What We Believe
About/Vision Statement
Here at Liberty Small Business Resources, our goal is to empower
businesses to be sustainable and highly profitable.
Mission Statement
We are passionate about working with professionals and small businesses, from start-ups to multi-million-dollar companies, to be highly profitable, using simplistic systems that are enjoyable for all team members to work for using our proven “The 7 Key Elements of Business”.
7 Key Elements Of A Business
1. MISSION/VISION STATEMENT
A mission statement is a short, clear statement of the purpose of your business. It should be easy to read, understand and to the point. Your mission statement is what keeps you on track. It defines your company. It also allows your clients to understand what problem your company solves.
2. PRODUCT/SERVICE
Having an excellent product/service is essential for any business. This is going to be the greatest key to success. Your product needs to solve a problem while being unique enough to set you apart from others in your industry; without this, there is no money
3. CLIENTS/CUSTOMERS
There are many benefits to excellent customer service, ranging from increased loyalty and repeat business. One study revealed that customers who received positive customer service experiences were 44% more likely to recommend the company to a friend. Giving excellent customer service fosters trust with your clients. Also, having a consistent lead generation system to bring in continuous qualified leads is essential for a steady cash flow.
4. FINANCIAL
Managing finances is essential for any business. Without a solid financial footing, your business can quickly become unstable and unable to meet obligations; therefore, having a budget is critical. Budgeting allows you to plan ahead and make sound decisions. Sufficient cash flow and having a 6-month reserve is not only smart, but it will also help the owner sleep at night.
5. SYSTEMS / PROCEDURES
Systems/Procedures is what keeps thing simple in your everyday operations. It helps monitor and manage the inner working parts of a company. The purpose of systems is to allow for coordination and communication across the business. By using systems effectively, a business can optimize operations and improve productivity. By managing your systems properly, the company can identify problems early and make any necessary adjustments before they cause issues that could disrupt the operations of the company.
6. EMPLOYEES / OUTSOURCING
There are at least 101 reasons to have employees or outsource things, from time-saving tasks such as data entry and social media management all the way to more complex projects that require an expert. Outsourcing not only saves time, but it also saves money to achieve your company’s goals. Outsourcing is a great way to deal with tasks that your employees may not specialize in an owner just because you can do it does not mean you should be doing it. Blessing others with work does not only make you feel better you are helping another family.
7. LEADERSHIP
Excellent leadership is another key to building a successful company. A great leader is able to see things from multiple perspectives and understands how people work best. They also have a strong intuition that aids in making decisions that will result in the success of the company and everyone associated with it. A great leader is able to take the initiative and make any necessary changes needed for the health of the company. Most of all, a true leader has a servant’s heart, and their role in the company is to raise up other leaders
