This month: Successful Launch of the Marin Business Forum
The meeting of the Marin Business Forum was a great success. We had 40 local entrepreneurs and professionals in attendance for our event. Topics for discussion included:
- Efficient Outsourcing presented by Franka Winchester, co-founder of Pacific Crest Group;
- Employee benefits presented by Nina Gardner Employee Benefits Consultant with Filice; and
- 401(k) plan strategies presented by Pete Woodring, co-founder of Cypress Partners.
Here are just a few of the many positive comments from the first Marin Business Forum
“That was a wonderful event put on by the Marin Business Forum…Not the same thing and not the same people! The MBF combines networking with several brief 15-minute long business presentations. I highly recommend that everyone in this group try to find a way to go to the next one!” – Russell J.
“Yes, this was a four star event. Thanks to the great, energetic entrepreneurs who put this on the map. This was an awesome venue, thanks for a wonderful chance to meet other business owners. – Denis F.
“A great chance to meet and network with other business owners and B2B professionals. A cut above all the other networking groups for solopreneurs.” – Mike VH.
“The audience was a diverse mix of local business owners and management. I made some excellent
connections.” – Joe B.
The Marin Business Forum plans to meet once a quarter. To stay in touch and learn about our next meeting in January, follow us on Facebook, join our group on LinkedIn, or send an email to firstname.lastname@example.org.
October’s Topic: Using Business Systems to Build Your Company
Every business has procedures and protocols that keep day-to-day operations running smoothly. By creating repeatable procedures for operations such as billing, customer relations, ordering materials – whatever you need to run your company – you will be able to focus on building your business rather than running it. Here are specific tips on how you can use systems more efficiently to run your operation:
Creating Repeatable Systems: Rinse and Repeat is Key to Clean Operations
Any successful business has built-in safeguards so that no piece of the operation works completely in isolation. Every process needs a defined system. If you have an accounting system that is so complicated that only your bookkeeper knows how to issue invoices, or an inventory control system that is a mystery to everyone except the warehouse manager, your business is at risk. Every aspect of your operation needs to be structured and documented so the results are predictable and the knowledge needed to execute is captured, clear, and transferrable. Systems should be created to provide repeatable results; rinse and repeat is the key. Read more.
Who’s In Charge Here? Part 1: The Need for a Chain of Command
Business systems help keep your business running smoothly and predictably, but a structure that is often overlooked is the establishment of a management chain of command. By definition, a system is something that enforces a regular method or order – a plan – and your internal staffing plan has to include a leadership strategy; how you manage your staff. Without implementing a sound leadership structure to define your management, you have the potential for chaos and discontent within the organization. Read more.
Who’s In Charge Here? Part 2: How to Create a Chain of Command
By creating a chain of command, you are implementing a structural system of management that gives individual managers and employees autonomy and control over their own area. That eliminates chaos and confusion so workers don’t get pulled in different directions by conflicting management requests. The process of creating a chain of command is relatively simple. Read more.
Solid Accounting Systems Can Help You Head Off Employee Fraud
Well-defined accounting systems can minimize employee fraud. Small and midsized businesses seem to be more susceptible to fraud and theft. This is partially because there is a greater degree of trust but also, smaller organizations don’t tend to implement the systems they need to recognize and head off fraud. The greater familiarity and family atmosphere of a smaller company often promotes a level of trust that may be unwarranted. And a smaller company can close because of fraud or theft. There are a number of systems you can put in place to eliminate (or at least minimize) employee fraud. Read more.
March 2011 Newsletter
This newsletter is intended to provide generalized information that is appropriate in certain situations. It is not intended or written to be used, and it cannot be used by the recipient, for the purpose of avoiding federal tax penalties that may be imposed on any taxpayer. The contents of this newsletter should not be acted upon without specific professional guidance. Please call us if you have questions.
Copyright 2011, Pacific Crest Group, All rights reserved.