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Planning for Success:
Springtime means the plants are blooming again. Is your business
plan helping your business bloom too?
Ask
me how. |
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Success Stories from 2009
We’ve all been hearing a lot of bad news from last
year about layoffs and businesses closing their doors, but I know
of a few businesses that actually did well in 2009. These are all
companies - clients of laPLANette - that have had business plans
in place for the past few years, have kept the plans updated to keep
pace with the changing environment and have consistently followed
the plans they’ve laid out.
Company 1
Introduced a new product line in 2009 and continued
to invest in marketing while managing costs very closely. As a result
this company:
- Grew Revenue by 15%
- Generated a 13% profit
- Added staff
- Owner was paid a salary
Company 2
Refined their marketing strategy to target larger clients
which allowed them to increase the scope of projects they worked
on. They did fewer projects in 2009 but at a higher price. As a result
this company:
- Grew Revenue by 28%
- Generated a 10% profit
- Will be adding staff in 2010
- Owner was paid a salary
Company 3
2009 sales were down but it was still the 2nd best
year ever in the company’s history. They focused on customer service
and managed expenses very well. As a result this company:
- Generated a 4% profit
- Added staff in 2009
- Will be investing in marketing in 2010
- Owner was paid a salary
All of these companies were successful in 2009 in part
because they had a plan and they executed on it. They adapted to
changing market conditions and looked for new opportunities for growth.
How many of you are happy with your 2009 results? Are you building
a company of value that pays you the income you deserve? If not,
let 2010 be the year that you refocus on strategically growing your
business. The key is having an actionable plan that outlines a clear
path to success and profitability.

Vickie Olson
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Work Smarter, Not Longer
By David Port | For
the full article, visit: Entrepreneur
Magazine - December 2009
Brett Schklar built Market Creation Group into Denver's fastest-growing
private company by working fewer hours and relying on shrewd planning
and execution. Some of the keys:
- Make sure somebody needs what you are offering. Identify a niche
- a void your company is uniquely positioned to fill - and exploit
it.
- Define the types of clients you want. And avoid the ones you
don't. They're not worth the trouble.
- Tap your network. Known quantities offer fewer unpleasant surprises.
- Hire people to bolster your weaknesses. The goal is to build
a balanced, highly capable staff.
- Plan, plan, and plan some more. "It's about having a big,
awesome long-term vision, plus a staged approach to growth," Schklar
says.
- Make team members privy to your company strategy. "That
gives everybody a compass," he explains, "and leaves
less room for error."
Deliver superior work. Satisfied clients are sticky clients. In
2008, Schklar notes, Market Creation Group doubled its revenue without
adding a single new client.
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Kelly Quashnie
Founder, Creative Director, Studio Cue
www.studiocue.com
Phone - 503-719-5095
Email - kelly@studiocue.com
About
Kelly
Kelly
Quashnie is the founder and lead Creative Director of interdisciplinary
design at Studio Cue. Her experience working both as part of a large
creative agency as well as client-direct has equipped her to partner
with clients of all sizes and categories to handle major branding
programs, advertising campaigns, website and interactive projects.
Kelly is a tireless advocate for building brands that are strategically
sharp, unique in their marketplace, and that succeed to connect with
their audience in meaningful ways. She has worked closely with many
leading marketers including Circle K /76, Saturn, Phoenix Children’s
Hospital, illyEspresso, Herzog-Meier, Shands Healthcare, Oregon Automobile
Dealers Association and Providence Health & Services, as well
as emerging companies and non-profits including Beaverton Education
Foundation and the MLD Foundation. The spectrum of her creative expression
is as diverse as the clients Studio Cue serves.
Kelly serves as an executive board member of the Beaverton Arts
Commission, where she promotes the integration of all forms of art
to the community at large. She is an active member of the Beaverton
Area Chamber of Commerce, serving on the Business Matters! committee
to provide business professionals with practical, effective advice
for saving money, making money and building business connections.
Kelly has been recognized for her creative vision and innovation
in communication design by the American Art Institute of Graphic
Arts (AIGA), Michigan Advertising Federation, and her work has been
published in several graphic design books by Rockport Publishers.
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Love's Labours Lost by William Shakespeare
NW Classical Theater
Mar. 19 through April 18
Shoebox Theater
2110 SE 10th Ave.
Portland, Oregon 97214
MORE INFO
Women in Business Awards Luncheon
Thursday, April 8 2010
11:15 to 1pm
Hilton Hotel
921 SW 5th Ave.
Portland, OR 97204
WEO Connect and Grow Event
Tuesday, April 13 2010
5:45 to 8:30pm
Kells Irish Pub
112 SW 2nd Ave.
Portland, OR 97204
MORE INFO
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