Who Wants a Successful Business? - Part 1

At Advanced Business Consultants Inc. we pride ourselves on not only the knowledge we have to help our customers accomplish lowering costs while raising profitability and sales, but also on providing our customers with that knowledge so their business will be successful. Good sales for a month or good sales for a quarter can be blind luck, but steady sales and consistent profits are a result of having a sound business plan and utilizing many tools many business owners don’t know about. That’s where we come in. We work with businesses to show them their good habits and fix their flawed ones. “Our success is measure by your success” is not just our company motto, but it is what we believe needs to be accomplished to make sure we stay in business as well.

Many people from many walks of life decided that they would like to go into business for themselves. The problem is not that the idea they have isn’t good enough, it’s the ideology behind how they decide to conduct their business. Many people think that running the business is as easy as the work they were doing before they started their own, but the problem is that running a business and running with the business are two entirely different things.

In Michael E Gerber’s book the E Myth he explains that there are three different mentalities that it takes to start a business. The trick to a successful business is to be able to balance all three; the technician, the manager, and the entrepreneur. The technician needs to know how to do the work, the manager how to manage the tools they have, and the entrepreneur to imagine new and better ways of doing things. That’s the first step of figuring out the strategy it takes to become a successful business. It’s not being able to do the work alone but to know why the work needs to be done and where the business is heading and adapting to change.

Change. The word alone can make many people quiver, but not the person who wants a successful business. The word change can mean cornering a new market or uncovering hidden talents in your business. If a business is stagnant another business will ultimately pass them up and push them out. How can your business change creatively while maintaining the basic foundation and morals of your company? That’s where hiring a consultant can help out because a fresh set of eyes with no investment in the company can see and fix problems that are keeping the business from changing in the right direction.

Check back for Part 2 of “Who Wants a Successful Business?” Where we will talk about other aspects of your business that need to be looked at more deeply.