Operating a successful business is a balance of planning and action. Ben Franklin said it best, “If you fail to plan, you are planning to fail.” All too often, business owners believe they only need a business plan when they are seeking funding. Nothing could be further from the truth. Regardless of whether you are pursuing financing or not, every business needs a guide, a reminder of its purpose and mission.
Once you have a plan, it needs to be implemented. Information needs to be disseminated. Employees and managers need to be trained on new procedures and processes. Operational activities need to be coordinated to ensure maximum efficiency.
As a seasoned business operations specialist, I’m able to review every aspect of your company’s operations for the purpose of improving operational processes to better serve its clients and to make operations more efficient, effective and compliant. I take the time to not only get to know your business, but your industry too. If you need some help getting off the ground, staying off the ground or just an extra set of eyes and hands to accomplish your business goals, you’ve come to the right place.
Accounting Systems
Choosing the right accounting system can be daunting. Most small businesses use an off-the-shelf accounting software program like QuickBooks or MYOB, which are great, so long as they are setup properly. Does your accounting system meet your needs? If not, do you think it could if it was setup differently? Does your business require specialized software that needs to be bridged to your accounting software? And, after you choose, how do you run it all?
All of these decisions can be overwhelming, nevertheless, this process doesn’t need to distract you from running your business. Let me help you from procurement to procedure documentation.
Business Planning
Every business requires an internal business plan. Whether you are a one man/woman show or you have employees, you need to have a clear and up-to-date plan for your company. Plans, plans, and more plans. You need a plan for everything. Talent plan, strategic plan, financing plan, marketing plan, even an exit plan. They are all crucial to the operation of your business.
An added benefit to having an up-to-date internal business plan is that you have a head start when you need to generate a business plan for financing. So, if you don’t have a plan or your plan is more than two years old, you need a new or updated plan.
Operational Management
Studies show that 80% of small businesses fail within the first five years, however, starting on the right foot increases your chances of success. Cooki Karriem offers you customized support services to help you navigate the complicated process of starting a business. In addition to accounting system setup and business planning, you’ll need to ensure your office is efficiently setup and you have the right operating permits and proper registration.
Let's analyze your company’s operations in order to help you determine how to best serve your clients’ needs as well as create processes and procedures that improve efficiency and reach company goals in a timely and profitable manner. Synchronize activities and responsibilities of staff to ensure that are well trained and resources are used most efficiently in the pursuit of company goals.
How outsourcing will save you and your company time and money. Learn More →
