How's your business performance? If the performance of your business is not what it should be or you're not sure how your business is performing, you may need to learn some new tricks. That's where I come in. My name is Teri Holland, and I am NLP coach teaching entrepreneurs and business heads how to drive better business performance. My services are ideal for people who are responsible for driving the performance of their organizations - individuals such as:
- Business heads
- Division managers
- District managers
- General managers
- Department managers
- Decision makers
- and other leaders
As a successful entrepreneur, when it comes to business, I have lost and felt stagnated more times than I can count. Yet, I have experienced tremendous business success over the years. I've studied under some of the greatest business minds in history, and I want to share what I've learned both from studying and from hands-on experience with others who strive to get better performance out of their businesses. I've come to think of business as a sport in a way.
Think of Business as a Sport
When it comes to the sport of business, would you say you're winning or losing? I call business a sport to illustrate a powerful principle; it's really easy to tell who's winning or losing in any sport just by looking at the score. However, in high growth businesses, all-too-often, nobody is keeping score, so they don't know how well they're actually doing. Either that or they're keeping track of too many statistics and are becoming overwhelmed with information. It's a bit like tracking how many points someone scored in months starting with "J."
What you want to focus on are the most valuable indicators. There are predominantly three things that every company should track on a monthly basis:
1. Cash on Hand
The lifeblood of a business is its cash, and we need to measure how we're doing with our cash flow on a regular basis. Cash is key!
This is simply sales minus expenses. Yet, all-too-often, businesses are not keeping track of these numbers. They may be recording them, but they're not reviewing them on a monthly basis, and they're definitely not comparing them to the prior year's performance. Profitability is most valuable as an indicator when measured to prior performance.
3. Your Salary
How much money are you able to take from the business each month? In order to keep you, the most important employee of the company, keep you motivated in your business, you need to be able to reap rewards from the business on a regular basis.
Identify and Remove the Roadblocks
When we get down to it, whatever is hindering your business's performance, it is probably a problem inside of you. Many of us carry things from our childhood, such as insecurities and low self-esteem, that impede our success and keep us from striving for better. Still, others have never been trained how to get optimal performance out of their business. In both cases, these people need a business performance coach who can help them to identify their roadblocks and give them the breakthrough they need to start living up to their potential in their personal and business lives.Performance Business
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