Good day and hope you are looking forward to a productive week.
This week we are announcing our new community - The Community of Commerce for all insiders. Everyone who has JOINED US and become an inside we are moving off of the weebly web platform to a community site on Tribe.
This will provide an opportunity to share information, ask questions, and gain support for starting, growing, or exiting your business.
It is our version of the Chamber of Commerce - what it could have been instead of what it has become. This community has one goal - your success as a business owner to build generational wealth for your family. That growth will create more and better jobs in your local community.
It is a stand alone (outside the control of the arbitrary large providers) platform that provides entrepreneurs and business owners a space for the free and open exchange of ideas.
As a member of IBGR's Community of Commerce you can:
On a closing note, if you want to know what drives everything we do - checkout this article: from Australia (click here).
And that is just restaurants - what about everybody else?
Have a great business week.
Show Objectives - The Why
Every business is the same and every business owner wants to be successful. With that in mind, how can you create strategic partnerships with your vendors and suppliers to create as many win-win relationships while protecting your cash flow? Cash is King in your business right now and your main role as the business owner is to look for ways to keep it flowing. Your business depends on it.
Key Issues - Owner Perspective:
What You Need to Know - The What
Every decision you make right now needs to focus on getting the best deal possible. Ways to do that is by negotiating better quick pay, longer terms (one week can make all the difference) and looking for ways to find “lost” revenue by revisiting late accounts and improving your cash management. Your numbers on paper are not necessarily an accurate reflection of your cash flow. Applying lean principles and frugal cash management could mean the difference between saying goodbye to your business or growing to the next phase.
EPISODE B.015 LEAN IT UP NOW!
EPISODE B.001 PRINCIPLES OF LEAN THINKING
EPISODE B.005 THE DISCIPLINE OF LEAN
EPISODE B.004 MUDA OR WASTE
What You Need to Do - The How
written by Donna Kunde
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