Professionally Managed Business

Valued Information (Business Boost 70) is the difference between an 'owner or family managed' business and a 'professionally managed' business? Simply stated, it is the difference between the reliance on 'gut feel' and the availability and use of 'valued information' in making decisions to guide the business. In the beginning most of the decisions made by 'start-up' business owners is based on 'gut feel'.  It is often the reason we go into business in the first place.  So when does it change? It changes when the Founder makes the 'mental shift'! There is no other way to describe it.  It is also when the technician moves to become a ‘business manager’. It can start on day one or day one thousand.  Until the founder realises that the future cannot and must not rely solely on their ability to have the correct 'gut feel', nothing changes.  The business owner who makes the decision on day one has a distinct advantage over all the other players in their area of business as they are starting from the outset to 'professionally manage' their business. If you would like a copy of Business Boost 70 - Valued Information, please send an email to bizplan@brightwater.com.au    with 'Business Boost 70' in the subject line.  Written by Anthony Davis