Greetings from the Mt Shasta. I’m reviewing some issues for upcoming blogs. Does your company (do you?) have a list of principles by which you stand for in the running of your business?
Try these on for size and or create your own is you don’t already have some.
Business Principles
1 We operate our business with integrity and that being of service will be profitable.
2. We accumulate cash reserves; we pay ourselves and our workers and vendors on time.
3. We take responsibility for our business commitments and obligations and remember that we are in charge of the professionals that work for us.
4. We maintain clear and orderly financial records.
5. We have clear knowledge of our overhead, operating expenses, pricing and profit, accounts receivable, accounts payable and all of our assets and liabilities.
6. We have a business plan, and goals and visions for ourselves and our business.
7. We place all agreements in writing.
8. We budget our time realistically and focus our work time on generating revenues.
9. We value our goods and services and price them accordingly.
10. We are willing and able to ask for help when we need it. And we are at peace with ourselves and allow our business to grow and expand harmoniously.
