Business measurement is not a tool to beat yourself over the head with, but should be seen as your business’ compass to ensure that you are on track to achieving your vision, mission and goals. Measuring your progress is the quality control function for your execution process, and covers every aspect of the business. Your “business plan” comprises a marketing plan, an operational plan and a financial plan. Each of these will have specific activities to measure. MARKETING PLAN

The word “execution” might conjure up visions of death for some, but sound business execution actually means to give significant life and growth to your business through appropriate actions. So what is the right way to go about it? Your business plan indicates and describes what and how you hope to do business, but you have to implement these plans. Appropriate actions are those that give life to your plan, and build your brand at the same time. What are these appropriate ac

So you have dreamed of opening your own chemical kit manufacturing business, your own coffee shop, ice-cream shop, or bakery? Your next step is to start putting your dream on paper. When you describe your dream in words, you start to bring the possibility into a reality. This process is called planning, and most would call it “the writing” of a business plan. The Springboard Academy’s Terence Knott-Craig prefers to call this the road map to success; the planning of your busin

Have you dreamt of opening your own coffee shop, Chemical kit manufacturer, ice-cream shop, a bakery, cell phone shop, fresh fruit and vegetable vendor store or leather work business? Your next step is to start putting your dream on paper. When you describe your dream in words, you start to bring the possibility into a reality. This process is called planning, and most would call it “the writing” of a business plan. The Springboard Academy’s Terence Knott-Craig prefers to cal

Entrepreneurship is hard work! So often these days, we expect things to “just happen”. What do we mean by this? Well, the government, our teachers and parents tell us to study hard in order to get a good job and make a lot of money one day. In the same way, we might think that if we start a new business, we are entitled to clients who will buy what we flog, and, in turn, we will make a lot of money. The reality is different, and sadly we are seldom taught the realities of lif