Author: Ian Leaman

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Embracing Digital Tools with the Playbooks Principle

Nearly 71% of small business owners say digital tools are essential for success, yet many feel overwhelmed by the options. The AI tsunami we find ourselves in the midst of right now can be overwhelming.

The Playbooks principle from Summit OS Group can accelerate and systematize digital adoption.

How can you make digital work for you?
– Document your key processes and identify where automation or AI can save time.
– Bundle digital solutions (banking, payments, operations) for simplicity and efficiency.
– Train your team to use new tools effectively, turning tech into a true asset.

Questions for you:
– Which digital tool has made the biggest impact on your business this year?
– How do you decide what to automate and what to keep manual?

Share your digital wins (and lessons learned) below! 👇

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The Profit Principle – Prioritizing Financial Health

Is Your Business Truly Profitable? Let’s Talk Numbers!

💰 Many small businesses focus so much on growth that profitability takes a back seat. But without profit, growth isn’t sustainable. Profit is the fuel which keeps businesses alive. In fact, 82% of businesses fail due to cash flow issues.

The Profit principle reminds us that financial health should always be a priority. Here’s how you can apply it:
– Know Your Numbers: Are you regularly reviewing profit margins and cash flow statements?
– Cut Unnecessary Costs: Audit expenses and eliminate anything that doesn’t add value to your business or customers.
– Focus on High-Margin Products/Services: Double down on offerings that drive improved profitability.

💡 Questions for You:
– How often do you review your financials with your team or advisor?
– What’s one way you could improve profitability this month and bag those wins for every month, recurring?

Let’s talk Profit strategy—share your thoughts below 👇

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Struggling to Hit Your Goals? Let’s Perform!

🎯 Business goals often fall short because they’re not clear or actionable enough. A recent study found that 80% of small business owners don’t track their progress toward goals effectively.

The Perform principle is all about setting measurable objectives, tracking progress, and fostering accountability. Here’s how to apply it:
– Set SMART Goals: Are your goals Specific, Measurable, Achievable, Relevant, and Time-bound?
– Track Progress Weekly: Use simple tools like scorecards or dashboards to stay on top of key metrics.
– Celebrate Wins: Recognizing progress keeps your team motivated and engaged.

💡 Questions for You:
– Do you have a system in place to track your goals regularly?
– What’s one goal you’re working on this quarter—and how will you measure success?

Get in touch to let me know your comments! I’d love to hear about your approach.

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Overwhelmed by chaos?

Feeling overwhelmed by operational chaos in your business? Research shows that 43% of SME business owners struggle with managing daily operations, hindering growth and causing stress. The Playbooks principle by SummitOS offers a solution: creating documented systems and processes for consistency and scalability.

To streamline your operations:
– Start by documenting key processes, outlining step-by-step guides for repetitive tasks.
– Empower your team through effective delegation using playbooks, allowing them to take ownership and work autonomously.
– Continuously refine your processes to adapt to business growth, ensuring they remain relevant and efficient.

Have you documented your critical business processes?
What area of your operations could benefit from a clearer system?

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