Successfully Operating a Business

Over the past few years, Georgia has been rapidly growing and booming with small businesses.  Georgia has become a hub for innovation and creative ideas, a place where entrepreneurs can come to act on their aspirations. Atlanta, GA is the named the 7th top city in the United States to start a small business in. Most of Georgia’s revenue comes from small businesses. So what are the challenges for small business ? Staying in operation,  funding, keeping a consistent cash flow. These are just to name a few.  Many consultants, such as myself, have seen over the years, how businesses begin and in the next 6 months or few years, close. So what do you we do to decrease the chances of that happening? First, lets educate our small business owners and inspired entrepreneurs. 

Me Speaking.jpg( Business Consultant from Lawrenceville, GA)
Let’s provide them with the necessary tools needed to operate a successful business. Many owners and entrepreneurs doesn’t know which financial statement they shall review or why should they be reviewed. As consultants, we break down each section and help them analyze the overall picture. Even in the beginning stage, it is important for us to know your business idea, what entity type you want to  establish, and why. Here is where we assess the pros and cons with your selection. Based on that information, you select what is better for you and your vision.
Next, you are putting plans in place. Most consultants helps with strategic planning or developing the best business practices for your company. It is very important for all owners to understand why having guidelines, policies, and procedures in place. This protects them from any disputes or legal actions. Also you want to make sure that these components align with the vision you have for your company.
Now you talk about effective marketing strategies for your business.
Marketing Consultant Speaking.jpg( Public Figure, Marketing Consultant from Alabama)
Each marketing consultant can help you strategically analyze which marketing platform or sales channel will be perfect for your business. Social media has become one the number 1 effective tools for driving sales. You just have to know your target audience and how to reach them.
Once we go over theses key essentials tips and tools needed to run your business, now its time to review the overall scope of your business on an executive level. Every aspect of your business should be examined: Marketing, Business Processes, Practices, Policies and Procedures, Workflow, and Work Performance. Once you have to carefully review each component, ask these question,  Are each effective ? Are they performing to their satisfied capacity? Do they align with your vision? Where do you see the opportunity? where is the threat? Which area can improve? Once you answer these questions, you must come to a conclusion if your business can carry on to the next month, if not, what is your plan actions ?
This is what we teach and educate small business owners on, operating a business, successfully running a business, and effective marketing strategies.
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We have successfully coached businesses, helped start ups, redefine and shape businesses, and even help with the growth and improvement of a business. We have put together a training manual for small business owners, packed with a wealth of knowledge, tools, and tips needed to successfully operate your business.
For seminars, training, and workshops; books us as your facilitator ! For more information, contact us at info@peavyassociates.com or Coordinate with Danielle Eaton at danielleeatonllc@gmail.com for booking info at Self Development U.
Successfully Yours,
 
Teleigha Peavy, Principal Consultant

When Your Business is in Need of a Consultant

Talk pic

Consult with Peavy and Associates”

Peavy and Associates’ Business Services provides strategic and detailed business consulting services for many start up and existing businesses. We help start-ups create business plans and assist in funding search for their business. Other services we provide are :

Business Development ( legal formation)
Organization Structure
Business Consulting
Business Process and Improvement
Accounting and Bookkeeping
Human Resources,Recruiting, and Payroll

Feel free to check out our website at http://www.peavyassociates.com. or email us at info@peavyassociates.com
5 star ratings and reviews!

2016-award

Wanting Consistent Projects

All you need is one! That’s my response every time I speak with a fellow colleague wanting to start a business or become a freelancer.  They always states, “It seems to come easy for you to get more projects.” But actually, it didn’t.

When I got started, I was putting in twenty proposals a day and constantly promoting my services. After two weeks, I got my first break. A willing client was very considerate of giving me a chance. Of course it was based upon my experience and knowledge of a particular software, but it was my very first time working remotely for someone. I made it my mission and duty to do a good job for this client because I knew that this could lead to me winning more projects. The client was so impressed he wrote me a great review and 5star rating on the freelancing website. After that, it became a snowball effect. I was still putting in a lot of proposals but I had my resume, rating, and review to help me win the projects.

Now of course there will be hurdles or hiccups along the way. Everything is a challenge. Sometimes life will throw you a curveball, but that’s when you expect the unexpected. The number one trait clients look for in a service provider is dependability. There are so much technology out there where you can keep your client informed of any situations you may have. You also want to gain their trust and confidence in you that the work will be performed right. Even if it’s remotely, clients can hear that confidence in your voice.  As a freelancer or small business, you don’t just give correct work, but quality and outstanding work, sometimes you have to go above and beyond for clients. Their reviews really do matter.

You have to remain persistent and determined to keep getting projects, perform quality work, get reviews or references, and market your services. When I use Moonlighting to promote my services, I post my opportunities and then share them via, Twitter and Facebook. I then take the link and post it to Linkedin. Oh my gosh the exposure and traffic I was getting!  I love to hear my phone chime from the Moonlighting App that someone saved my opportunity and liked it! Soon I started to get in emails and calls about my services.

Since the snowball effect of projects after projects begin, I’ve changed my mindset from self-employed to a small business owner. I legally formed my business in 2011 (even though I’ve been doing this since 2009) and developed processes and systems to manage and perform my work. There’s processes for marketing like posting opportunities two times a day on websites for service providers like Moonlighting, responding to bids, marketing services, and posting ads.  Once you start getting a lot of busy work, you will need management systems in place for organization, structure, and effectively perform the required services.

So start submitting proposals and bids, market your services, use freelancing websites like Moonlighting to get in more consistent clients! All you need is one good client and review! The rest will surely come!

Why Are we Voted the Best of 2015?

Peavy and Associates Award

It’s simple really. We provided quality business consulting and development services to our clients. We guide and some steps works hands on in the processes of building their businesses. We do not only give advice and plan of actions, but actually processes and support work that helps you get closer to reaching your goals and operating your business.

Contact us for more information at 678-667-7988 or info@peavyassociates.com.

How Do You Choose the Right Consultant For You?

How do you choose the right consultant for your business needs? It’s simple, ask yourself these questions:

Meeting With Consultants

Meeting with Consultants

  • What do I really need a Consultant for?
  • Can she/he really help me ?
  • At what capacity and depth will they be involved?
  • Is this person dependable?
  • Is this person legitimate?

These are questions that one most ask before searching or calling a consultant to inquire about there services. Consultant helps point you in the right direction, some are with you through every process of starting a business, and even continue to be with you. If you are an entrepreneur who needs organization structure or business development services, than search for a consultant that can take your business to the next level. When you do ask the questions above. You don’t want to waste your time or money with this task. Remember, some consultants just guide, others maybe hands on in the process.  Ask about their process and the services they offer, in detail.

Remember, you are building and making your dream become a reality. Realistically, this is now your income and how you cover your expenses, personally and financially.

To speak with our Consultants, contact us at http://www.peavyassociates.com or 678-667-7988. Inquire about our services!

Starting A Business? Need a Business Plan? Contact us!

business-plan-300 Business Plans are the Blue Print of your business!

Business plans are the guide and foundation of your business. They are the go to for more information of what your business is about and for creditors, why should they be interested in your business. Often times, creditors want to know what you are doing to make your business successful, are there any other businesses like yours, and the numbers.  They want to make sure that they will be getting a great return on their investment.

So, if you need a company whose team are skillful business writers, proposal writers , and business consultants, contact us for more information at https://peavyassociates.com/contact-us/

Price List

Standard Business Plans – starting $ 400 ( Market research included for $100 more)

Market Research / Analysis – $300 (alone)

Ongoing Consulting Services – $2, 500 – $3,500 a month

  • Involves financial and operations management
  • Other is business process improvement,

Project Basis – $40 – $50 /hour (depends on the scope of work)

Start- up Consulting Project – $300 – $700

Consultation- $125 (retainer)

Why Processes and Systematic Approach to Your Operations Are Helpful?

Process Diagram

You are all over the place, disorganized. You just want to get customers and work, this is the most cases for entrepreneurs and executives. You worry about the financing and operating activities, monetary, of the business, but not the actual operations of the business. You need to figure out how to provide new services to your customers,so you make up a team and leave them without direction to focus on attracting your customers, big mistake. When you finally check on your departments performance, you are not understanding the lag in time it takes to complete a task, yet you are too busy to address the issue. So what are the result now?

  • Key tasks are missed which probably could have helped gain a client or attain the revenue
  • Other tasks are yet to performed because the first was yet to be completed because of no guidance
  • The team you created are left in the wind without direction, scope, idea, and budget so your are over your limits (spending) and the project is not executed properly

Oh I can go on and on to the many problems that can happen without your insight and input as the leader. Processes and systems are beneficial to any business, small or large, because it helps solves many problems and enables an efficient workflow. As the Key Executive, you are the leader. Your team are looking for your guidance and vision of the company. When you are absent, many things can go wrong.

Standard Operating Procedures, Processes, and systems are implement under the company’s vision. These plans are put in place to give the company a sense of direction and how to proceed with work. If you implement a process in each department, tasks will be completed on time and new tasks can be performed. If you define the scope of the project with your team, take time to listen to all input, and develop a plan of action, from it; your team can then hit the floor executing the project.

Now with all this being said, this really means as the leader, lead, motivate, guide and you can go the rest of the day completing your very own tasks, because you have implemented processes and a plan of action!

Written by: Teleigha L. Peavy CSM, LSS (green belt) PMP candidate.

Operation and Business Consultant at Peavy and Associates’ Business Services, Inc.