It’s probably a good time to review the business fundamentals as things seem to be changing by the minute.
Cash-flow, income and expenditure will be affecting million of all types of businesses from the biggest to the sole trader who often work from day to day or week to week.
Short term planning will be crucial if we are to prevent the loss of many great businesses with salaries and wages putting huge pressure on most businesses.
Planning will be key along with government support in the short term, long term will will need to adopt and adapt to a new business world that has now probably changed forever.
Below I have listed a few areas that you could look at to keep you in business, good luck all we will need it over the coming weeks and months.
Vision – Long term, inspiring destination, this should be inspiring, challenging and believable
Core Purpose – Your company’s reason for ‘BEING’
Core Values – How does your company ‘LIVE’
Business Strategies – Choosing the way to win, Who, what, where, when, why and how. Specific choices
Unique Selling Proposition – Your Customer Promise, ‘Promise’ Why would someone buy from you
Action Plans – Go To Marketing Activities, How you engage with your customers
Operational Capabilities – Delivering with Excellence, Team & processes to do what you say