To determine the underlying origin of a problem, it can be useful to employ a little bit of business theory.
Begin by brainstorming all the factors related to a problem. Examine whether any unusual factors were involved and if they came from inside or outside of your business. Try to think of ways in which you can prevent or manage these factors and stop them developing into a problem again in the future.
Once you think that you have identified the cause of a problem, implement the changes that you believe are necessary. If done correctly, this will prevent the problem from ever happening again.
All businesses go through problematic times at some stage, but it can often be difficult to pinpoint what is actually causing them. Problems are not always bad in the long run because they provide a valuable opportunity for you to learn from what went wrong. However, to avoid repeating the same mistakes over and over you first of all need to be able to identify a cause.
WinWeb Planning software has some integrated business theory tools – including SWOT, Mission Statement and Business Goals – that you will also find useful.