Design a Comprehensive Framework for Your Business

 

 

 

Prepare to take charge of the management and control of your planned or existing business with a clearly defined architecture.In this article, I will call it a “comprehensive framework” for your business. Doing this will ensure that you are truly managing your business and not just working in it as the technical expert. It is the best way to see your business Vision manifested in reality therefore, it’s really helpful to design your “comprehensive framework” before you launch your business. You can study your industry and its leaders, analyze your best technical skills, and describe the various elements of your Vision.

 

While doing this, it’s important to always keep a learning attitude knowing that you will need to make changes to your framework from time to time. There’s a lot you can do to put your design on paper because of our convenient Information Age. Designing this framework is the step that takes your idea from concept to the creation of an actual business guide. I have identified 6 reasons why designing your “comprehensive framework” will help you manage and control your planned or existing business.

 

1. It identifies what’s really important to achieving your business goals. Our time can be spent in many ways during a regular day. Identifying what really matters can save time and move you closer to your goals. A framework forces you to list what is most important to your business and eliminates everything else.

 

2. It allows you to position yourself before your business begins. This will help you focus above the routine and mundane. It will help you keep the business strategy in mind above the day-to-day requirements. You will begin your business truly in the role of Chief Executive Officer.

 

3. It helps you clarify your Vision. The more you think about your business Mission, Values and Vision, the clearer they will become to you. As you study your industry and its leaders, you will begin to see how your new business will improve or simplify the processes and subsequent product or service. You will identify how your business will be unique in your industry.

 

4. It helps you to take corrective actions if your operations are disrupted. You may identify problems with your assumptions about business before you launch it. You can test your assumptions against reality. You will also be able to identify potential problems early in your actual business processes because you have this comprehensive business framework.

 

5. It will help you evaluate your progress. You will have actual guides to show where you are and whether your processes are taking you to your Vision. A comprehensive framework helps you design your objectives and targets.

 

6. Our environment is changing so fast that we can barely keep up. A business framework helps to keep you grounded in a specific trajectory that can keep you on the road to your Vision.
This framework also helps you make changes more efficiently and with minimum disturbance.

 

“The secret of getting ahead is getting started. The secret of getting started is breaking your complex overwhelming tasks into smaller manageable tasks, and then starting on the first one.”  –Mark Twain, American Humorist and Author

 

Basically, there are lots of things you can do to ensure the success of your planned or existing business that don’t require money, an office or employees. You can create the “comprehensive framework” to eventually contain a clear business strategy with operational procedures. It just takes a little time.

 

Clear recipe for designing a business framework: “20 Directives for Small Business Success: Do or Die”

Start-Ups Have Increased in the Last Three Years

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If you have a little spare time, read on. According to Lydia Dishman in “This is the State of Entrepreneurship in 2016”, Fast Company, the number of new businesses has increased and their subsequent growth has increased for three straight years. Startups continue to play an important part in the economic health of our country. If you have a dream, a passion or a vision for contributing to an industry, now is the time to act on it.

First, you will need to find your passion. Designing and building a business requires the owner to love what they are doing.  In “6 ways to Find Your Passion”, Corrina Gordon-Barnes states that you need to “adopt the perspective that you can do what you love with your life.” Once you have found what would be more like play than work to you, you are ready.

“Chase the vision, not the money, the money will end up following you.” – Tony Hsieh, Zappos CEO

Don’t be concerned about the money at this point. There is a lot you can do toward your business without money. Basically, you can design and plan. You can design your Mission, Values, and Vision. You can research your desired business name as well as other pre-launching activities. Take time to carefully construct these elements because they will become the foundation of your enterprise.

Begin studying in your industry and determine who the leaders are and what unfulfilled needs exist in your field. The “Google Instant Library” and “YouTube University” can provide all the knowledge you need and these are free. Use your time wisely and look forward to the many advantages of owning your own business.

One of the primary advantages of owning your business is that you can control your destiny. You will not depend someone else to influence your future. You can move ahead with your personal vision of “the good life.” Another reason is that now more than ever, you can work from anywhere. You can work from home, in another country, or on the beach. These are just a few of the many advantages of being your own boss. Consider this and start planning.