E-Book Overview
'Business Development' provides a readable and practical book for the growth and development of businesses. This is primarily a textbook for the NVQ4 Business Development qualification, the Institute of Management Certificate in Owner Management courses, and HND Small business modules, but the text is also an invaluable practical guide to owner-managers of small businesses. All businesses pass through several stages of growth and it occurs for a number of reasons, such as change in the commercial market, increased customer demand for services or product, higher numbers of customers. Business Development shows how to make the most of this growth and also how to deal with the different types of problems that are encountered along the way. The book is structured to follow a logical sequence of questions that makes it readily accessible: Where are we now? Where do we want to go? What resources are needed to get there? What sales and marketing policies do we need to develop? It examines the personnel and staffing implications, the efficiency of the current financial management process, and the owner's own abilities to make it all happen. Most important of all it makes the owner-manager takes a long, hard look at the business and where it is really going. First textbook to relate closely to the NVQ4 and IM Certificate courseFirst textbook to relate closely to the NVQ4 and IM Certificate course
E-Book Content
Business Development
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Business Development A guide to small business strategy
David Butler
OXFORD
AUCKLAND
BOSTON
JOHANNESBURG
MELBOURNE
NEW DELHI
1111 2 3 4 5 6 7 8 9 1011 1 2 3 4 5 6 7 8 9 2011 1 2 3 4 5 6 7 8 9 3011 1 2 3 4 5 6 7 811
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Butterworth-Heinemann Linacre House, Jordan Hill, Oxford OX2 8DP 225 Wildwood Avenue, Woburn, MA 01801-2041 A division of Reed Educational and Professional Publishing Ltd
First published 2001 © David Butler 2001 All rights reserved. No part of this publication may be reproduced in any material form (including photocopying or storing in any medium by electronic means and whether or not transiently or incidentally to some other use of this publication) without the written permission of the copyright holder except in accordance with the provisions of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency Ltd, 90 Tottenham Court Road, London, England W1P 0LP. Applications for the copyright holder’s written permission to reproduce any part of this publication should be addressed to the publishers British Library Cataloguing in Publication Data Butler, David Business development: a guide to small business strategy 1. Strategic planning 2. Small business I. Title 658.4′012 ISBN 0 7506 5247 0 For information on all Butterworth-Heinemann publications visit our website at www.bh.com
Typeset by Florence Production Ltd, Stoodleigh, Devon Printed and bound in Great Britain
Contents Contents Contents
Preface
vii
Acknowledgements
x
Chapter 1
The culture shift
1
Chapter 2
Performance review – where are we now?
19
Planning for the future – where are we going?
44
Chapter 4
What resources will we need?
60
Chapter 5
Developing a sales and marketing strategy
76
Chapter 6
Expanding the market
87
Chapter 7
Unde