The Australian Small Business Blog

Saturday, August 22, 2009

Can Business Planning Ruin Your Business?


When coming of age at Melbourne University many years ago, Lygon Street was a favourite haunt. One of our regular restaurants was Il Gambero. Unfortunately, due to a recent fire, it is no more. While this is obviously, significant for me, why am I writing about it here?


What struck me particularly was an interview with Frank Di Mattina, the owner. He made a comment (see video) that I am sure would resonate with all small business owners.

“Unbelievably, the whole family… it was the first time we have been away from the business, we have been on a business planning seminar.”

This comment raises a number of questions.

Had they been in Melbourne, would the fire still have happened? Fire investigators believe it was started by an old $3 power board in the kitchen. The fire had started 40 minutes after the restaurant had closed for the night. So if they had been in Melbourne, the fire would probably have still occurred. It was an accident waiting to happen.

Would business planning have prevented the fire? The owners may well have done business planning before, but had they undertaken a business risk analysis and developed a risk reduction plan? For example, did they have as part of their plan regular electrical audits by a qualified electrician?

If they had a risk mitigation strategy and plan, was it followed? If it was not, was it because there was insufficient training or some other factor?

Should they ever leave their business again? They should be building a business that does not require them to be present all the time. There should be systems for all parts of their business supported by training, reports and audits to ensure compliance. If these elements are in place, they should be able to be absent from their business as often as they would like.

This is not the family’s only restaurant and I hope they will be back soon, if for no other reason, I just love their Scaloppini Funghi.


May Your Business Be - As You Plan It.

Over to You. What do You Think? Post Your Comments Below.

Dr Greg Chapman is the Director of Empower Business Solutions and The Australian Business Coaching Club and is Australia's Leading Advisor on Emerging Businesses and provides Coaching and Consulting advice to Australian Small Business Owners in Marketing & Business Strategies Planning & Systems. He is also the author of The Five Pillars of Guaranteed Business Success.


Share This Article: Can Business Planning Ruin Your Business?

To send this article to a Friend, click here

The Australian Small Business Blog

Saturday, August 15, 2009

The Lifecycle of a Business


A recent interview with me on BTalk - CBS BNet Australia. This includes a discussion of the issues business owners face when growing their businesses.



May Your Business Be - As You Plan It.

Over to You. What do You Think? Post Your Comments Below.

Dr Greg Chapman is the Director of Empower Business Solutions and The Australian Business Coaching Club and is Australia's Leading Advisor on Emerging Businesses and provides Coaching and Consulting advice to Australian Small Business Owners in Marketing & Business Strategies Planning & Systems. He is also the author of The Five Pillars of Guaranteed Business Success.


Share This Article: The Lifecycle of a Business

To send this article to a Friend, click here



The Australian Small Business Blog

Monday, August 10, 2009

Marketing Awards 2009



Empower Business Solutions is a proud sponsor of the

Marketing and Communications Executives International Awards.



The winner last year spent two weeks on a dream trip to Italy with her partner – an awesome prize! This year the overall winner will go to Club Med in Phuket with a partner. That could be YOU!

Awards are also a great way of getting recognition for your business and creating a point of difference. Any Australian Business is eligible to enter. Even if you don’t win, you could be a finalist which is still a point of difference!

Categories to be judged are:-

-SME
-Small Business
-Micro Business
-Home Based Business
-Woman in Business
-Ethnic Business
-Young Entrepreneur (under 25 years of age)

The Awards close on October 1st, but start on your entry NOW so that you will be able to schedule it into your busy life.

Go to http://www.mcei.org.au/ then AWARDS for detailed information.

Please let me know if you decide to enter and feel free to nominate any of your business associates. When you find a good thing, share it!


May Your Business be as You Plan It!

Dr Greg Chapman

The Australian Small Business Blog


Wednesday, August 05, 2009

Business Owner Winners July Blogging Competition and August Competition



I am pleased to announce the 3 winners of July's blogging competition. The winners will each receive a HP Officejet Pro 8500 Wireless All-in-One printers valued at $499 each.

Firstly a special mention s to both Steve Osborne and Brenda Thompson for their posts. However the three winners are (in no particular order):

Cynthia Colli for her passionate comment on Coles controversial marketing campaign.

Peter Grant for some extremely interesting marketing data about how many contacts it makes to make a sale.

Nerida Gill for commenting on other comments in the best tradition of blogging.

Ladies and Gentleman, your printers are in the mail!

Thank you everyone elso for their contributions.

The August competition will be for 3 months subscription to the Small Business Achiever valued at $141 for the best commenter.

Post Early and Post Often. Carry on Blogging!

May Your Business be as You Plan It!

Dr Greg Chapman

The Australian Small Business Blog

THE AUSTRALIAN SMALL BUSINESS BLOG IN TOP 100 GLOBALLY

Awarded Top 100 Small Business Blog

Award from Feedspot, the international RSS blog syndicator.

Featured Book

Dr. Greg Chapman is also the author of
The 5 Pillars of Guaranteed Business Success

The Five Pillars of Guaranteed Business Success

Facebook

Twitter

LinkedIn

Goggle Plus

Atom Feed