Business Planning - Four Things Not To Do

Business Planning – Four Things Not To Do

Don’t let obstacles that are mostly imaginary stand in the way of you and your dreams. Every week ask a colleague to take your calls for an hour so you can get something else done. Most successful people ask questions about many things.
The truth is that many operating businesses do not have properly drafted and defined invoices given to their customers/clients. I have seen it too many times that often very important information is simply missing from the invoice. This causes confusion with clients, but more importantly, it creates great problems when the business debt needs to be collected. With an invoice like this, you can be certain of one thing; it will affect your business and hurt your cash flow.

What accountants I did was I played the rhythm for Tarkus and then I immediately looked at the color construction that was being filmed or that was being photographed. So then I could immediately recognize it as the piece “Tarkus,” because I know what the shapes are.

Although there are many aspects of the business that can be tracked, it is not necessary to go for every detail of the entire operations. This will just overwhelm you and give you more things to think about instead of doing the bigger and more important things. Choose one to three important aspects of the business to track and conceptualize a plan on how to improve them. Assign an employee to execute the plan and ask for a progress report every week or every month.

This is real musicianship, all throughout the entire trio. It is for people that want to hear and see real music, versus just seeing a celebrity virtual performance.

12. Interest on late payments (State the specifics of the late payment penalties, including interest charged. This is not too much information, as many clients do not think in advance about these issues. By stating it clearly, the client can see that all aspects of payment agreement have been thoroughly looked into and will be less likely to complain later).

34. Compile your own directories. Most of us will do this to some extent for say telephone number and addresses. But it’s surprising how much time you’ll save if you keep even more numbers such as those of main contacts in other departments and supplier companies. Also, do this for domestic purposes – local cinemas, friendly trades people, airport, train station, hotel venues and the children’s school.

This is because the errors from the tax return entries will now be used against the taxpayer. It may be possible that those entries created a swell on its actual taxable income; hence tax balance is due. And if this has been going on for several years, a mounting tax debt, penalty, and interests will haunt the taxpayers.

Is there a lack of face to face communication? Are people relying too much on email to deliver instructions? Does this result in a lack of understanding. Confusion leads to mistakes, which means it takes longer to get things done. Instructions are best conveyed in person.

Don’t let obstacles that are mostly imaginary stand in the way of you and your dreams. Every week ask a colleague to take your calls for an hour so you can get something else done. Most successful people ask questions about many things.
The truth is that many operating businesses do not have properly drafted and defined invoices given to their customers/clients. I have seen it too many times that often very important information is simply missing from the invoice. This causes confusion with clients, but more importantly, it creates great problems when the business debt needs to be collected. With an invoice like this, you can be certain of one thing; it will affect your business and hurt your cash flow.

What accountants I did was I played the rhythm for Tarkus and then I immediately looked at the color construction that was being filmed or that was being photographed. So then I could immediately recognize it as the piece “Tarkus,” because I know what the shapes are.

Although there are many aspects of the business that can be tracked, it is not necessary to go for every detail of the entire operations. This will just overwhelm you and give you more things to think about instead of doing the bigger and more important things. Choose one to three important aspects of the business to track and conceptualize a plan on how to improve them. Assign an employee to execute the plan and ask for a progress report every week or every month.

This is real musicianship, all throughout the entire trio. It is for people that want to hear and see real music, versus just seeing a celebrity virtual performance.

12. Interest on late payments (State the specifics of the late payment penalties, including interest charged. This is not too much information, as many clients do not think in advance about these issues. By stating it clearly, the client can see that all aspects of payment agreement have been thoroughly looked into and will be less likely to complain later).

34. Compile your own directories. Most of us will do this to some extent for say telephone number and addresses. But it’s surprising how much time you’ll save if you keep even more numbers such as those of main contacts in other departments and supplier companies. Also, do this for domestic purposes – local cinemas, friendly trades people, airport, train station, hotel venues and the children’s school.

This is because the errors from the tax return entries will now be used against the taxpayer. It may be possible that those entries created a swell on its actual taxable income; hence tax balance is due. And if this has been going on for several years, a mounting tax debt, penalty, and interests will haunt the taxpayers.

Is there a lack of face to face communication? Are people relying too much on email to deliver instructions? Does this result in a lack of understanding. Confusion leads to mistakes, which means it takes longer to get things done. Instructions are best conveyed in person.