This week, I talked about the fact that small business owners need to be aware of how they are competing and should be doing things differently. This week, I talked about the importance of small business benchmarks. These benchmarks help keep your business on track and can help you avoid mistakes.
A good business benchmark is one that helps you see the problem from a different perspective. For instance, a business benchmark may be something like “we’re too dependent on our customers.” While it’s true that customers are the lifeblood of a business, it may not be the best way to look at it.
I have to admit that I have a hard time looking at benchmarks the same as someone with a completely different business. If your business is a small one that doesn’t have other sales and marketing departments, you may not be so familiar with the benchmarks that help you make sure that you are still making the right decisions with your customers. As a small business owner, I try to figure out whether benchmarks are in place for my company and how much they are worth.
When I do that I take into account the size of my company, how many employees I have, and the number of projects I have available. I believe that benchmarking is a critical part of the sales process and it’s important for me to understand these numbers.
There is a whole book about benchmarks, but a common one that I use for small business owners is the following: The more I sell, the more I learn, and the more I can learn. In other words, if I know that I am going to make more sales per quarter, I think that I’ll make more money per quarter.
I’ve seen a lot of small business owners who are not happy with how they’re doing with their business because they haven’t done a meaningful benchmarking process to know whether they can continue to grow their business. I know that it is a numbers game, but that’s why I believe that benchmarking is important.
I know that benchmarking is important because it helps you learn how to do things better and for the most part it is what you need to know to do so many things better. You need to know how to do it right, and you need to know when you are getting it wrong.
If you are growing a business you need to know how to grow a business. If you are starting a new business, you need to know how to begin a business. If you are in an industry, you need to know how to do things better. If you are in an industry where there are laws against it, you need to know how to take advantage of them. If you are in a city, you need to know how to make that city great.
I’m not talking about business laws here, I’m talking about the laws surrounding cities. Cities and states have the right to put in place certain zoning and licensing requirements. It’s illegal for businesses to operate in certain areas, it’s illegal to do anything in certain areas, it’s illegal for people to live in certain areas, and it’s illegal for buildings to be built in certain areas.
As a small business owner I can say that I’ve never felt restricted to a particular part of town. If I want to build a store or a boutique or a restaurant or a bar or whatever, I can do that. I’ve never felt limited by a specific city, but rather that in my area the laws are different than most.