Tuesday, 7 January 2014

Business start-up guide-

The 5-S  Structure-

 business guideline


The success of a business venture is based upon the strength  of its foundational pillars. How you organize your business determines  the extent of your success.
Here are my 5 –pillars ,to guide you when you want to launch a business, as well as growing your business.
Sort
Sorting means:  grouping your ideas to line up with your vision ,it determines why and how your business is unique  ,What and how can you offer the market a better service? Creating your own brand -in line with your vision.
Let’s say you want to open a restaurant ,and there are a lot of restaurants around, how do you sort your ideas to publish  your Brand-Your vision.

Set
The second pillar is; Setting your business ,at this stage you move your vision from paper to reality. It’s a practical way of establishing your fundamental structures.
Looking at your financials , your marketing plan and all logistics involved in your venture. Set means getting ready to launch your business.
Making sure that all the foundational  parameters are taken good care of-
Reassess  your strengths and your weaknesses ,your advantages and disadvantages.
Develop your self to meet the your business needs.
Prepare for the launch-

Shine
Now you are at the point of launching your business , your ideas should get to the people in all simplicity.
Wise people know that a good start ends ,with the best finish-
And it applies very well during a business launch.
Shinning is putting your marketing plan to work, proving   to your customers  why they need to do business with you.
This pillar involves good marketing strategies, that are implemented to produce results-
To  convince your customers why you are the best.

Standardize.
The forth pillar involves setting a bench mark for your business ,setting targets on the drawing board.
Laying down clear business operating principles for yourself and your co workers.
Outline clearly the procedures to be taken in an decision  to be taken ,eg –hiring and outsourcing services.
All employees should conform to the standards that are clearly laid out.
Creating business standards creates a One –team  Spirit, focus-and minimizes time wasting.
Good standards also improves the quality of your work .

Sustenance.
The last pillar is, sustenance, a high level of quality- management  is  required to ensure that the set standards are always followed.
Entrepreneurs are creators while ,managers are mentors, managers ensure that  that the set standards are followed.
To run successful venture you need entrepreneurial skills as well as managerial skills.
Becoming successful  and  maintaining success are too different things. It all counts for hard work and discipline to build a long lasting empire.

The wise know that success is not an accident, it takes  faith ,focus and hard work. These 5 –pillars are guidelines  to keep you focused and help you  build a successful  business empire.



Author
Munetsi Zunguzira.
0027732657202.
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