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Value Stream Consulting Mission Statement Our Belief and Focus……Even a great process can improve if you look at it from the right perspective. With leadership and team commitment any organization can reach its desired potential. The ability to recognize or see potential is easy, knowing how to navigate the improvement process is where we excel. A Division of Learning Social Marketing

How To Build A High Profit Business

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Mission Statement Our Belief and Focus……Even a great process can improve if you look at it from the right perspective. With leadership and team commitment any organization can reach its desired potential. The ability to recognize or see potential is easy, knowing how to navigate the improvement process is where we excel.

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Page 1: How To Build A High Profit Business

Value Stream Consulting

Mission Statement

Our Belief and Focus……Even a great process can

improve if you look at it from the right perspective. With leadership and team commitment any organization can reach its desired potential. The ability to recognize or see potential is easy, knowing how to navigate the improvement process is where we excel.

A Division of Learning Social Marketing

Page 2: How To Build A High Profit Business

Building a High Profit Business

An overview of the first 10 criteria needed from the list of 21!

Value Stream Consulting

Page 3: How To Build A High Profit Business

1…Mission Statement

How you service your customers. The Benefits you offer. Your business values, vision and overall

perspective.

Page 4: How To Build A High Profit Business

2…What Business are you in?

What is your product? How does it assist in serving your

customers? What are you Doing for your customers?

Page 5: How To Build A High Profit Business

3…Who is your customer?

Define your customer. Location, Industry, number of employees,

profit margin. Attract the client that you want to service.

Page 6: How To Build A High Profit Business

4…Competitive advantages

Keep your competition on the radar. Learn from them. Find out your customers Wants and Needs. Talk to your customers and ask them what

are their want and needs. Communication is an important key to

success.

Page 7: How To Build A High Profit Business

5…Long term thinking

Short term and long term company goals. What skills are needed down the road to stay

competitive? Understand your present location first, then

plan ahead.

Page 8: How To Build A High Profit Business

6… Clear sense of direction

Develop targets and goals. Outline individual and group agendas. Paint a very clear picture of your expectations. G- Goals O- Objectives (Sub-Goals) S-Strategies, leads to objectives then goals P-Prioritize , rank your agenda A- Activities, specific deadlines, assigned tasks *** Make your desired future your reality***

Page 9: How To Build A High Profit Business

7…Key profit areas

Focus on your top producers. The 80/20 rule applies here. Diversification is not always improvement! Forecast trends. Rank your profits streams by calculating

(profit, cost, time).

Page 10: How To Build A High Profit Business

8…Set performance targets

What gets measured gets DONE! Measurable performance is needed for

production. The subconscious urge for completion.

Page 11: How To Build A High Profit Business

9…Management style

Top executives spend 75% of their time talking with staff and observing productivity.

Staff meetings once a week. Talk to all management staff for a few

minutes per day, at least! Open door policy is a must.

Page 12: How To Build A High Profit Business

10…Customer service

This is a must …Develop an obsession with customer service.

Your opinions set the benchmark for customer respect, within your company.

The 4 Levels of Service are… To Meet Expectations… To Exceed Expectations… To Delight the Customer…(Above and Beyond) To Amaze the Customer…( They tell other people)

Page 13: How To Build A High Profit Business

Contact Information

Looking for Business Consulting to develop or expand your present business needs.

For Online Business Growth and Business Development.

[email protected]