Business Blunders... How to Avoid Them

Having been invited to write this new business column, I decided to name it ‘Business Blunders …How to avoid them’.

The idea is to offer advice as to how ‘Blunders’ can easily be avoided, helping to fast track the reader to possible solutions.

So what can you expect in future columns?

n Not spending money aimlessly on your sales or marketing that fails to give a profitable return on investment

n Overcoming common issues that face business.Avoid costly mistakes in the recruitment process

n The ramifications in failing to manage cash flow

n How to avoid being a busy “fool”

Time and money appear to be our greatest enemies in driving the business forward.

Business owners are repeatedly telling me that they are unable to allocate “quality thinking time” being frustrated with having to work in the business and not on the business.

This is not a lesson in time management, but instead the advice and information I offer will help address some of the key issues to enable business owner’s work more effectively as business leaders, how an investment in time to understand and make well informed decisions, creates a ‘smart thinker’ and a profitable business.

Until next time I leave you with this quote,

“A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them”. John C. Maxwell