The Premier Success System for Women Entrepreneurs

4 Steps to Strategic Business Development for Entrepreneurs

Published Date: Aug 22, 2012 | Blog Category: eWomenNetwork

business development business strategy

Phyllis Smith

Strategic Business Development is a MUST for all entrepreneur and small business owners.

At minimum your team should set business foundational objectives and goals annually in these four categories:

  1. Financial Objectives

  2. Customer & Sales Objectives

  3. System & Operational Objectives

  4. Team Development & Company Culture Objectives.

Often solo-preneurs feel this process is not necessary because the are a one person show and already know what they are after. However, I must remind entrepreneurs and business owners that a SUCCESSFUL and PROFITABLE business is never a one person show. Even solo-preneurs have mentors, advisors, administrators, legal advisers, insurance agents, accountants and often other outsourced team players that need to know and understand your company’s objectives and timelines.

Do you currently have a strategic business development blueprint for your business?


 Author, Mary Kay Sheets
Founder, RethinkINC


 

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