Blueprint for Business Success - preview film transcript

Short extracts from our complete program.

Extract from the introduction to The Business Owner’s Blueprint for Business Success:

Welcome to The London School for Small Business

This is the first step towards improving your understanding of your business.

Why is that important? Quite simply if you want to change your results, you need to know what to change and where to focus your efforts.

Our first task is to help you understand how the program is organised. We begin with the ultimate aim for any business – to build a commercial profitable business that works without you so that you can sell it as a valuable asset.

This then flows into the ideal business structure which is further divided into two areas: Working IN and Working ON.

And as we move on there are various elements contained within each of these. And there are exercises for each section.

As we work through the program we will follow a simple format:

• Introducing and explaining an area or a subject.


• Providing examples where appropriate.


• And then helping you apply best practise to your business.

For each exercise we will ask you to note down up to 5 actions you can take that will have maximum impact on your business.

At the end I will explain how to create your first 11-point priority action plan… (end of extract)

Extract from Module 7: Attributes of a successful business owner

We have identified the following attributes as being essential for success:

Having a vision for the business
If you don't know where you are going how will others? Remember it provides motivation for you and those around you.

Being a good communicator
Can you talk to people? Are you clear about what you want from them?
Do you trust people? If you don't then they won't trust themselves either.

Being Disciplined
People hate inconsistency in those that lead them. Are you a good role model for your business?

Having Business Knowledge
Work harder on yourself than you do on the job. You'll reap the benefits in business success.

Having a healthy work/life balance... (end of extract)

Extract from Module 10: What drives the profits in your business?

The Profit Accelerator
One thing all businesses have in common is that in order to survive and continue they must make profit.

We will look at the keys drivers in each of the areas that we need to focus on…

…Now lets see the power of improving each of the figures by 10 %,
a figure that should be achievable for most businesses.

As you can see because of the compounding effect of increasing each figure by 10% profit actually increases by 61%

Imagine the impact of increasing the numbers by 20% or even 50% - perfectly achievable in the real world.

So now it’s your turn to do the numbers for your business… (end of extract)

Extract from Exercise 10: Discovering what drives your profit.

…So what sort of thing could you do in your business to increase each of these profit drivers?

First look at margins. When did you last increase your prices, this is the simplest way to increase margin… (end of extract)

Extract from Module 12: Creating your Blueprint

The Priority Action Plan

So here we are with a lot of paper and a huge amount of information about YOU and YOUR business

Transfer all your actions onto the Priority action plan where indicated on the left of your page. You will now have a good idea what areas of your business need your attention.

Decide what you will focus on over the next 90 days

Then go through each exercise and set of actions and pick just one action per set - the one that will have the biggest impact on your business.

Transfer that action onto the plan, where indicated on the right.

In true planning style follow the S.M.A.R.T. rule - Specific, Measurable, Achievable, Realistic, Timed, and state By Who and By When.

As you do each one, answer this question: what Impact will this have on my business when this is completed?

If you can’t answer that, re-visit the action point. Don't waste your time on doing anything that won't improve a situation.

Once you've completed all 11, you now have your 90-day, priority action plan.

CONGRATULATIONS
(end of extract)