YBM "SMART $ SOFTWARE 4 SMEs" 

A tool to enable you to save money in your business

Most accounting packages available reflect the history of a business rather than where it is going.  As we all know, the management of money in business is vital, partiuclarly the daily cash flow and ongoing budgeting.  The YBM - "Smart $ Software 4 SMEs" program has the capacity to project forward with considerably accuracy.

One of the unique tools incorporated in YBM's mentoring methodology is the "Smart $ Software 4 SMEs" which is used to give business owners a clear picture of their current financial position and the financial history fo the buisness, as well as enabling them to use it as a planning tool for the future.

This package is unlike any other proprietry software available and guess what - it's easy to use!

In addition to the budget/cash flow spreadsheet there is a promotional calandar spreadsheet, a contractor calculator spreadsheet and a personal budget facility.  By using each of these spreadsheets the business owner is able to monitor and project the financial position of their business as well as their personal finances, in addition to making financial decisions with respect to the growth of their business.

To assess the effectivensss of the software we will send you a 14 day free trial so you may see how it will help you grow your business, simply go to the bottom of the Business Health Check page to proceed.  Whilst you are there, take a few minutes to complete the YBM Business Health Check, you may be very interested in the results.

This software may be purchased directly through the YBM website for just $A399 (inclusive of GST).

A BUSINESS COACH OR MENTOR IS NOW A MUST!

A survey published in the "Daily Telegraph" revealed some very interesting statistics.  "Many businesses now regard their business coach as being important as their accountant," a new survey claims.

The survey found that one in two (50%) small businesses viewed their business coach as vital.  Further, one in ten (10%) of those surveyed nationally said they would not be in business if they didn't have a business coach.

Only one in five (20%) felt the same way about their accountant, according to the survey.  One in every four (25%) respondents believed business coaches helped make the numbers grow in their business, while accountants counted and checked the numbers, it found. 

It also found one third (33%) of small businesses surveyed identified cash flow as the biggest challenge they faced and almost nine in ten business owners (90%) nationally did not outsource services.

Do any of these statistics ring true with you and your business?

Are you looking for help and guidance with your team, time management or cash flow issues?

Perhaps you are not struggling but you are looking for ideas to take your business to the next level.

If you want to take the next step, click on Business Health Check on our menu bar, complete it and you will receive a call from a business mentor in the next day or two. 

***************************************************************************************************************************************

NETWORKING - AN ESSENTIAL "FUEL" NECESSARY TO MAKE SMALL BUSINESSES SUCCEED!

Networking is one of the key marketing tools every small business owner should use - whether it be at a business meeting, a gathering of family and friends or simply having a walk in the park! 

Certainly the internet is a major component of everyone's working lives and it will become more so.  Where do you do your research - at the library or on the internet?  E-Marketing seminars are held on a regular basis teaching people the importance of this facet of business. 

There a many functions, societies and groups which allow business people to meet, share information about their business, and meet others where there is a natural synergy between your businesses.  These include Chambers of Commerce, networking and local business groups.

Like everything, we need to think about the way we network.  Effective communication is vital to ensure you get the right message across to achieve your objective.  Remember, people need to know you, like you and trust you before they do business with you on a regular basis, and refer others to you for business as well.

In thinking about this, Bob Burg's book, "Endless Referrals" has some very interesting points - and to quote him briefly consider these:

*    Whenever possible, make others feel good about themselves.

*    The four key ingredients in a successful networking recipe are truth, justice, peace and love.

*    There are seven networking disciplines:

     1.  Acquire knowledge.
     2.  Place yourself in front of potential networking prospects.
     3.  Be wise by learning from others - especially your networking prospects.  Learn how you can help them.
     4.  Give unrequited referrals.  Help others in your network without expecting an immediate payback.
     5.  Be tactful.  Tact is the language of strength.
     6.  Allow yourself to be rewarded with endless referrals after showing persistence.  Follow through in gratitude.
     7.  Realise that discipline and networking are nothing more than learning how to benefit from being the "boss of
          yourself" so that you can constructively help and influence others to network.  We are ideally put on earth to
          help others.  And, of course, as we help others we invariably help ourselves.

YBM offers written "Performance Guarantee" To our knowledge Your Business Mentor Pty Ltd is the only mentoring (Business or Life) organisation in Australia to provide intended clients with this level of assurance of obtaining results. Call Carol or Geoff now on 02-9745-5479 for all the details.

**********************************************************************************************************************************************