Friday, August 24, 2007

Communication




Communication is extremely important in the running of a business and co-owners constantly have to keep one other abreast of each others schedules and what was accomplished during their individual meetings. If this is not done it places a business partner in the uncomfortable position of saying “I don’t know” in answer to the co-owners whereabouts. A business owner’s life is hectic and ever changing along with the corporate environment so miscommunication must be held to a minimum in order for the business to run smoothly. A co-owner not being informed as to what took place in previous client meetings when he/she is expected to head the next meeting can lead to the disruption of a cohesive business relationship which is important to avoid if at all possible. Another consequence of not being informed of decisions made in previous meetings can lead to that partner making decisions that contradicted the previous partners’ decisions. Keeping team owners on the same page is an extremely sound business practice that must be consistently adhered to.