| ERIX Method |
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This page is under construction... Many small business owners run their operations by the "seat of their pants," and while they may attain base levels of success, they are missing out on the opportunity for sustained business growth and significantly increased profits. It is vital that a company stablizes and standardizes it procedures in order to maximize effiency. We've seen companies doing over a million dollars per year of revenue who use their checkbook register as their "accounting system," which causes not only frequent headaches and a lack of proper documentation, but also leaves the room for devastating errors. Lots of methods "work" to some extent, but we advise our consulting clients on what works completely-- the choices and actions that result in maximum profitability, maximum growth and minimal stress. The ERIX Method arose from the belief that "stress-free success" is entirely possible when a company is willing to take a systematic approach for its business. By ensuring that your company is properly advancing through the 5 stages, it is possible to change a business from one struggling to pay all of its bills to one that is ready to expand its business and achieve long-term success. The process of business involves the following chain: Chaos --> Stability --> Order --> Profitability --> Growth Most small to medium sized companies exist in the range of chaos, stability or the beginnings of order-- and most of them will never progress beyond it. While, they may spend many years cranking out a reasonable salary for its employees, they will never be able to achieve spectacular success without some serious rethinking and strategic planning. Here's a brief explanation of the steps of the process: Chaos -- "We know how to do something and people are willing to pay for it, but we're always scrambling to pay bills." Stability -- "We're good at our work and we're in no danger of going bankrupt, but often feel disorganized and overworked." Order -- "Everything is running smoothly, but we seem to be limited in our attempt to attain significantly increased levels of production and profit." Profitability -- "Wow! Taking a closer look at everything we do increased our profits and productivity without hiring more staff!" Growth -- "I never imagined I could be this successful!" |