10 Tips for Maintaining a Healthy Business

Check out the article I wrote for Syleena Johnson's Magazine Girlfriend Health Guide (www.girlfriendshealthguide.com)


10 Tips for a Healthy Business

The number of women-owned businesses has grown significantly over the last five years in America. Women business owners are leading the nation in job growth. According to The Guardian Life Small Business Research Institute, by 2018 women entrepreneurs will be responsible for creating more than half of the jobs created within the U.S as reported by the Bureau of Labor Statistics. Within these statistics and data, minority-women owned business are also becoming a major force in starting and launching successful businesses. The entrepreneurial spirit is alive in America! Therefore, a healthy mind leads to healthy business and simultaneously healthy finances. With that in mind, it is increasingly important for women of color who own small or large businesses to maintain and keep a healthy organization. Here are ten tips that will assist you in maintaining a healthy business.
1. Stress management is vital to a healthy business. Women should workout consistently, take their supplements and use meditation techniques to maintain balance and a solid peace of mind. Your physical and mental state directly affects how you run your business.
2. Perform a financial check-up of your assets and liabilities.
3. Every business must evaluate their marketing strategy in order to be competitive in today’s workplace. Develop a new marketing plan that allows you to re-brand and re-introduce yourself into new and current markets.
4. Monitor your cash-flow daily. Positive cash flows represent a healthy business.
5. Participate in Strategic Planning. Strategic planning should be done at least 2 to 3 times per year.
6. Take time monthly to review the organization and structure of your company.
7. Back up your business records.
8. Create a positive environment.
9. Be informed and educate yourself on the business that you work within. Stay current, informed and up to date on current and future regulations and legislation that may affect your business.
10. Finally, take a VACATION!