Keep It Simple

Do The Basics, Have A Plan, Make A List

The difference between the successful businesses and the unsuccessful ones is successful businesses do the basics.

The basics are not sexy, some are not very exciting, but they will help you make your business stronger and more resilient.

A resilient business is a stable business. A resilient business is more likely to survive crises. A resilient business is one that has measures in place before a crisis hits.

  • Do the basics
  • Do them well
  • Keep doing them

What are the basics?

What are the key things you have to do for your business to survive and prosper?

Make A List
  1. Create a To Do list of the important things. Ask your customers. Get your employees involved.
  2. Every business is different. Tailor the list to what you need to know to run your business well.
  3. Split your tasks into daily, weekly, monthly, etc.
  4. Assign tasks to the most appropriate person.
  5. Measure and monitor the results. What gets measured, gets managed.
If you don’t measure and monitor, you can’t manage, so you won’t improve.

Good luck with your business.

Thanks for reading


Improve Your Business The Richer Way

improve your business

Richer Sounds

Improve, The Richer Way

Julian Richer has built a £100m+ group of businesses from nothing. His best known company, Richer Sounds, is the biggest and most profitable hi-fi retailer in the UK.

In 2019, Richer Sounds has won the Which award for Retailer of the Year for the 5th time so they must be doing something right and continuing to do so. So can you.

His book, The Richer Way, is a must-read for anyone running a business and who wants to improve. It is full of useful insights and ideas based on many years of practical experience including;

  • A good suggestions scheme is like having an oil well in your back garden. There is no more important tool for management.
  • Trying to run a business without accurate management information is like flying a helicopter in the fog at night without radar. It is very important to keep your eye on the results.
  • If good customer service was easy, everyone would be doing it. Good customer service is the cheapest and the most effective form of advertising. It also makes people come back again and again.
  • Three tests that your business is ready to grow; 1 financial controls, if you are producing reliable figures every month, that proves you have the self-discipline to go further, 2 employees, you must have (good) managers and staff in place, 3 financials, you should build on strong foundations. Never try to expand out of trouble.
  • Building a successful business is like tending a bonsai tree, growth should be slow and controlled. Evolution not revolution.

He finishes the book with his Ten Ways To Improve Your Business Today. But you’ll have to buy the book to find out what they are.

If you only read one business book this month, make it this one.

Make your life richer. Improve.

Good luck with your business.

Thanks for reading!