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Document and Project management
Statistics show that 4 out of 5 businesses in North America fail within their first 5 years of operation, and each of the top ten reasons for business failure relate in some way to poor management. The least most popular reasons are because of a poor product or service. In other words, an individual is most likely to fail at starting their own business because they don't know how to manage it, and not because their product or service is a failure.
A small business usually forms when a professional who has worked in a particular industry develops their own unique product or service, and branches out from working for someone else to working for themselves. While the entrepreneur may be fully qualified and skilled to provide an excellent product, it is the inability to effectively manage and run a business that ultimately destines 80% of businesses to failure. And often, the solution is not to take time to learn how to run a business, but rather to dedicate resources to someone who can.
We have worked with numerous clients to prepare management and operational strategies to help your business grow. This includes a variety of documents such as business plans, marketing strategies, sales and production goals, project plans and daily operations management. Often the best way to get a handle on the daily operations of a business is to simply sit down and work through the process, putting it on paper so that someone else has a reference by which they can analyze, review, compare and project trends. The key to successful management is in understanding the relationship between how things were, how things are, and how things should be, and being able to plan a course of action that is appropriate for your business.
Most of our project planning methods use our unique SMART Project Management system, which provides an inituitive, step-by-step approach to managing a project from beginning to end. Similar step-by-step methods are used to plan larger business ventures, prepare business plans, and create five and seven year goals for startup organizations, to help bring them from a place of sole-proprietorships and partnerships, to eventually preparing the business for public trading.
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