactical, they have people to get things done and the operation is good. What happens is someone tells them they need to cut back on salaries and drop more money to the bottom line quickly. This is step one to making a mess of things.
Once you lose the team that was going to bring in that first million dollars, you start to slide. There are people to help you - if you are willing to pay them for their help. If you slide too far, though, those good people are not going to want to help. It is the law of diminishing returns - too much effort for too little reward.
Just to contrast things on a bigger scale (much bigger), what are all these companies who have laid off thousands and thousands of workers going to have to pay to get the right people to come back and clean up the mess from the tired few who got to keep their jobs? Let’s just say it is going to be a shock to the spreadsheet.
I am the first person to tell you that you need to watch the checkbook and save where you can. This is mostly a caution for someone who may feel like a big spender and want to show off. Those types of people will lose anyway, but I tell them none the less. The difference between being cautious and being cutthroat is the cautious person will be in business where the cutthroat person is having a fire sale after their first down quarter.
You may have noticed that I haven’t talked about the jobs that need to be performed and have focused on the people. Recent trends in the hiring process of small businesses and the downsizing in bigger companies anyone can see the drain that is going to empty the business world any day now and how detrimental it is going to be for moving us out of this economy.
With Baby Boomers on the cusp of retirement, there was going to be a shift in resources anyway. Now, the shift is going to look like a roller coaster when retirees are looked at as “too expensive to hire back” and “too valuable to leave on the market”. This is a great time to bring in these well qualified people who can build your business like you wrote in your Business Plan.
Here’s the catch - you have to make them part of the plan, the business, and the profits. Don’t just hire in talent, hire in “partners” who can help you grow your business. Those people who are shocked and can’t imagine having a partner, you need to stop and think about this a little longer. If you have a manager, you essentially have a partner.
You need to bring in the talent you wrote about in your plan and reward them enough to give them a reason to join and a reason to stay. Bringing in someone who can compliment your talents is a wonderful way of helping someone and helping yourself.
Bulldog Rule #5 - Every business is a people business
The reason for the Business Plan is to give you a goal for getting into business. You looked for the right tools and the right talent to get things going. Now is a great time to grab the talent to fill the holes that cutting back caused (either by you or by another business). Dust off your Business Plan and start changing the parts that need updating and start dreaming again.
If you could get sales in _______market, you would increase your bottom line by $_______.
OK, now fill in the blanks and start looking for the talent to get you into where you want to be. The right people are out there and ready to work with you. Make them a part of the revised for 2009 Business Plan.
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Its difficult to find informative and accurate information but here I noted…
4. January 2012 at 09:22
Dreary Day…
It was a dreary day here today, so I just took to piddeling around online and found…
4. January 2012 at 09:46
Looking around…
I like to look around the web, regularly I will go to Digg and follow thru…
4. January 2012 at 09:53
Looking around…
I like to surf around the web, often I will just go to Digg and follow thru…
4. January 2012 at 12:14
Just Browsing…
While I was browsing today I noticed a great article concerning…
4. January 2012 at 12:23
Wikia…
Wika linked to this place…
4. January 2012 at 15:48
Digg…
While checking out DIGG yesterday I noticed this…
4. January 2012 at 15:52
Yahoo results…
While browsing Yahoo I discovered this page in the results and I didn’t think it fit…
4. January 2012 at 16:00
Tumblr article…
I saw a writer writing about this on Tumblr and it linked to…
4. January 2012 at 16:07
Yahoo results…
While searching Yahoo I found this page in the results and I didn’t think it fit…
4. January 2012 at 16:11
Yahoo results…
While searching Yahoo I discovered this page in the results and I didn’t think it fit…
4. January 2012 at 16:16
Yahoo results…
While browsing Yahoo I discovered this page in the results and I didn’t think it fit…
4. January 2012 at 16:19
Dreary Day…
It was a dreary day here today, so I just took to messing around on the internet and realized…
4. January 2012 at 16:27
Digg…
While checking out DIGG yesterday I noticed this…
5. January 2012 at 01:50
Wikia…
Wika linked to this site…
5. January 2012 at 01:57
Dreary Day…
It was a dreary day here today, so I just took to messing around on the internet and found…
5. January 2012 at 02:02
News info…
I was reading the news and I saw this really cool info…
5. January 2012 at 02:10
Yahoo results…
While searching Yahoo I found this page in the results and I didn’t think it fit…
5. January 2012 at 03:01
Dreary Day…
It was a dreary day here today, so I just took to messing around on the internet and found…
5. January 2012 at 03:14
Looking around…
I like to surf in various places on the internet, regularly I will just go to Stumble Upon and read and check stuff out…
5. January 2012 at 03:45
Tumblr article…
I saw someone writing about this on Tumblr and it linked to…
5. January 2012 at 04:09
Yahoo results…
While searching Yahoo I found this page in the results and I didn’t think it fit…
5. January 2012 at 04:17
Its hard to find good help…
I am regularly saying that its hard to find quality help, but here is …
5. January 2012 at 04:46
Yahoo results…
While browsing Yahoo I discovered this page in the results and I didn’t think it fit…
5. January 2012 at 06:04
News info…
I was reading the news and I saw this really cool information…
5. January 2012 at 10:20
News info…
I was reading the news and I saw this really cool topic…
5. January 2012 at 11:13
News info…
I was reading the news and I saw this really interesting information…
5. January 2012 at 11:38
Wikia…
Wika linked to this place…
5. January 2012 at 12:58
Dreary Day…
It was a dreary day here today, so I just took to messing around on the internet and realized…
6. January 2012 at 02:39
Yahoo results…
While browsing Yahoo I found this page in the results and I didn’t think it fit…
6. January 2012 at 03:09
Just Browsing…
While I was surfing today I noticed a excellent article concerning…
6. January 2012 at 10:27
Its hard to find good help…
I am regularly saying that its difficult to find good help, but here is …
6. January 2012 at 12:36
Dreary Day…
It was a dreary day here today, so I just took to piddeling around online and realized…
6. January 2012 at 12:40
Digg…
While checking out DIGG yesterday I found this…
6. January 2012 at 17:20
Tumblr article…
I saw someone talking about this on Tumblr and it linked to…
6. January 2012 at 17:24
Just Browsing…
While I was browsing yesterday I saw a excellent article about…
6. January 2012 at 17:42
Wikia…
Wika linked to this website…
6. January 2012 at 18:52
Just Browsing…
While I was browsing today I saw a great post concerning…
6. January 2012 at 19:10
Dreary Day…
It was a dreary day here yesterday, so I just took to piddeling around on the internet and found…
6. January 2012 at 19:24
Its hard to find good help…
I am constantnly proclaiming that its hard to find quality help, but here is …
6. January 2012 at 19:29
Its hard to find good help…
I am forever proclaiming that its difficult to procure good help, but here is …
7. January 2012 at 01:46
Looking around…
I like to browse around the internet, regularly I will go to Stumble Upon and read and check stuff out…
8. January 2012 at 01:18
Its hard to find good help…
I am forever saying that its hard to get good help, but here is …
8. January 2012 at 01:21
Looking around…
I like to surf in various places on the online world, often I will go to Stumble Upon and follow thru…
8. January 2012 at 01:38
News info…
I was reading the news and I saw this really cool info…
8. January 2012 at 01:44
Tumblr article…
I saw a writer writing about this on Tumblr and it linked to…
8. January 2012 at 03:33
Its hard to find good help…
I am regularly proclaiming that its hard to get good help, but here is …
8. January 2012 at 04:00
News info…
I was reading the news and I saw this really cool information…
8. January 2012 at 10:40
Just Browsing…
While I was browsing yesterday I saw a great article about…
8. January 2012 at 11:02
Informative and precise…
Its hard to find informative and precise information but here I found…
9. January 2012 at 04:26
Tumblr article…
I saw someone talking about this on Tumblr and it linked to…
9. January 2012 at 04:40
Its hard to find good help…
I am constantnly proclaiming that its hard to procure quality help, but here is …
9. January 2012 at 05:10
Its hard to find good help…
I am constantnly proclaiming that its hard to find good help, but here is …
9. January 2012 at 05:14
News info…
I was reading the news and I saw this really interesting info…
9. January 2012 at 05:26
Dreary Day…
It was a dreary day here today, so I just took to piddeling around on the internet and realized…
9. January 2012 at 05:38
Just Browsing…
While I was surfing yesterday I saw a excellent post concerning…
9. January 2012 at 05:42
Digg…
While checking out DIGG today I noticed this…
9. January 2012 at 07:19
News info…
I was reading the news and I saw this really interesting topic…
9. January 2012 at 07:32
Dreary Day…
It was a dreary day here yesterday, so I just took to piddeling around online and realized…
9. January 2012 at 07:40
Yahoo results…
While searching Yahoo I found this page in the results and I didn’t think it fit…
9. January 2012 at 07:49
Its hard to find good help…
I am constantnly proclaiming that its hard to get good help, but here is …
9. January 2012 at 07:57
Wikia…
Wika linked to this website…
10. January 2012 at 17:05
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11. January 2012 at 16:54
Wikia…
Wika linked to this website…
11. January 2012 at 22:03
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14. January 2012 at 02:03
Hard Day…
It was quite a hard day for me yesterday, so I decided to take to piddeling around a lot online and rapidly found…
19. January 2012 at 05:08
Dreary Day…
It was a dreary day here yesterday, so I just took to messing around on the internet and realized…
22. January 2012 at 00:21
Hard Day…
It was a hard day here today, so I just took to piddeling around online and realized…
24. January 2012 at 22:48
Hard Day…
It was a hard day here today, so I just took to messing around on the internet and realized…
31. January 2012 at 14:25
Weebly article…
I saw someone talking about this on Weebly and it linked to…