Category: Checklists

Rounding off 2010

Some businesses slow down over December and January as the tourism season takes over. That leaves us with plenty of time to get caught up on business tasks and here are some ideas.

Clean up your email and electronic filing system. If you need to use the ‘search’ feature often, your filing is out of control.  Design a filing system with no more than 3 levels and delete all that stuff you don’t need any more.

Read what’s in your “Reading” file.  This is all those really useful downloaded documents and trade journals you meant to read. Once you’ve read them, file them or delete!

Review your books. Keep the classics and the ones you refer to regularly. Then offer the others for free or the cost of postage to friends and associates. Or take them to the local second hand book store or op shop.

Clear up your accounts.  Scrutinise your accounts for anomalies, debtors, creditors and those small amounts you never bothered chasing, outdated client details and contacts. Sort them out and start the year fresh.

Create new templates.  Review the things you do repeatedly and consider making a template for it.  Examples include standard emails, email signatures, proposals, invoices, thank you and marketing letters.

Review and renew marketing material.  Spend some time looking at your brochures, web copy, postcards and other marketing material. Does it still reflect your business accurately and send the message you want?

Clean up your hard copy filing system. Throw away what’s no longer current or necessary and de-clutter the paperwork.

Review 2010.  The first decade of the new millennium is over.  Take stock of your endeavours.  Review how you went against your plan and start to think about how to stay successful in 2011.

Renew lost connections.  Make contact with people you haven’t spoken to recently. A phone call is best and even if you only get to leave a message, it sets you up for a more serious catch up in the new year.

Stop working!  That’s enough now. Turn off your computer and phone and go enjoy the sunshine.

Rate Your Business Performance

We used to think that high quality products and services were more expensive, but that’s not true anymore. High quality can be found in goods, services, and all of the work that goes into making the product or providing the service.

Maintaining quality is a continuous improvement process. Most work produces waste of some kind – wasted time, wasted materials, or unnecessary work – all of which adds cost. On average, as much as 30% or more of the cost of running a business can be attributed to waste.

Our checklist, originally developed by AusIndustry, is an excellent way to rate your business on a number of quality indicators. We have adapted this checklist to apply to the micro and small business category with less than 5 employees.

Download the checklist here. Use page 1 & 2 to see how your business is performing and page 3 to analyse the results.

Rob’s Quick Viability Snapshot

It is not unusual to have a great idea. Whether that idea is adequate to return a living wage for you and your family is another question.

The quick viability snapshot takes you through the basic questions to know whether you can make it with your idea.

Download the free viability snapshot and try to answer the questions.

If it doesn’t look like your idea will work or you are unsure how to use the viability snapshot, ring 0437 800 489 or email info@margaretriverbusiness.com to book an appointment with the Margaret River Business Centre. We can show you whether your idea ‘has legs’.

10 Basic Steps to Starting a Business

Starting your own business is both exhilarating and scary! There are several things to consider, depending on whether you are going into a retail shop, a service of some description, manufacturing, or wholesale.

Despite the variations, there are a few things which are the same to nearly every business in Australia. These are the basic steps we’ve detailed on our checklist.

Download the checklist here and get started!