Friday, April 17, 2009
Thursday, April 16, 2009
Internal Communication
Internal Communication
A Typical Business Plan Format
- Your plan will need to demonstrate, on paper, that you have a firm visualization of what your business is going to be.
- It needs to convince others that your business concept can be successful
- The plan must possess the expertise-alone or collectively-to assure that it will be both successful and profitable.
Tuesday, April 14, 2009
Three Strikes - You're Out
Make Expectations Known
Make it clear to employees what your company's rules are and what negative actions can warrant discipline against them. If employees understand your expectations and rules, they will be more likely to follow them and uphold your standards.
Be Fair and Objective
Treat employees equally and be sure that you give at least one verbal warning, prior to taking action for discipline. If you think an employee is acting inappropriately, do your research and be sure before you approach them with the problem. Once a warning is given, allow the employee to explain their actions. It is important to hear all sides of the story.
Cover your Butt
If you determine that disciplinary action is necessary,carefully document each step you take and what is expected of the employee, to remedy the situation. Behave professionally and do not attack on a personal level. In keeping with this, make sure that confidentiality is maintained. It pays to gain a level of trust and understanding with your staff.
Friday, April 10, 2009
Writing An Effective Business Plan
Tips For Writing an Effective Business Plan
- Be Honest, not only by avoiding lies, but also by revealing what you actually feel about the aspects of the plan.
- Use third person, not the first person ("I" or "we"). This forces you to think clearly from the other person's perspective
- Use transitional words, such as but, still, and therefore, and active, dynamic verbs as a means of leading the reader from one thought to another.
- Use short, simple words, so the plan will be easy to understand and follow
- Use visuals, such as tables, charts, photos, and computer graphics to present your ideas effectively.
Remember, that your plan should be reviewed by people outside your firm, such as business consultants, attorneys and other business people, before it is sent to potential investors or lenders (Byrd & Megginson, 2009).
Turning Customer Service Inside Out!
1. Employees should never complain within earshot of customers. It gives them the impression your company isn't well run, shaking their confidence in you.
2. Employees should never complain to customers about other department's employees. Who wants to patronize a company whose people don't get along with each other.
3. Employees at every level should strive to build bridges between departments. This can be done through cross training, joint picnics, parties or offsites, or creative gatherings, as well as day-to-day niceties.
4. Utilize post mortems after joint projects so everyone can learn from the experience. Fences can be mended and new understandings gleaned when everyone reviews what went right...or wrong. By doing do after the project the immediate pressure is off, yet stronger bonds can be forged while the experience is fresh in peoples' minds. Not doing so can result in lingering animosities that will exacerbate future collaborations.
5. Consider letting your employees become "Customer for a Day" to experience firsthand what your customers experience when doing business with you.
By following these steps and improving internal customer service, you will enhanced the customer service your external customers receive, which is something every customer and employee can appreciate!
Electronic Communication in the Modern World
- Establish privacy clause that will ensure the safety of both information about your customers and employees.
- Make sure your employees know the legal rights when using company computers.
- Define what types of communication are suitable within your business.
- Establish a policy that prohibits certain items that your employees may not partake in on company computers.
- Monitor the use of all electronic communications for abuse and legality.
Thursday, April 9, 2009
How to Create a Buzz About Your Small Business
- Make your business stand out - it sounds simple in theory, but it is the most important part of grabbing customers’ attention (ie, creative ads)
- Tap into areas related to your product/service - an example would be participating in an electronics forum or running a banner on an electronics site if your business offered electronic products
- Get your product to consumers so they can experience it - create an opportunity for consumers to get an up-close look at your product/service or allow them to sample/test it
Using these strategies should help you to create a buzz about your small business. Remember that using new and creative ideas is always a key to increasing your small business’ exposure and getting consumers buzzing about your business!
Training for Success
Once your small business is up and running and you have hired employees, you will need to implement an employee training plan. The best approach is one of continuous development. It is good to deliver small pieces of information on a frequent basis. Some business owners may hold weekly training sessions, others may be monthly, while others may be quarterly. Whichever approach you decide to take, here are some tips for making your training seminars a success.
- Use various training methods: it is nice to change the way new information is delivered to cater to different learning styles and keep things interesting
- Try not to overwhelm your trainees with new information: keep the sessions manageable and low stress by focusing on just one or two topics
- Use a constructive approach: clearly state any problems without pointing fingers and clearly state the solution
- Be creative with the topics: you could hire an instructor to teach time management techniques, or enroll employees in an online training course to learn the new software you hope to implement
- Be patient and understanding: try to envision where your employees are and what they are capable of
- Don’t expect immediate results: it takes time to pick up new skills and repetition is key
These pointers should help you when thinking about ways to make your training seminars a success, and ultimately make your small business more successful.
Friday, April 3, 2009
A Successful Mission Statement
Result-Oriented Objectives
A clear definition of your mission enables you to design results-oriented objectives and strategies. They include:
- Finance Objectives
- Marketing Objectives
- Production Objectives
- Management Objectives
- Human Resource Management Objectives
- Legal Objectives
How to Deal With Customer Complaints for the Small Business Owner
L.E.A.R.N. is an acronym, with 5 easy steps to follow:
LISTEN - Listen carefully to your customer. Don't interrupt or tell the customer to calm down, this will only ignite the anger.
EMPATHIZE - Feel the pain of the customer, and tell her that you can understand how they feel.
APOLOGIZE - Apologize to the customer, even if you feel that you have no part in the problem. Do not blame the customer, but there is no need to take the blame yourself!
REACT - Decide what you will do to resolve the problem, and tell this to the customer.
NOW! - Do not delay. Take immediate action! The longer you wait, the harder it is to produce outstanding customer service. - WILLIAM H. DAVIDOW
(http://www.customerservicepoint.com/handle-customer-complaints.html)
If these steps are followed correctly, you and the customer can go on with a happy and productive business relationship as well as now having a customer who knows you care about their problems and not just their money!
Thursday, April 2, 2009
Listening: The Key to Successful Communication
- Do maintain eye contact
- Do imitate the body language of the speaker
- Do lean forward and show interest
- Don't multi-task when listening
- Don't interrupt
Principles for Motivating Your Employees
- Motivate employees by being enthusiastic and optimistic - these characteristics are contagious
- Interact with your employees often - understanding their needs and concerns goes a long way
- Appreciate a job well done - employees will remember this and strive to continue their performance
- Provide pay incentives occasionally - employees will strive for excellence when compensated accordingly
- Align employee goals with organizational goals - this provides a road map for employees to improve
All of these tips for motivating employees are a step in the right direction for increasing your employees’ performance. Remember that employee motivation begins with you creating opportunities for them to be motivated.