Tuesday, December 15, 2009

Extreme business success

As part of our promise to deliver something unique from the angle of the Chamber of commerce we will be looking at business opportunities where any amount of investors can invest in and make a good monthly return on their investment. We are at present investigating such an opportunity and will shortly offer the shareholding to interested parties.

Certain principles will be locked into the deal :

Ideally the shareholders will not be directors. The directors will report
to the board on a monthly basis and will be able to retain their positions
as directors only if they attain the agreed targets over an agreed period of time.

The directors will appoint management who ideally would consist
of a sales manager and Admin/financial manager.
The idea is that we outsource this function and Sales manager
will in turn only be paid should he attain the agreed targets.

These managers will in turn report to the board of directors on a weekly basis

To sum this all up the ideal structure for extreme business success would look something like this:

Investors with up to 100% shareholding

( board reports to shareholders on a monthly basis)


Board of directors
consisting of suitably qualified entrepreneurs

The board is set up with the specific purpose of investigating a business opportunity , drafting a business plan with cash flow projections and then involve investors in sourcing the funds to start the business. The minimum return on investment is 15% per annum (paid out as interest monthly)

Management : Ideally structured only two managers : admin manager
who also performs the duties of financial manager
(remunerated on a Salary basis )
and a Sales manager ( Remunerated on a commission basis)


General staff as required : Sales persons - remunerated on a commission basis
Admin and reception - remunerated on a salary basis

Some basic principles :
1. Because the share holders are not directors, there is accountability
from the board to the shareholders.
2. Because reporting is done on a daily basis from sales staff to sales manager
on a weekly basis from the sales manager to the board and on a monthly
basis from the board to the shareholders any possible deviation in targets
can practically immediately be rectified.

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The gate is wide open go and get that business

The gate is wide open go and get that business

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