Build on your ideas and your market research by planning effective business processes. Understand the connection between your promises, your business relationships and your customers’ expectations. Sustain your business by using the energy and skills of others. Build a business that will continue to be successful without you.
how to ensure my business survives and grows.
Visualise how your business will function by creating a blueprint model. Get an overview of your business processes by breaking them down into engagement, development and delivery stages. Build a model of your business processes by completing a worksheet.
Map how you will come up with, realise and deliver your idea. Work backwards through your blueprint to identify how you’ll achieve your aims. Avoid problems later by identifying potential bottlenecks and planning where you’ll need help from others
Create a flow diagram of your business idea by completing a worksheet. Go into detail by exploring backstage and onstage processes. Study real examples of blueprints to get ideas.
Understand the key activities for your business by breaking them into four categories. Explore which activities you can complete yourself to identify where you’ll need help from others. Understand how the type of business you’re running affects the types of relationships you’ll need.
Explore your relationships by completing a worksheet. Identify your skills and interests to find out where you need to build relationships.
Build successful relationships through mutual trust and support. Strengthen your relationships by creating win-win situations. Build two-way relationships with your customers by inviting them to collaborate in discussions and co-create solutions. Avoid damaging your relationships with suppliers by managing cash flow.
Avoid problems and misunderstandings by creating clear contracts and agreements. Specify exactly who will do what and when … and when the customers needs to pay. Use a sale-or-return strategy to persuade new distributors to sell your products.