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Posted: Tue 17:27, 10 Sep 2013 Post subject: woolrich bologna Scalable Business Model |
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Nicole Newman is passionate about seeing businesses grow using technology tools that increase productivity. The digital divide is separating the United States into two communities: technology-savvy and technology-illiterate. With a Temple University bachelor's degree in Management Information Systems, she is armed with solutions.
Nell Merlino, founder of the "Make Mine A Million $" business contest has a saying "Business owners need to work ON their business not IN their business." Working ON your business means the CEO/President is completing the job of [url=http://www.1855sacramento.com/woolrich.php]woolrich bologna[/url] strategic planning for the growth of the business. Working IN your business means the CEO is the only employee and trying to do all the work leaving no time for strategic planning. Working IN your business also means that the business is capped by the ability of the business owner. [url=http://www.gotprintsigns.com/uggpascher/]bottes ugg pas cher[/url] Therefore the business can not grow beyond the CEO/President's ability to do the work. The job of the CEO/President is to hire and train employees so the owner can work ON the business by focusing on strategic planning. From a technology prospective, business owners must plug their new hires into the business system. 21st century technology has allowed small businesses equal opportunity to technology systems that were previously available to only big businesses. It was big companies who spent million and billions during the 1980's on business process reengineering. Now technology has brought these systems to the internet as web-based applications who allow small companies access to the systems at a fraction of the cost. Putting these systems in place at the small business stage means the business now has scalability.
Scalability as defined by answers.com is "Property of a system that can accommodate changes in transaction volume without major changes to the system. Scalability most often comes into [url=http://www.vivid-host.com/barbour.htm]barbour uk outlet[/url] play when a system user anticipates growth in his business. You would not want to make a significant investment in any system, such as a fulfillment system, if it cannot grow as your business grows. On the other hand, you do not want to pay for excess capacity while you wait for growth to happen. A scalable system can be downsized as easily as it can grow." If the design fails when the quantity increases then it does not scale.
There are charts that show a real world example of a company that has implemented a business model for under 120.00 per month. This model works for multiple types of businesses in a myriad of industries. It is typically for a service industry but for a slightly larger cost (between 25-50 per month), it [url=http://www.vivid-host.com/barbour.htm]www.vivid-host.com/barbour.htm[/url] can be modified to a retail industry with the only difference found in the accounting system. Businesses are built [url=http://www.hanesmorgan.com]hollister outlet[/url] on a foundation of an accounting system, marketing system and legal foundation. Once those systems are in place, processes can be documented and now the functions can move away from the business owner. One can design a model based on the teachings of Michael Gerber, author of the best-selling book The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It. This model is completely scalable; [url=http://www.vivid-host.com/barbour.htm]barbour uk[/url] adding additional employees, products or new customers does not change the system. It works for 1 employee business all the way up to a business with 99 employees. As the business grows, technology [url=http://www.rtnagel.com/louboutin.php]louboutin pas cher[/url] system costs actually decrease unlike most other systems where the technology costs increase. This model [url=http://www.gotprintsigns.com/uggpascher/]ugg pas cher[/url] does not charge like most IT systems which base their price on number of licenses. As a one person business, the cost per user is 120 per month, 2 person business cost is 60 per user per month, 3 person business cost is 40 per [url=http://www.buynflticketsonline.com]NFL Tickets[/url] user per month, etc. Since these are web based systems, all the information can be accessed 24 hours a day from any internet access point, even your cell phone. In this model, your company is just a subscriber which dramatically passes cost savings to the business.
Adding the systems to the business model solves the first issue of technology but now we have to address the second issue of human capital i.e. employees. Employees are how a business generates profit. Employees are paid a [url=http://www.1855sacramento.com/peuterey.php]peuterey outlet[/url] salary though the business generating revenue. As long as the business generates revenue greater than the salary paid to employees, a profit for the company can be obtained. In states like PA, there is actually a program which allows your business to access human capital for free. That is right, six months of human capital for no cost! This is a program based on the welfare to work system. Employees are placed through the [url=http://www.hanesmorgan.com]hollister sale[/url] 10 EARN (Employment, Advancement and Retention Network) Centers and their 20 hours per week salary is paid through the state. Finding labor is not easy but with the right network, it can be easy to navigate through the system. [url=http://www.rivaluta.it/hot/hogan.asp]hogan outlet[/url] Now your business can afford the technology systems and human capital to grow from a one man show to a profitable business enterprise!
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