Are You Managing Your Business Or Marketing It?

Apr 18
10:15

2008

Tracey Lawton

Tracey Lawton

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Building a successful long-term profitable business isn't about "marketing" your business, it's about "managing" your business - the marketing comes once you have your management systems in place. In this article we'll go back to basics and take a look at the 3 key office systems you need to "manage" your business before you can start to "market" your business.

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There is so much information available for the solo business owner these days that it's very easy to suffer from 'information overload'. There are numerous products,Are You Managing Your Business Or Marketing It? Articles ebooks, and ecourses that tell you how to market your business, get more clients, and increase your income, but I bet NONE of them tell you how to "manage" your business!

Building a successful long-term profitable business isn't about "marketing" your business, it's about "managing" your business - the marketing comes once you have your management systems in place.

You cannot begin to market your business if you can't find the information you need, don't know who you are marketing to, and don't know where you are in your business.

Before you can begin to "market" your business you need to "manage" your business - so let's go back to basics and take a look at the 3 essential office management systems you need to have in place.

Filing Management System

Creating and maintaining a filing system is the very foundation that your business is built on, so this is the very first system you need to put in place - an efficient and effective filing system.

With a proper filing system in place you will very quickly and easily be able to find the information you need, when you need it.

Contact Management System

After you've got your filing system all straightened out, you then need to set about organizing your contacts. This is another crucial area of managing your business. Once set up correctly your contact management system allows you to:

* Store and quickly retrieve clients, potential clients, and colleagues contact information.

* Easily and effectively follow-up with a prospect.

* Quickly and easily locate critical client contact information.

* Build your business.

Financial Management System

The is the final key office management system you need to put in place for managing your business. Having a complete financial overview of your business means that you will be able to much more effectively market your busiess.

Having up-to-date, critical, financial information available at your fingertips allows you to efficiently manage cashflow and be able to know straightaway if you can take advantage of opportunities that come your way.

So remember, go back to basics and first "manage" your business before you "market" your business.