<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Kelowna Business Coach Clint Best &#124; Okanagan &#124; Kaizen Business Development</title>
	<atom:link href="http://www.kaizenbusinesscoach.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.kaizenbusinesscoach.com</link>
	<description></description>
	<lastBuildDate>Wed, 22 Feb 2012 00:50:29 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
		<item>
		<title>What&#8217;s More Important?</title>
		<link>http://www.kaizenbusinesscoach.com/311/whats-more-important/</link>
		<comments>http://www.kaizenbusinesscoach.com/311/whats-more-important/#comments</comments>
		<pubDate>Wed, 08 Feb 2012 18:38:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Attitude]]></category>

		<guid isPermaLink="false">http://www.kaizenbusinesscoach.com/?p=311</guid>
		<description><![CDATA[What’s More Important? To Know How to Do Something, or to Believe it is Possible? I have a very interesting job. It requires that I have both a knowledge of people and a knowledge of business. At least I believe it does. It has taught me that the knowledge of business is important, but the [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F311%2Fwhats-more-important%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F311%2Fwhats-more-important%2F&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<p>What’s More Important? To Know How to Do Something, or to Believe it is Possible?</p>
<p>I have a very interesting job. It requires that I have both a knowledge of people and a knowledge of business. At least I believe it does. It has taught me that the knowledge of business is important, but the knowledge of people is imperative. The BE comes before the DO. The reason something within our control doesn’t get done is always because we didn’t make it important enough, not because we didn’t know how to do it. When we make something important enough, we’ll figure out how to do it. Believe in yourself, and good things will follow.</p>
<iframe src="http://www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F311%2Fwhats-more-important%2F&amp;layout=standard&amp;show_faces=true&amp;width=450&amp;action=like&amp;colorscheme=light" scrolling="no" frameborder="0" allowTransparency="true" style="border:none; overflow:hidden; width:450px;margin-top:5px;"></iframe>]]></content:encoded>
			<wfw:commentRss>http://www.kaizenbusinesscoach.com/311/whats-more-important/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>To Quote Someone Famous</title>
		<link>http://www.kaizenbusinesscoach.com/270/to-quote-someone-famous/</link>
		<comments>http://www.kaizenbusinesscoach.com/270/to-quote-someone-famous/#comments</comments>
		<pubDate>Thu, 26 Jan 2012 16:04:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Attitude]]></category>

		<guid isPermaLink="false">http://www.kaizenbusinesscoach.com/?p=270</guid>
		<description><![CDATA[It seems like one can find a suitable quote for just about anything. Some profound wisdom uttered by a notable figure. While the cynic might see this as too convenient –the optimist would use it to propel herself forward. The choice is yours, to use whatever is available to keep yourself inspired and moving forward. [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F270%2Fto-quote-someone-famous%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F270%2Fto-quote-someone-famous%2F&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<p>It seems like one can find a suitable quote for just about anything. Some profound wisdom uttered by a notable figure. While the cynic might see this as too convenient –the optimist would use it to propel herself forward. The choice is yours, to use whatever is available to keep yourself inspired and moving forward. <a href="http://www.quotegarden.com">www.quotegarden.com</a></p>
<iframe src="http://www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F270%2Fto-quote-someone-famous%2F&amp;layout=standard&amp;show_faces=true&amp;width=450&amp;action=like&amp;colorscheme=light" scrolling="no" frameborder="0" allowTransparency="true" style="border:none; overflow:hidden; width:450px;margin-top:5px;"></iframe>]]></content:encoded>
			<wfw:commentRss>http://www.kaizenbusinesscoach.com/270/to-quote-someone-famous/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Book Of The Month: The Ultimate Sales Machine</title>
		<link>http://www.kaizenbusinesscoach.com/103/book-of-the-month-the-ultimate-sales-machine/</link>
		<comments>http://www.kaizenbusinesscoach.com/103/book-of-the-month-the-ultimate-sales-machine/#comments</comments>
		<pubDate>Fri, 11 Nov 2011 18:07:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Book Of The Month]]></category>

		<guid isPermaLink="false">https://server4.main-city.net/~clintbes/?p=103</guid>
		<description><![CDATA[The Ultimate Sales Machine by Chet Holmes This book is a masterpiece of insights, wisdom, and step-by-step instruction on how to build the Ultimate Machine. A machine implies a level of precision, and that&#8217;s exactly what you&#8217;ll take away from this book: How to turn your company into a precision-like sales machine. In most companies, [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F103%2Fbook-of-the-month-the-ultimate-sales-machine%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F103%2Fbook-of-the-month-the-ultimate-sales-machine%2F&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<p>The Ultimate Sales Machine by Chet Holmes</p>
<p>This book is a masterpiece of insights, wisdom, and step-by-step instruction on how to build the Ultimate Machine. A machine implies a level of precision, and that&#8217;s exactly what you&#8217;ll take away from this book: How to turn your company into a precision-like sales machine. In most companies, the majority of the sales process is not well defined: In The Ultimate Sales Machine fourteen strategic objectives you should have for every sales interaction are laid out. Most companies have two or three strategic objectives that are met in a sales interaction, and those two or three are not even well defined. They are haphazard and left too much to chance.</p>
<p> </p>
<p>Becoming a master is not about doing 4000 things, it&#8217;s about doing 12 things 4000 times. Twelve skill areas are laid out by Holmes that make you a master, explained  with great examples and practical stories. The end result of this book is that you will get a lifelong blueprint to absolutely mastering the art of how to market, manage, and sell like a machine. And in the end, no company will be able to stand against you. That is the ultimate promise of The Ultimate Sales Machine.</p>
<iframe src="http://www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F103%2Fbook-of-the-month-the-ultimate-sales-machine%2F&amp;layout=standard&amp;show_faces=true&amp;width=450&amp;action=like&amp;colorscheme=light" scrolling="no" frameborder="0" allowTransparency="true" style="border:none; overflow:hidden; width:450px;margin-top:5px;"></iframe>]]></content:encoded>
			<wfw:commentRss>http://www.kaizenbusinesscoach.com/103/book-of-the-month-the-ultimate-sales-machine/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Being the True Sales Professional</title>
		<link>http://www.kaizenbusinesscoach.com/99/true-sales-professional/</link>
		<comments>http://www.kaizenbusinesscoach.com/99/true-sales-professional/#comments</comments>
		<pubDate>Mon, 10 Oct 2011 17:12:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Sales]]></category>

		<guid isPermaLink="false">https://server4.main-city.net/~clintbes/?p=99</guid>
		<description><![CDATA[When you think of a sales person, who do you think of? The product pusher, loading you down with the endless features, the order taker, perched in their fortress behind the cash register, or the over seller, talking through the close and not paying attention to your buying signals. Maybe you recognize some of these [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F99%2Ftrue-sales-professional%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F99%2Ftrue-sales-professional%2F&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<div>
<p>When you think of a sales person, who do you think of? The product pusher, loading you down with the endless features, the order taker, perched in their fortress behind the cash register, or the over seller, talking through the close and not paying attention to your buying signals. Maybe you recognize some of these characters. The truth is, many of us have had negative experiences with bad salespeople and those negative experiences can create a lot of &#8220;head trash&#8221; for us when we are doing our own selling.</p>
<p>As always, in order to get the best results, let&#8217;s focus on what we want, not on what we don&#8217;t want. Today we give some thought to the true sales professional, the one who knows all about their product or service, and who even more importantly understands that selling is really all about helping people buy what they need simply and easily. They understand fully that the customer is interested in what&#8217;s in it for them, and that&#8217;s all they&#8217;re interested in.</p>
<p>What qualities identify great sales professionals? They have tremendous knowledge of their product or service, and they are able to communicate that knowledge effectively, at an emotional level. They have well-developed communication skills, because they devote much time to practicing those skills. They practice their scripts, techniques, body language, tonality, and yes their smile to leave their customers feeling genuinely important. They are always reading, increasing their knowledge and feeding their mind, and the really good ones have an almost innate ability to connect with other people.</p>
<p>There are reasons why most sales positions offer an opportunity to earn above average compensation. These reasons can often be lost in a sense of entitlement. A good sales professional knows that every day is game day &#8211; and if they want to keep their position on the team they have to bring their &#8220;A&#8221; game. Great sales professionals have learned how to hold themselves accountable &#8211; they follow their sales process and don&#8217;t make excuses.</p>
<p>How would you best describe your sales staff, and the level of their knowledge, skills, and training? Perhaps not quite at the level you want them to be at? Maybe you are the sales team, and that&#8217;s makes it more difficult to see things objectively. These days access to great training information is a click away on the internet. Better yet &#8211; are you providing access to training workshops and classes that can put you or your sales team in the company of other like minded professionals and really give them a competitive edge? How often do you &#8220;spar&#8221; with them, putting yourself in some role playing situations that push you and them out of your respective comfort zones, but almost always provide incredible insight and learning? What is your budget for sales training this year?</p>
</div>
<iframe src="http://www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F99%2Ftrue-sales-professional%2F&amp;layout=standard&amp;show_faces=true&amp;width=450&amp;action=like&amp;colorscheme=light" scrolling="no" frameborder="0" allowTransparency="true" style="border:none; overflow:hidden; width:450px;margin-top:5px;"></iframe>]]></content:encoded>
			<wfw:commentRss>http://www.kaizenbusinesscoach.com/99/true-sales-professional/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Winners Creed</title>
		<link>http://www.kaizenbusinesscoach.com/152/the-winners-creed/</link>
		<comments>http://www.kaizenbusinesscoach.com/152/the-winners-creed/#comments</comments>
		<pubDate>Wed, 28 Sep 2011 19:35:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Attitude]]></category>

		<guid isPermaLink="false">https://server4.main-city.net/~clintbes/?p=152</guid>
		<description><![CDATA[I know that I have the ability to achieve my definite purpose in life: therefore I demand of myself, persistent, continuous action towards its attainment and I here and now promise to render such action. I fully realize that no wealth or position will long endure unless it is built upon truth and justice; therefore [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F152%2Fthe-winners-creed%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F152%2Fthe-winners-creed%2F&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<p>I know that I have the ability to achieve my definite purpose in life:<br />
therefore I demand of myself, persistent, continuous action towards its attainment and I here and now promise to render such action.<br />
I fully realize that no wealth or position will long endure unless it is built upon truth and justice;<br />
therefore I will engage in no transaction which does not benefit all to whom it effects.<br />
I am succeeding by attracting to myself the forces I wish to use and the cooperation of other people.<br />
I induce others to serve me because of my willingness to serve others.<br />
I eliminate hatred, envy, jealousy, selfishness, cynicism, anger, and fear by developing a true love for all humanity, because I know that a negative attitude towards others will never bring me success.<br />
I cause others to believe in me because I believe in them and believe in myself.<br />
This is my creed, my quest.<br />
To never stop striving for the top.<br />
To always keep moving forward.<br />
To always be the very best I can be.<br />
I am the power. I am the magic.<br />
I can not be stopped. I am a winner.<br />
I promise to always be true to myself<br />
because I am the creator and master of my universe and I am responsible for making a positive difference in the world and to the quality of life in it.<br />
I live in constant and never-ending improvement.</p>
<p>Napolean Hill</p>
<iframe src="http://www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F152%2Fthe-winners-creed%2F&amp;layout=standard&amp;show_faces=true&amp;width=450&amp;action=like&amp;colorscheme=light" scrolling="no" frameborder="0" allowTransparency="true" style="border:none; overflow:hidden; width:450px;margin-top:5px;"></iframe>]]></content:encoded>
			<wfw:commentRss>http://www.kaizenbusinesscoach.com/152/the-winners-creed/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Book of the Month: Think and Grow Rich</title>
		<link>http://www.kaizenbusinesscoach.com/148/book-of-the-month-think-and-grow-rich/</link>
		<comments>http://www.kaizenbusinesscoach.com/148/book-of-the-month-think-and-grow-rich/#comments</comments>
		<pubDate>Thu, 22 Sep 2011 19:22:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Book Of The Month]]></category>

		<guid isPermaLink="false">https://server4.main-city.net/~clintbes/?p=148</guid>
		<description><![CDATA[This book is a classics of success philosophy and motivation that was first published in 1937, after 25 years studying over 500 of America&#8217;s most successful and wealthiest businessmen at that time. People like, Henry Ford, Andrew Carnegie, Theodore Roosevelt, Thomas Edison, Charles Schwab, Arthur Brisbane, Howard Taft, John Patterson, and many more. These names [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F148%2Fbook-of-the-month-think-and-grow-rich%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F148%2Fbook-of-the-month-think-and-grow-rich%2F&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<p>This book is a classics of success philosophy and motivation that was first published in 1937, after 25 years studying over 500 of America&#8217;s most successful and wealthiest businessmen at that time. People like, Henry Ford, Andrew Carnegie, Theodore Roosevelt, Thomas Edison, Charles Schwab, Arthur Brisbane, Howard Taft, John Patterson, and many more. These names represent a small fraction of the hundreds of well-known Americans whose achievements, financially and in all other aspects, prove that those who understand and apply the same success principles reach high stations in life.</p>
<p>In 1908, Mr. Hill was called for a meeting with Mr. Carnegie and was assigned a task of creating a book that will story-tell and summarize the principles of success from the most influential and successful people of America. Mr. Hill spent more than twenty years observing and interviewing 500 successful men of that time and summarizing their common mindset, attitudes, principles, and habits that lead to their success.</p>
<p>And now, after more than 70+ years after Think and Grow Rich was first released in 1937 and 100+ years after the idea was born, Think and Grow Rich has become the source of motivation and success principle for a lot of successful and wealthy people then and now. It still remains one of the best-selling books on success.</p>
<iframe src="http://www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F148%2Fbook-of-the-month-think-and-grow-rich%2F&amp;layout=standard&amp;show_faces=true&amp;width=450&amp;action=like&amp;colorscheme=light" scrolling="no" frameborder="0" allowTransparency="true" style="border:none; overflow:hidden; width:450px;margin-top:5px;"></iframe>]]></content:encoded>
			<wfw:commentRss>http://www.kaizenbusinesscoach.com/148/book-of-the-month-think-and-grow-rich/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How to Make Affirmations Work</title>
		<link>http://www.kaizenbusinesscoach.com/142/how-to-make-affirmations-work/</link>
		<comments>http://www.kaizenbusinesscoach.com/142/how-to-make-affirmations-work/#comments</comments>
		<pubDate>Fri, 09 Sep 2011 19:09:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Team]]></category>

		<guid isPermaLink="false">https://server4.main-city.net/~clintbes/?p=142</guid>
		<description><![CDATA[If your business isn&#8217;t as successful as you would like it to be, what&#8217;s holding you back? You might blame it on a lack of capital, a lack of great employees, a lack of time, a lack of inventory, a lack of &#8230; whatever. But how many of us would take ultimate responsibility and trace [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F142%2Fhow-to-make-affirmations-work%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F142%2Fhow-to-make-affirmations-work%2F&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<p>If your business isn&#8217;t as successful as you would like it to be, what&#8217;s holding you back? You might blame it on a lack of capital, a lack of great employees, a lack of time, a lack of inventory, a lack of &#8230; whatever. But how many of us would take ultimate responsibility and trace our results back to how we are thinking?</p>
<p>An affirmation by definition is an act or statement asserting the existence or truth about something. Most of us think about an affirmation as something we say out loud to ourselves, but it also occurs subconsciously in our deepest thoughts as directed by our belief system, or the things we hold to be true.</p>
<p>An ancient proverb states, &#8220;Thoughts are things. As you think, so you become.&#8221; Every thought you think and every word you say affirms your true beliefs. All of our self-talk or inner dialogue is a part of a stream of consciousness that drives our feelings and emotions as it creates our life experience in every moment. Beliefs are just learned thought patterns that we have developed since childhood. They may or may not be true &#8211; but they are true for us. To be truly empowered, we must take responsibility for knowing what they are and the direction they are taking us in.</p>
<p>Many people have been taught to change their behaviour by using positive affirmations to reinforce a behavior they want. Be careful not to assume this will work without looking more deeply for the patterns that reveal your true beliefs. Without being aware of the real belief that is driving your behavior, your results will never really change, and if they do they won&#8217;t stick.</p>
<p>Here&#8217;s a very simple example of how this works. Let&#8217;s say you are mad at the economy for going off the rails and causing your sales to drop. Ask yourself what it is about the economy that is making you mad? You might think, because people don&#8217;t have enough money to buy my products. Then ask yourself, is that the real reason? After a little soul searching you realize it&#8217;s really because you don&#8217;t know how to properly market your product in this new economy, and that is because deep down you believe you aren&#8217;t smart enough.</p>
<p>Creating an affirmation that says &#8211; &#8220;I am a world class marketing wizard&#8221; and reciting it to yourself with passion every day in front of the mirror will not change your reality. Only by raising your awareness first around the disempowering belief &#8220;I am not smart enough&#8221; and taking steps to replace it first can you really effect lasting change. This will allow you to make the necessary decisions and take the required actions to move yourself forward and stay there.</p>
<p>The power of affirmations can help you to transform your life, but only in concert with making correct shifts in your real beliefs.</p>
<iframe src="http://www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F142%2Fhow-to-make-affirmations-work%2F&amp;layout=standard&amp;show_faces=true&amp;width=450&amp;action=like&amp;colorscheme=light" scrolling="no" frameborder="0" allowTransparency="true" style="border:none; overflow:hidden; width:450px;margin-top:5px;"></iframe>]]></content:encoded>
			<wfw:commentRss>http://www.kaizenbusinesscoach.com/142/how-to-make-affirmations-work/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Do You Forecast?</title>
		<link>http://www.kaizenbusinesscoach.com/116/do-you-forecast/</link>
		<comments>http://www.kaizenbusinesscoach.com/116/do-you-forecast/#comments</comments>
		<pubDate>Tue, 30 Aug 2011 18:40:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Best Practises]]></category>
		<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">https://server4.main-city.net/~clintbes/?p=116</guid>
		<description><![CDATA[It surprises me sometimes how few business owners use forecasting in their business planning process. Forecasting is really a starting place to talk strategy around. It&#8217;s an easy area to systematize because the fundamentals of how you do it never changes. It&#8217;s really more a matter of learning how to do it, and for that [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F116%2Fdo-you-forecast%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F116%2Fdo-you-forecast%2F&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<div align="left">
<div align="left">
<p>It surprises me sometimes how few business owners use forecasting in their business planning process. Forecasting is really a starting place to talk strategy around. It&#8217;s an easy area to systematize because the fundamentals of how you do it never changes. It&#8217;s really more a matter of learning how to do it, and for that you do not need to be an MBA.</p>
<p>In bookkeeping and accounting we have this thing called the chart of accounts. It tells the bookkeeper how to organize your information, and it should be designed by the owner. Take a look at yours and see if it is set up in the way that makes sense to you. This will allow you to extrapolate data from your accounting system for various reports you will need to analyze your business.</p>
<p>Each year, you should have a planning and budgeting session with yourself and your key people. Typically, you would start at the beginning of your final quarter. Set your budget and review it every quarter for lessons and changes. One thing you can count on is that business is always changing so you want to change along with it, but try not to second guess your strategy between quarters.</p>
<p>Make sure you develop a good relationship with your accountant and bookkeeper, but remember that you are in the driver seat &#8211; so do not abdicate your responsibilities in this very important area. You should know what questions to ask them, and generally what they are doing for you in order to properly set your expectations.</p>
<p>Enjoy your final days of summer, and I hope you have a great plan for the fall.  &#8230;Coach Clint</p>
</div>
</div>
<iframe src="http://www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F116%2Fdo-you-forecast%2F&amp;layout=standard&amp;show_faces=true&amp;width=450&amp;action=like&amp;colorscheme=light" scrolling="no" frameborder="0" allowTransparency="true" style="border:none; overflow:hidden; width:450px;margin-top:5px;"></iframe>]]></content:encoded>
			<wfw:commentRss>http://www.kaizenbusinesscoach.com/116/do-you-forecast/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Book Of The Month: Financial Intelligence for Entrepreneurs</title>
		<link>http://www.kaizenbusinesscoach.com/113/book-of-the-month-financial-intelligence-for-entrepreneurs/</link>
		<comments>http://www.kaizenbusinesscoach.com/113/book-of-the-month-financial-intelligence-for-entrepreneurs/#comments</comments>
		<pubDate>Thu, 11 Aug 2011 18:35:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Book Of The Month]]></category>

		<guid isPermaLink="false">https://server4.main-city.net/~clintbes/?p=113</guid>
		<description><![CDATA[Financial Intelligence for Entrepreneurs: What You Really Need to Know About the Numbers by Karen Berman &#38; Joe Knight Using the groundbreaking formula they introduced in their book Financial Intelligence: A Manager&#8217;s Guide to Knowing What the Numbers Really Mean, Karen Berman and Joe Knight present the essentials of finance specifically for entrepreneurial managers.Drawing on [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F113%2Fbook-of-the-month-financial-intelligence-for-entrepreneurs%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F113%2Fbook-of-the-month-financial-intelligence-for-entrepreneurs%2F&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<div>
<div align="left">
<p><strong>Financial Intelligence for Entrepreneurs:</strong> What You Really Need to Know About the Numbers by Karen Berman &amp; Joe Knight</p>
<p>Using the groundbreaking formula they introduced in their book Financial Intelligence: A Manager&#8217;s Guide to Knowing What the Numbers Really Mean, Karen Berman and Joe Knight present the essentials of finance specifically for entrepreneurial managers.Drawing on their work training tens of thousands of people at leading organizations worldwide, the authors provide a deep understanding of the basics of financial management and measurement, along with hands-on activities to practice what you are reading. You&#8217;ll discover:</p>
<ul>
<li>Why the assumptions behind financial data matter</li>
<li>What income statements, balance sheets, and cash flow statements really reveal</li>
<li>How to use ratios to assess your venture&#8217;s financial health</li>
<li>How to calculate return on your investments in your enterprise</li>
<li>Ways to use financial information to do your own job better</li>
<li>How to instill financial intelligence throughout your team</li>
</ul>
<p>Authoritative and accessible, Financial Intelligence for Entrepreneurs empowers you to &#8220;talk numbers&#8221; confidently with colleagues, partners, and employees, and fully understand how to use financial data to make better decisions for your business.</p>
</div>
</div>
<iframe src="http://www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F113%2Fbook-of-the-month-financial-intelligence-for-entrepreneurs%2F&amp;layout=standard&amp;show_faces=true&amp;width=450&amp;action=like&amp;colorscheme=light" scrolling="no" frameborder="0" allowTransparency="true" style="border:none; overflow:hidden; width:450px;margin-top:5px;"></iframe>]]></content:encoded>
			<wfw:commentRss>http://www.kaizenbusinesscoach.com/113/book-of-the-month-financial-intelligence-for-entrepreneurs/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Who is Keeping Score?</title>
		<link>http://www.kaizenbusinesscoach.com/108/who-is-keeping-score/</link>
		<comments>http://www.kaizenbusinesscoach.com/108/who-is-keeping-score/#comments</comments>
		<pubDate>Wed, 03 Aug 2011 18:12:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">https://server4.main-city.net/~clintbes/?p=108</guid>
		<description><![CDATA[As a business coach, I try not to tell my clients what to do. I&#8217;d rather they tell me what they want, and I can then help them get there faster and with more satisfaction than they could have without me. A good budget forecast can tell me a lot about where someone wants to [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F108%2Fwho-is-keeping-score%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F108%2Fwho-is-keeping-score%2F&amp;style=normal&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<div align="left">
<p>As a business coach, I try not to tell my clients what to do. I&#8217;d rather they tell me what they want, and I can then help them get there faster and with more satisfaction than they could have without me.</p>
<p>A good budget forecast can tell me a lot about where someone wants to go, and how realistic they are being, or at what level they will have to perform at in order to get there. The numbers don&#8217;t lie and they tell a very important story.</p>
<p>Start by breaking down all your figures so that you can see where exactly your revenue is coming from, and what exactly you spend your money on. Then connect the two. This information will surprise you! Attaching as many real expenses as you can directly to a product or a service, allows you to see your true margins. Look at your revenue producers and determine if they really make you as much profit as you thought. Review your overhead costs and calculate your breakeven point on sales.</p>
<p>Set your budget figures for each month of the year, and then every month perform a check on how closely you&#8217;ve performed against those figures. This forecast and variance reporting takes your projected budget figures and places them side-by-side with your actual figures. So you start by asking &#8220;How many widgets do I think we can sell every month?&#8221; Then ask &#8220;Why didn&#8217;t we sell many as many widgets as we thought we would last month? What do we need to do to get back on track?&#8221; Make the adjustments, determine the budget implications, and update the plan. Then keep checking the forecast and variance report to see if it&#8217;s working.</p>
<p>If you are running your business looking at old income statements that your bookkeeper has finally completed one month or several months after the fact, you are in trouble.</p>
<p>At the end of the year you will have a map that you can look at with other key stakeholders. That map, that budget from last year, will have last year&#8217;s route all marked out. You will know where exactly you went, what you did, and where you ended up. Then ask yourself &#8220;Is this where I wanted to go? Did I want to go farther? What&#8217;s going on in my marketplace, and what strategies will I employ to hit my numbers this coming year?&#8221; When you can see the real net profitability of using different strategies to drive your bottom line, it makes the choice to use them easier and the effort to implement them much more compelling.</p>
<p>I guarantee the time and patience you invest in getting this piece of your puzzle right will be worth it. There are tons of books, you tube videos and other resources to help train you. Talk to your bookkeeper and your accountant, and share the results in an appropriate way with your team members. It&#8217;s no fun playing a game when no one is keeping score.</p>
</div>
<iframe src="http://www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.kaizenbusinesscoach.com%2F108%2Fwho-is-keeping-score%2F&amp;layout=standard&amp;show_faces=true&amp;width=450&amp;action=like&amp;colorscheme=light" scrolling="no" frameborder="0" allowTransparency="true" style="border:none; overflow:hidden; width:450px;margin-top:5px;"></iframe>]]></content:encoded>
			<wfw:commentRss>http://www.kaizenbusinesscoach.com/108/who-is-keeping-score/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

