Zero to 1 Hundred 2015 February Issue | Page 9

February Selection

One of the most inspiring and impactful books ever written, The 7 Habits of Highly Effective People has captivated readers for 25 years. It has transformed the lives of Presidents and CEOs, educators and parents- in short, millions of people of all ages and occupations.

With a balance of theory and practical examples, this guide to personal and professional life describes seven principles of life management. Targeted toward anyone who is interested in personal change, it guides you through private victory, public victory and renewal.

Spending advertising dollars wisely:

When you start your business and look for ways to expand your product or service, it is important to do your homework on the company you are considering. There are plenty of rip offs who have perfected manipulating new businesses. Don't spend your hard earned money before you google, check the Better Business Bureau and read reviews.

Unbalanced accounting procedures:

Inefficient ordering systems, inadequate creditor and debtor management, as well as a lack of control over gross profits or overheads often lead to cash flow problems within a business. In order to avoid such problems, business owners should ensure that there is a consistent flow of money coming in through debt being collected as agreed with your customers. Costs of raw materials and company expenses should remain under tight control of the owner or a person that understands cost control.

Insufficient Infrastructure for Unexpected Growth:

For those new to the game, having an influx of clients might sound like a good thing, but the reality is quite different. Having too many clients can cause burnout, being short-staffed, and getting behind on administrative tasks. Don’t be afraid to refer potential clients to trusted and reputable colleagues. Making sure your practice is secure and stable will make it so that you can handle the growth over time.

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and Confessions