Benchmark Business Group

Business Strategy - Page 3

All business owners and leaders need the time and space to work on business strategy.  We firmly believe that a business is getting the exact results that it has been designed to get, which means if you want better results you must start with a better design.  Below are a collection of business articles on business strategy from our weekly Business Owner Insights.

How to Design a Scalable Business

Did you know the scalability of a business not only makes a business more enjoyable to own, but also increases the market value of a business?Scalability is an important topic that many business owners don't take the time to consider. When a business is not scalable it hits its capacity and plateaus. However, a scalable business is able to grow significantly, handle increased demand, and generate consistent revenue with lower costs
 
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Where is your business duct taping problems?

It doesn't matter what industry you're in or even the size of your business, there's one thing all businesses have in common. There is something in your business that you've fixed temporarily.
 
The duct-tape fix: A problem that has been solved for today, but it's noticeable. It's something that you've moved on from, because it is working right now, but it's there looming in the background.
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E-Myth, Where it Started

This month we've focused on business books that we believe every business owner should read including Built to Sell and QBQ. We want to end the month with one of our favorites by Michael Gerber. The E-Myth Revisited has a special place in our company story, our hearts, and in shaping the way we do business every day at Benchmark Business Group. BBG started out as an E-myth coaching center and was designed by Susan and Bob Clements in collaboration with Michael Gerber. We'll be the first to admit that we're biased when it comes to the E-Myth Revisited.
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Where Does Accountability Start?

Asking ourselves the right questions and making the right decisions is the focus of another favorite book of ours, QBQ! The Question Behind the Question, by John G. Miller. He challenges us to eliminate complaining, blame and procrastination, and begin asking solution-based questions. Instead of asking who is to blame for a situation, we should ask, "What can I do to improve the situation?" Only when we are able to ask this "question behind the question" can we take ownership of a problem and start focusing on a solution.

 
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