Mauro Libi: Five keys to reach business success

     To achieve business success, it is essential to clearly define the objectives, the goals to be achieved, and the strategy to fulfill this task. Let's start by pointing out that there are five main elements that allow you to turn your business into a great organization that you have to apply to be able to obtain the business success. It is not enough to formulate imprecise goals like wanting to be profitable or to make big profits. No, it is necessary to formulate specifics: such as achieving a profit quantity during that year or achieving such a margin of profitability through such a strategy.

     Therefore, the entrepreneur who intends to be successful requires the following aspects:

1. Ideal client: You need to be clear about the niche market and the customer you want to serve. Create a representation of your client that contemplates their age, sex, profession, trade, direction, aspirations, economic level, needs, and expectations. Define that perfect client to which your organization aspires.

2. Potential profit: For this, it is necessary to establish your contribution margin is sufficiently attractive to cover the fixed costs and expenses, as well as the payment of the debts and the gain to which it is aspired. Your business has to be profitable.

3. A good team: Those who work with you have to form a competent, diligent and committed group with the goals and objectives of the organization. They have to be fully identified with the brand. So, hire the best talent you can afford, regardless of the size of your business. When evaluating and measuring the performance of your staff you should do so in terms of results and not hours worked.

4. Understand and control your company: To do this, take advantage of the control tools available that allow you to accurately establish the financial situation of your company, as well as its results, production and margins of profitability. Ensure that the organization's financial statements are ready by the tenth day of each month. Also check the suitability of these. You should also use tools that measure the results of every area of the company, as well as your environment, competition and trends.

5. Define where you want to be: In a period of 5 or 10 years, set sales goals, as well as earnings and accumulated wealth, expressed in assets, investments, lifestyle, and so on. Don’t miss any detail, set short-term goals because you must know how much you aspire to earn in a month, in six months and in a year.

Visita:

http://maurolibiempresario.blogspot.com/

http://maurolibithinkingforbusinesses.blogspot.com/

http://maurolibivenezuela2015.blogspot.com/

http://maurolibicaracas.blogspot.com/

http://maurolibivenezuela.blogspot.com/

http://maurolibicrestaniempresariodeexito.blogspot.com/

http://maurolibicrestani15.blogspot.com/

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Mauro Libi: Businesses family: care and control

     The durability in time of the familiar companies depends very much of the care and control that they have. Like any organization, it is necessary to achieve the objectives, goals and strategies that have been established at the time of its constitution and in addressing the different projects that take place in it. The control exercised over them seeks to influence the definition of the last objectives, but not in the operational means of the organization to achieve them, which depend on the administrative part. Achieving business objectives involves some control of the means by which it is possible to achieve them.

     There is clarity in what control means influencing procedures and making it possible to do business as usual with strategies and objectives. In the organizations, there are:

 A) Control of specific actions: To ensure that the organization's tasks are carried out and the behavioral, physical and administrative restrictions are implemented.

 B) Control of the results intended: To verify that the results meet the needs expressed by the objectives and with the planned.

 C) Control of the personnel: This ensures that the members contribute the best for the organization.

     In family businesses, disbelief about the role of the family inside the organization is common, as it is seen as a source of uncertainty for the proper functioning of the business.

Some specialists have observed that control in family businesses involves the establishment of an informal social system in which values ​​and beliefs are shared about how to coordinate their efforts to achieve business and individual goals. It is a control attributed to intimate associations of people dedicated to the economic activity, but united by a bond of blood or family.

     This type of control is only possible if there are a rule of reciprocity, a legitimate authority and a social agreement in which values ​​and beliefs that share and guide every day the everyday activities. By reciprocity is understood an agreement among the members in which if it doesn’t act sticked to the value received in the same way, its peer will punish it. It is necessary that those who work in the company are coupled to family values ​​and principles and share them, even when the organization becomes bigger and it should be established a specialized control system. In the familiar enterprises informal control will be essential to give legitimacy to formal control.

Visita:
http://maurolibiempresario.blogspot.com/
http://maurolibithinkingforbusinesses.blogspot.com/
http://maurolibivenezuela2015.blogspot.com/
http://maurolibicaracas.blogspot.com/
http://maurolibivenezuela.blogspot.com/
http://maurolibicrestaniempresariodeexito.blogspot.com/
http://maurolibicrestani15.blogspot.com/


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