1. Think ahead. Establish policies before you need them. Dong so helps avert crises and awkward situations, and helps solve problems before thy arise.
2. Determine what policies you need. Some you’ll want early in your business include a mission statement, as well as compensation, performance evaluation and employee policies.
3. Get input. Get input from your advisory board, board of directors, and/or your professional advisors and consultants.
4. Communicate policies to everyone in your business
5. Review policies on a regular basis—biannually or once a year.
* * * * * * * * * * * * * * * *
Karmen A. Booker is an Attorney, Business Consultant and Chief Consultant for Compu-Perfect Professional Services, a business consulting firm specializing in business incorporation, establishing limited liability companies, contract drafting & reviewing, and more. CALL ATTORNEY BOOKER at (301) 408-1082. View her website at www.compuperfect.net
She is also the author of “Business Tips” Report where you will discover tips that will put you on the Road to Business Success, Tips for creating and implementing a marketing plan, and more. This report and other books she has authored are available for online purchase at www.kbooker.wordpress.com by clicking on the respective report and book covers on the right sidebar of the blog site.