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My name is Kathleen O’Brien. Since starting Business Support Center in the Womens Business Center in 1993 as a virtual assistance company, I’ve talked to thousands of business owners. Although the term VA didn’t exist then, business owners and career professionals with too much to do needed assistance and advice about how to get it all done to take their business to the next level.
My clients trusted me to show them how to have more time for
It’s the weekend so I’ll keep it short. I’m back home from the garden store where I bought soil for my square foot garden. While there I couldn’t help thinking of my fellow entrepreneurs growing their businesses. Shopping for the best plans to address the biggest challenges in running their business.
For my garden, Dromgoole’s Ladybug Square Foot Gardening Blend has just the right mixture. For your business you need just the right mix of products, target audience, marketing, systems, reporting. And so I wanted to ask you:
What is your biggest headache or challenge when it comes to growing your business?
You know, all that “preparing the soil” stuff that goes on… what is causing you the most pain or frustration? What do you consider to be the biggest missing ingredient in your business?
>> Go ahead and post your answers by leaving a comment.
I’m doing a very special live one-on-one coaching session on November 7th and I want to make sure that I’m targeting some of your biggest headaches. (consider me your business Ladybug, LOL)
So please do share by leaving your comment below – and if you haven’t done so already be sure to grab your very own 25 minute spot on Monday, Nov. 7th by clicking here.
Might sound funny to say, but I look forward to seeing what is causing you frustration. 
No individual knows everything. And together, we know a great deal.
This is the reason the WBAF Master Mind for Women Business Owners exists – to bring people together to listen, to speak, to give, to take…To share.
The Master Mind Groups are just one of the things we’ve developed to bring people together to share experiences and ideas on how best to find and implement the business you have dreamed.
People from all over have come together to join this amazing group. Every one of us devoted to the idea of inspiring people to do what inspires them. We show up because we want to share what we know and learn what we can do differently. It’s about helping each other. Because, like any strong community, it’s about people. It’s about working together to build a world in which every one of us wakes up everyday inspired so that we can, in turn, inspire others.
Learn more about it.
What is a Master Mind?
In a Master Mind, each person’s participation is key. Your peers give you feedback, help you brainstorm new possibilities, and set up accountability structures that keep you focused and on track. You will create a community of supportive colleagues who will brainstorm together to move the group to new heights.
You’ll get tremendous insights, which can improve your business and personal life. Your Master Mind group is like having an objective board of directors for your business.
The goal of a Master Mind is to have every single member offer input and feel that her own self-interest is honored and recognized. This step allows for each member to express their personal needs, desires, and wants.
At first sight, delegation can feel like more hassle than it’s worth, however by delegating effectively, you can hugely expand the amount of work that you can deliver.
When you arrange the workload so that you are working on the tasks that have the highest priority for you, and other people are working on meaningful and challenging assignments, you have a recipe for success.
To delegate effectively, choose the right tasks to delegate, identify the right people to delegate to, and delegate in the right way. There’s a lot to this, but you’ll achieve so much more once you’re delegating effectively!
Sep 11
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Cash Flow Is Easy.
Cash flow is income minus expenses.
Period.
Managing cash flow means having enough income to meet expenses, with enough left over to build a cash reserve for growth and unexpected occurrences. If you are not currently using a cash flow projection sheet, start one NOW. This simple tool is invaluable in planning your day-to-day activities as they relate to the growth of your business.
Using The Cash Flow Projection
Your projected income is basically a sales goal to strive for each month. Review the projections often to motivate you to reaching your goals
Your cash flow projection is also a spending plan, enabling you to evaluate which expenses are on target, which are excessive, and when you can plan to give yourself a raise.
Costs that are seasonal or based on inventory depletion will fluctuate greatly from month-to-month. Your projection sheet shows at a glance when to expect the added expense, enabling you to avoid the shortfall.
As month end draws near, evaluate your projected income versus actual income, and if your falling short of the goal, look for places to nudge those figures higher – jobs that can be completed and invoiced quickly, invoices that can be collected with a phone call or reminder note, sales that can be quickly closed.
Want to see a video to help you design your Cash Flow reports? First register for your free account then you’ll be taken to the Welcome page where you can see the video.
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