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Seven keys to freedom by managing more with less
1.
Seven Keys to
Freedom by Managing more with less © Copyright – One Sherpa Pty Ltd 2010
2.
What do you
think management is about? © Copyright – One Sherpa Pty Ltd 2010
3.
Do you think
it’s simply the operational and technical parts of your business? © Copyright – One Sherpa Pty Ltd 2010
4.
But what about
the money and the numbers? © Copyright – One Sherpa Pty Ltd 2010
5.
Do you know
precisely where the money has disappeared in your business? © Copyright – One Sherpa Pty Ltd 2010
6.
I bet you’ve
had this problem at some time…. © Copyright – One Sherpa Pty Ltd 2010
7.
You pay all
the wages for the employees and the bills for the suppliers and there is nothing left for you!! © Copyright – One Sherpa Pty Ltd 2010
8.
Becoming a real
manager is about connecting the day to day business with the money © Copyright – One Sherpa Pty Ltd 2010
9.
So here are
seven keys I’ve found that will help you do this © Copyright – One Sherpa Pty Ltd 2010
10.
KEY#1 Profit doesn’t equal cash
© Copyright – One Sherpa Pty Ltd 2010
11.
You can’t take
profit down to the bank and make a deposit! © Copyright – One Sherpa Pty Ltd 2010
12.
Profit can often
be an opinion but cash is a fact! © Copyright – One Sherpa Pty Ltd 2010
13.
KEY#2. Cash flow keeps
the business going © Copyright – One Sherpa Pty Ltd 2010
14.
All the profit
in the world can’t be used to pay your wages © Copyright – One Sherpa Pty Ltd 2010
15.
Just like a
flowing river, cash must flow through your business © Copyright – One Sherpa Pty Ltd 2010
16.
Cash is the
one resource you can use to BUY anything! © Copyright – One Sherpa Pty Ltd 2010
17.
KEY#3. Management must include the
money © Copyright – One Sherpa Pty Ltd 2010
18.
Do you leave
the money issues to your book keeper or other people while you manage the business? © Copyright – One Sherpa Pty Ltd 2010
19.
If you try
and hide from the money it will come and find you! © Copyright – One Sherpa Pty Ltd 2010
20.
When your business
is running short of money ALL your employees will come running towards you looking for an answer © Copyright – One Sherpa Pty Ltd 2010
21.
A competent manager
MUST know what’s happening and what to do with the money © Copyright – One Sherpa Pty Ltd 2010
22.
KEY#4. Numbers can help you
manage remotely © Copyright – One Sherpa Pty Ltd 2010
23.
Do you often
need to be in a hundred places at once? © Copyright – One Sherpa Pty Ltd 2010
24.
What this means
is that sometimes you need to manage remotely © Copyright – One Sherpa Pty Ltd 2010
25.
In these circumstances
all you have is numbers and paperwork © Copyright – One Sherpa Pty Ltd 2010
26.
…and these are your
greatest resources if you know how to use them properly © Copyright – One Sherpa Pty Ltd 2010
27.
Understanding the
numbers means you can manage your time more effectively © Copyright – One Sherpa Pty Ltd 2010
28.
…by influencing your business when
you’re not physically there © Copyright – One Sherpa Pty Ltd 2010
29.
KEY#5. Paperwork is paramount
© Copyright – One Sherpa Pty Ltd 2010
30.
Are you allergic to paperwork?
© Copyright – One Sherpa Pty Ltd 2010
31.
You must overcome
this allergy as paperwork is your greatest friend in management © Copyright – One Sherpa Pty Ltd 2010
32.
It charts the
progress through your business and shows you what’s happening © Copyright – One Sherpa Pty Ltd 2010
33.
Your profit is
the outcome of your paperwork and… © Copyright – One Sherpa Pty Ltd 2010
34.
If you really
want to know what profit you’re making, © Copyright – One Sherpa Pty Ltd 2010
35.
make sure
your paperwork is up to date and accurate © Copyright – One Sherpa Pty Ltd 2010
36.
KEY#6. Business is about flow
© Copyright – One Sherpa Pty Ltd 2010
37.
When things get
stuck in your business they become a pain in the neck © Copyright – One Sherpa Pty Ltd 2010
38.
Whether it is A
supplier that won’t supply, © Copyright – One Sherpa Pty Ltd 2010
39.
A customer that
won’t pay, © Copyright – One Sherpa Pty Ltd 2010
40.
A computer that
won’t compute © Copyright – One Sherpa Pty Ltd 2010
41.
or A product that
you can’t get right © Copyright – One Sherpa Pty Ltd 2010
42.
All of these represent
a lack of flow © Copyright – One Sherpa Pty Ltd 2010
43.
And of course
the greatest pain is when cash flow isn’t flowing © Copyright – One Sherpa Pty Ltd 2010
44.
If in doubt
look for places where you can get things flowing in your business © Copyright – One Sherpa Pty Ltd 2010
45.
If in doubt
look for places where you can get things flowing in your business © Copyright – One Sherpa Pty Ltd 2010
46.
KEY#7. It is about
the money © Copyright – One Sherpa Pty Ltd 2010
47.
How many times
have you heard it’s not about the money? © Copyright – One Sherpa Pty Ltd 2010
48.
Well business IS
about the money © Copyright – One Sherpa Pty Ltd 2010
49.
At the end
of the day if a business runs out of money it dies © Copyright – One Sherpa Pty Ltd 2010
50.
Make sure you
don’t neglect to manage the money flow in your business © Copyright – One Sherpa Pty Ltd 2010
51.
Summary of tips: 1.
Profit doesn’t equal cash 2. Cash flow keeps the business going 3. Management must include the money 4. Numbers can help you manage remotely 5. Paperwork is paramount 6. Business is about flow 7. It is about the money © Copyright – One Sherpa Pty Ltd 2010
52.
Are you a
business owner? © Copyright – One Sherpa Pty Ltd 2010
53.
Are you finding
that you're working harder than ever, but at the end of the month you wonder where all the money has gone? © Copyright – One Sherpa Pty Ltd 2010
54.
Are you worried that
another year of your life will pass you by, and you'll have made no real progress? © Copyright – One Sherpa Pty Ltd 2010
55.
How would you
like to spend 60 seconds and get a business "health check" that will pinpoint the EXACT problem that your business is facing… © Copyright – One Sherpa Pty Ltd 2010
56.
and give you
specific, targeted advice about how to turn your business around… © Copyright – One Sherpa Pty Ltd 2010
57.
and unlock the
true wealth and potential locked up in the business you already own? © Copyright – One Sherpa Pty Ltd 2010
58.
It's easy, it's
simple, it only takes one minute, and the best part of all, it's 100% free: © Copyright – One Sherpa Pty Ltd 2010
59.
Take you FREE
business check checkup at: http://www.oneminutebusinesscheckup.com © Copyright – One Sherpa Pty Ltd 2010
60.
This presentation has
been brought to you by: An online global resource centre and membership community dedicated to helping small business owners succeed and prosper www.onesherpa.com © Copyright – One Sherpa Pty Ltd 2010
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