Your Business is the Ultimate System
by Sherese Duncan

Once the vision has been defined, you have to organize your business to function like a well oiled machine complete with all components working and evolving – A Small Business System™ - your Tangible Result.

Your working Small Business System™ will tell you…

• What to do with Your Skills
• What to do with Your Business
• What to do with Your Vision
• What to do with Your Money
• What to do with Your Marketing
• What to do with Your People
• What to do with Your Time

…for the life of your business not just right now! Your SBS™ will give you strategic direction and focus.

It’s about being fit, focused, disciplined, and organized – it’s all about the system baby!

Let’s break down some terminology that’s essential for understanding this concept:

What is a profitable business? A profitable business is where all monies coming in exceed all monies going out.

What is a cash-rich business? A cash-rich business has “liquid cash” in the bank to distribute as income, to invest back in the business, and to establish cash reserves for the business.

What is success? This is defined by you.

The Small Business System™ is made up of indispensable, vital components of a small business (sum of business), all of which must be functioning together to get the businesses products and services to the market quickly, easily, and profitably. Your goal is to build a Small Business System™ that is profitable (all monies coming in exceed all monies going out) and cash-rich (‘liquid cash’ in the bank to distribute as income, investments back in the business, and as cash reserves).

The vital components of your small business (system)™ include:

• Culture
• People
• Capital
• Buying Target Market
• Solution
• Facilities
• Infrastructure Systems
• Job Tools
• Marketing Cash-Engine
• Business Intelligence

How do these components fit into a Small Business System?™ Efficio has established a comprehensive list to help small business owners realize that their business is the Ultimate System:

• The culture defines the businesses personality, direction and focus.
• The people give life to your business.
• The capital provides the means to an end.
• The target market defines who the business serves.
• The solution is the component that provides the means of transaction.
• The facilities give a sense of stability and most importantly a place to work.
• The infrastructure systems provide the perpetual motion a small business needs.
• The job tools keep all team members’ skill sets up to par and ensure their success within the business.
• The cash flow engine is what drives the wealth, profits, income, and cash for the owner and the business.
• The business intelligence keeps all activities and budgets on track by measuring and analyzing the success of the business as a whole.

Implementing all the components within your small business is a strategic process that is not a one time deal. It is a continuous process that all business owners need to implement in their business life that needs to be cultivated, customized, and organized based on the vision you seek; and you need direction, vision, passion and purpose to create it.

But, you can’t focus, implement, grow and execute a profitable cash-rich small business (system)™ without defining your barriers and overcoming them. Once you’ve began the barrier breaking step, you can begin your strategic journey on passion road.

If you want to learn about the 5 High Level Ingredients for a Profitable Cash-Rich Business, join for a free Telecourse discussing the small business system in detail and the four other ingredients.

If you’re ready to develop your SBS™ and all its components, try our brand new Strategic Development Business Center and get access to the strategic training you need for free!

To a well-oiled Small Business System™

© 2008 Effició, Inc. Sherese Duncan