Showing posts with label building business. Show all posts
Showing posts with label building business. Show all posts

Monday, 6 August 2018

Your name? I have no idea!

Your name? I have no idea!

Regarding the name it’s a common problem to many that they are completely unable to recall names when needed. They may use a trick to avoid the embarrassment like using the name a couple of times after introduction to reinforce it in their brain. It’s probably a nice thing in that context.

I have this affliction and because of it I am much better now than I used to be at remembering names, especially when out of context. Also I decided a long time ago that the small embarrassment attached to confessing you could not bring their name to mind when meeting someone again is dwarfed by the massive destructive experience of painting yourself into a corner and never ever getting away with it.  To read the full LinkedIn Article by Bob Shepherd, just click here. Simple really.

Tuesday, 23 January 2018

Running A Business | Business Ethics Are Key

Image for LinkedIn Article by Bob Shepherd Associates | Running a Business, Business Ethics

Running A Business | Business Ethics Are Key!


The way people behave in business has been troubling me lately. The integrity of a business is what is presented to the outside world. It starts off with politeness and courtesy, moves on to turning up on time and then to doing what you say you can. It also covers not saying you can do something when you can’t!

Communication is a lot to do with it. If you say when you are going to pay, make sure you do what you say. For any business struggling with cash flow that is a useful tip. Much better that you get in first and tell them what you can do rather than wait until the boys are coming round and start bleating then!

Think about all the times you have received poor service. A lot of it was unmanaged expectation. Had you been told some investigation was needed and a reply would be given within a certain time you would have waited. Had you been told what was happening/why there was a delay/ given an apology for whatever was amiss it is likely you would have had your opinion of the place enhanced and may even have recommended it.  To read the full article by Bob Shepherd on "Business Ethics", just click here.  Simple really!








Wednesday, 6 December 2017

Business Planning | Is it time well spent?


I had a client who was a tyre and exhaust depot who had tyres in every corner of space. I asked him how many and he had over 600. There was no real reason why he had to keep a couple of everything made when he could get them delivered in a couple of hours. His cash flow improved when I pointed this out.

We the consumers should demand less choice. That way when your Christmas tree lights don’t work and you try to buy some bulbs you will not need to discover there are dozens of variations which are essentially the same, but not interchangeable.  To read the full Bob Shepherd LinkedIn article, just click here.  Simple really

Tuesday, 12 September 2017

Business Networking | Knowing your onions isn't enough

Linkedin Article Image by Bob Shepherd Associates on Business Networking

Business Networking | Knowing your onions isn't enough


Professional knowledge is essential for any business but building an extensive network of relevant contacts can be just as important. This is particularly the case for a conceptual business. If you are a Printer, or an Accountant, or something with a definite label then people think they know what you do already. (They don’t of course but you have to see it positively) Getting to know the right people can be critical for business success.

The first purpose of networking is making contacts, building possible....... To read the full LinkedIn Article by Bob Shepherd, just click here - Simple really.

Tuesday, 4 July 2017

Business Sales | The Power of Now


Business Sales | The Power of Now

The idea of immediacy has long been recognised in the "Sales" world. You know the sort of thing; if you are buying or signing up now there is a strong incentive offered like a discount on the price, or a free add-on.

I have been reminded of this a couple of times lately when for logistical reasons I have set an appointment for a potential customer some days ahead, or the following week. That meeting gets cancelled and we enter a sort of limbo where I have thought what I might offer and what I can contribute but the magic of the initial conversation is fading and both potential customer and I are starting to forget the point that was so obvious in the beginning.


By the time that meeting does happen, if it ever does, the initial gain has been lost and we have to start all over again and sometimes........... To read the full LinkedIn post, just click here. Simple really.

Wednesday, 28 June 2017

Business Marketing | A Different Audience


Business Marketing | A Different Audience

"First rule of business marketing: Always speak to your audience!"

When you present a talk always gear it up to the level you want for the audience you are going to have. It will be appreciated more. That seems obvious doesn’t it?

So too with writing. These articles usually have some business point to make and illustrate and my natural style is not always appropriate. It needs varying to make the point hit home. So too with networking, or the broadcasting of your business in any way at all. Varying the pitch and the style applies to speech just as much as it does to writing and presenting. What is confusingly called your ‘elevator pitch’ might be different in different places. It needs preparation and some careful thought, particularly as you have only a few seconds to get your point across....... To read the full Article by Bob Shepherd Associates, just click here. Simple really.

Tuesday, 6 June 2017

Business Systems | That Pile of Business Cards & Other Admin

Bob Shepherd Associates article image | That pile of business cards

Business Systems | That Pile of Business Cards & Other Admin

I was doing quite well until a couple of months ago. I had a filing system for cards and a cross reference book for business types – printers, accountants, marketing, banks etc. That reading pile was under control and I had a (small) urgent pile and a less urgent pile.

Then it sank. I had (inadvertently) several systems with the most effective being chronological order. How long ago did I see that person/document I now need to find? It must be so far back in the run then….  Click here to read the full LinkedIn Article by Bob Shepherd. Simple really

Monday, 6 March 2017

Business Leadership | Leaders, The 7% conundrum - Private Education, Top Universities and all that

Supporting image for Bob Shepherd Associates Article - Leaders, The 7% conundrum

Business Leadership | Leaders, The 7% conundrum - Private Education, Top Universities and all that

I am all for achieving equality in education provision and ensuring equal opportunities for those with talent and acumen and entrepreneurial initiative.

I have seen a lot of coverage critical of the system where the majority of our leaders, our politicians and our senior commercial folk seem to come from the 7% who attend the best universities and private education.

I think this is skewed the wrong way round. The question should not be ‘how is it that best universities and the private education schools seem to generate the leaders and initiative takers ?’ but rather, "how is it that an education system with the other 93% of our young people does not?". To read the full LinkedIn article by Bob Shepherd Associates, click here.  Simple really.

Business Planning | The big risky tickets in one basket

Business Planning | The big risky tickets in one basket

Small is sometimes better. Take the railways for example. The government has pinned a lot on HS2 the high speed line that will unzip economic miracles for that foggy bit they are unsure about up the M1 somewhere. £55 billion is big by any standards and I bet it's more by the time we have finished. It'll save a few minutes off journey times apparently.

Return on investment is a subjective interpretation in many ways . That money would be better spent financing smaller rail projects and rail regenerations. There is a stack of evidence that local rail regenerations work, and then some. The Ebbw Vale line to Cardiff is a local example for me. Lately the Midlothian "Borders railway" is a recent one.  To read the full LinkedIn Article by Bob Shepherd, just click here.  Simple really

Business Advice | Anything for a clear desk


"Hey! I am a consultant!".

Don’t do what I do, do what I say! The reason I know about this problem in any detail is business experience – my own experience. Before we had fancy online efficiency modules we used to examine efficiency in the corporate workplace by manual statistics and measurement called ‘Work measurement’.

It was interesting to see what you did actually do all day. One difficulty was recording it consistently; another was the interpretation. For example, the patterns showed that customer flows usually dropped away at certain times of the day on certain days of the week. Therefore, staff were presumably not needed at those times and we would save money by using part time staff and giving others non time related jobs to do at those times. Result? Utter shambles!  To read the full Bob Shepherd Associates LinkedIn article, just click here.  Simple really,

Marketing | Brand Building and all that

I have been into a number of businesses lately who haven’t grasped something I think is clear. Your presentation to the big world out there will have much more effect if it is a coherent one. Think about some of the big brand names that have infiltrated our souls, whether we like it or not or whether we actually use them or not. It is quite disturbing in some ways. Becoming a household name has a bit of a relationship with brain washing or brain conditioning of some sort.

There are brands I have in my head that date back decades and there’s nothing I can do about it. I was exposed to them at some point and they will live with me as part of my culture until I pass-away. Certain phrases inevitably finish themselves off in my head with the rest of the message. That shows just how powerful branding can be. To read the full Bob Shepherd Associates article, click here.  Simple really.

Monday, 6 February 2017

Business Planning | Networking South Wales

Supporting Image for Bob Shepherds Assocaites Blog | Networking in South Wales

Business Planning | Networking South Wales

There are dozens of business networks in South Wales . I help businesses with business strategy and planning (“Business Building”) and I deal with business finance and organisation. Not a shameless plug altogether because my point is that the business planning for growth requires experience and knowledge in networking as a major sub heading under the all embracing term “Marketing”. You need all this in place to get your finance sorted to show you are a functional business, by which time you have a plan to put into action, if you have done it properly.


My view is that there is not just one answer to networking. Some networks work best with a business that can be easily pigeon holed by everyone. (Accurately or not – doesn’t matter, you can sort that out later on). Other businesses do not. Click here to read the full LinkedIn article by Bob Shepherd

Wednesday, 9 November 2016

Marketing | The Elevator Pitch. So Important When Networking

Marketing | The elevator pitch, so important when networking

It’s a strange term in business that has achieved the status of a phrase everybody knows and few people have examined for meaning.

Elevating is lifting up in some way and that is quite graphic. The word pitch is interesting though. There are dozens of meanings for the word, actually 50 listed in my dictionary.  In the business networking context I like the idea that it could mean the tone of your presentation, as it does in music.

More aggressively when you pitch something you throw it and the idea of hurling your service or product at someone you have just met is an anathema to business networking folk. It will get you nowhere.  To read the full LinkedIn Post by Bob Shepherd Associates, click here.  Simple Really.


Wednesday, 26 October 2016

Business Finance | Size doesn't matter

The FSB  (Federation of Small Business) has data that suggests businesses with less than 9 people are less likely to secure main stream finance. As with any data that needs interpretation.

Do Banks prefer larger businesses? In a way, yes.




Friday, 14 October 2016

Organic Marketing | Networking South Wales

There are dozens of business networks in South Wales . I help businesses with business strategy and planning (“Business Building”) and I deal with business finance and organisation. Not a shameless plug altogether because my point is that the business planning for growth requires experience and knowledge in networking as a major sub heading under the all embracing term “Marketing”. You need all this in place to get your finance sorted to show you are a functional business ,  by which time you have a plan to put into action, if you have done it properly.

My view is that there is not just one answer to networking. Some networks work best with a business that can be easily pigeon holed by everyone. (Accurately or not – doesn’t matter, you can sort that out later on). Other businesses do not.

So which group is best for you?

To read the full LinkedIn article by Bob Shepherd Associates, please click the link.  Simple really.

Monday, 3 October 2016

Leadership | The thing about business, big or small

Leadership | The thing about business, big or small

Whatever the flavour, size, style or type of  business you have there are some common features - some common characteristics. This is the secret behind how I can contribute to a business. I do not actually need to know the technical and finer points of the business to know what needs some attention, needs a fix or needs some development.

For example all businesses need to communicate with the outside world in an attractive and constructively encouraging way. The methods for doing that may have differences in detail and sophistication and will have a different focus on one channel over another, but still the principle is there.  To read the full LinkedIn post by Bob Shepherd Assocaites, please click here.

Tuesday, 20 September 2016

Business Finance | Bank's can't do it anymore

Business Finance | Banks can't do it anymore

There was a time when the sensible way for a respectable small business to finance the ups and downs of their developing cash flow requirements was to trip down the bank with their figures and see a friendly Bank Manager who knew them, understood their business and had the discretion to assist them sensibly and proportionately with an overdraft.

There were rules about this. With a long climb up the specialist ladder behind him (mostly a him) he knew how to assess the risk and how to apply the brake when required through monitoring, understanding and sensible appreciation of what the customer was trying to do.

And then the system changed.  To read the full LinkedIn article, click here.