However, business improvements and changes are something that is constant in the business world. Here, I want to give you one introduction to the process of continuous business improvements with the help of the business potential energy technique.
In previous posts about the business potential energy I write that the methodology of business improvements, must contain the business life cycles. It is important because we have different business elements with different business potential energy in a different stages of the business life cycle.
So, you need to use the stages of the business life cycle to describe some business elements in correlation of the business potential energy and business performance.
This will be the series of different articles from different sources on the internet for the previous week. Every week on Monday I will present the best articles that every entrepreneur must read from the previous week. Now the previous week is 32nd week from year 2009. Let’s see it:
- 5 Steps to Building a Successful Niche Business on Entrepreneur.com. Explain 5 steps that you must read to build successful niche business:
- 8 Franchise Ownership Myths on Entrepreneur.com will explain you 8 different myths that will help you evaluate whether buying a franchise is right for you.
- Top 5 Business Lessons for Entrepreneurs, Interview with the Sabrina Parsons, CEO of Palo Alto Software on Shetakesontheworld.net.
- An 18 Minute Plan for Managing Your Day on Blogs.harvardbusiness.org gives three steps that take less than 18 minutes over an eight-hour workday to create a plan for managing your day.
After a series of three posts related to this topic where you can read about the basics of sales funnel, sales funnel improvements and sales funnel metrics, I want to share a sales funnel template that you can use to plan the sales and marketing activities that will change the metrics of the funnel itself.
There are many management methodologies and philosophies that cover business improvements as a basis for long-term business development. Some of the most popular in the last years was Japanese improvement philosophy Kaizen that will be covered in some of the next posts. Here I want to explore the butterfly effect practice that shows how small changes and improvements can impact on the overall business and increases their business potential energy.
Do you know your sales funnel metrics? This is important for you and your business if you want to achieve business growth.
You know that sales funnel is one of the most important business elements that can increase your overall business potential energy. Previously, I have written two posts about sales funnel. The first is an explanation about the sales funnel. The second is about sales funnel improvements.