Posts Tagged ‘Michael E. Gerber’

Business Plans and Business Idea

Whenever a business idea to be implemented concretely in a start-up projects, a business plan is needed. It does not matter how big the foundation’s projects. If someone opened a flower shop, the person needs a business plan just as if a new innovative production process was developed. The questions are the same. Only the scope of the plan will vary. But start-ups are contrary to popular opinion now no longer the only area of business plans. In large corporations it has become conventional to work with product launches, corporate expansions or purchases with the tool “business plan”.

Business plans are used for the following occasions:

  • reestablishment
    succession planning
    Company sale or acquisition
    Structural change and realignment
    fusion
    cooperation
    new product introduction
    Expansion into other markets
    capital
    IPO
    Applying for public funding
    Obtaining extension of credit from the bank
    investment decisions
    Strategic planning and operational business plan update

Able to Survive

Before the fresh funds in the cash they hurried out to finance all their operations .. Then the business shall immediately obtain new revenue from the sale of product-product that they sell as soon as possible, and certainly in quantities large enough to just cover all their expenditures .. . In order business will not be hurried out of their reserves of fresh funds, which of course would also make it difficult to run their operations.

Meaning .. A newly established business must immediately focus on himself to survive immediate first .. (Survive) as soon as possible to generate sales. Ideally .. Once the business is in the open day .. Later that day business has been able to generate sales ..

And what with the re-organization, staffing .. etc. ..
That can wait for later .. What matters is the last first .. It’ll clean up the problem that the business has managed to survive ..
Because .. if it can not survive .. What that must fix it ..

To be able to survive .. Then the business must have a minimum income equal to expenditures that should he have to cover every month. This means that business as quickly as possible should be able to develop the ability to be able to record the sale as quickly as possible in large enough quantities to make it stand strong enough and fresh enough to hoard a lot of money to be able to make enough energy to enter the next phase .. Namely GROW / GROW .. !

The greater the number of sales they can get. The more healthy and grow many fresh funds which they can store up as food reserves needed to grow the business later.

Well .. Therein lies the problem …
Business had just stood up .. generally do not have personnel experienced and reliable enough to sell .. Especially if they are dealing with product-product that is not much needed by the market .. Then they will soon enter the deadly trap that will make them hard to earn ..

Because according to my observation, very few business people who sell the product-product exclussive who managed to survive in the early days of their business, compared with the number of businesses that fail (80% fail .. and only 20% are successful .. Michael E. Gerber ).

If this rate is how dong .. Experienced many years in sales it is still problematic in getting the sales figures are high enough let alone who are beginners .. A newly established business it yesterday afternoon?

Well for that you should understand the following raw sense ..
Business is a simple game to make your money grow and grow all the time, the road to meet market needs better than could be done by your competitors.
Any need or problem being faced by the market .. So that’s where your best opportunities to make your money grow and grow …
A successful business, is a business that has high sales figures, while the business is failing, is the business that have a low sales figures.

How was the continued high sales would have if the new company does not have a high ability of salesmanship?
Easy .. You should start with product-products that are needed by the market in large enough quantities. This is because, product-products that fall into this category .. Always have a tendency not require special skills to sell it to market.

Starting a Business With a Secure

If you are a novice businessman .. Or just want to start your first business ..

Where should you begin to move when you first want to run a business?.

This simple question, was not so easily answered by many people .. Included also from academia ..

Each person has a different perspective of looking at a start-up business .. Business is just beginning .. Where should startup business in the beginning ..

80% of business start-up bankrupt in their first year standing and 80% of the amount remaining following the bankrupt before the end of the fifth year according to Michael E. Gerber in his book E-Myth is famous for.

This is because they started their business from the wrong direction .. From the direction they should not live .. And this is not only experienced by the layman alone .. In fact it is not uncommon, many of Professor was still making the same mistake ..

In some training and also the number of incoming emails to me .. Many are asking one thing,
“Mr. Laksita .. From where should we start a business? Which will not fail and certainly succeed if the lead, although we really do not have experience in running it? “.

The question is wholesale .. But the answer to this question is the most in waiting by most people who are getting ready to set up their business .. But still hesitate because do not know, from the point where they should go.

And of course the answer is very simple .. Because it is starting a successful business and not something that requires a high intellectuality of the owner, which often makes it even they are trapped in their own natural intellectualitas and eventually make their business more quickly bankrupt ..

Back to .. where you should start your business .. My answer is always .. START FROM THE MARKET ..
The market is needed today?
And what can you do to meet these needs better than could be done by your competitors
The market is facing a problem today?
And what solutions can you offer to this problem could be better than that offered by your competitors.

If you follow these simple instructions, then before you have stretched the ocean chance you take as a first step to your new business ..