The Source

Spring 2003



Writing Your Company’s History Can Enlighten, Entertain

 

Depending on how long your business has been in operation, you may have built a rich history to share with younger generations or you may still be gathering material for some future storyteller. Either way, recording your business history will allow you to see where the business has been and help you chart the course ahead.

A business history will explain the mission behind establishment of the business and the challenge of building it. Also, it will record stumbles along the way to help future leadership benefit from lessons learned by the company’s early leaders.

Aside from its practical uses, a business history project is likely to provide an interesting diversion from everyday concerns and renew motivation for meeting business challenges.

Getting Started
Where to begin? It depends on how long the business has been in operation and the kind of records that may be available.

Start by assembling whatever documents you can find — such as old ledgers, receipt books, and statements. It can be both entertaining and enlightening to look back through a dusty ledger from decades ago and reflect on the changes in costs, quantities, and schedules of operation.

Along with written records, collect old photos that can show the physical changes in facilities and help humanize the business record. Veteran employees and retired staff can help flesh out the story in interviews or written accounts documenting how previous generations lived and worked.

Once you’ve collected all the material, your budget and your schedule will determine the next step. You might choose one of the following approaches:

  • Hire a writer and contract with a publisher specializing in business histories to professionally produce the book. The finished piece can be given as gifts to family members, employees, customers, suppliers, and others with an interest in the business. It can even serve as an effective marketing tool.
  • Recruit volunteers — perhaps recent retirees — to assemble the information into story form. You may want to hire an editor to polish or at least proofread the manuscript before turning it over to a publisher specializing in self-published works. Selecting a simple softcover format can help keep costs down.
  • Bypass a formal publishing effort and take your finished manuscript to a quick-print shop for reproduction and binding into booklet form or assembly in folders or loose-leaf notebooks.



Distributing Copies
Generally, the more polished the finished piece, the more widely you will distribute it. Books reflecting a high degree of effort deserve a big enough press run to serve as business gifts for the next few years. Less polished products may be retained within the company for staff use and enjoyment.

No matter how good your effort, it is unlikely that you will be able to sell copies. Generally, the history will be valuable and beneficial to those in the inside circle, and casually interesting to outsiders.

The publisher is likely to offer more attractive unit prices for larger orders, but be careful not to order too many. In a few years, the book will be out of date, and it will be time to compile a new record of accomplishments.

 

Perisho Tombor Loomis & Ramirez
901 Campisi Way, Suite 250
Campbell, CA 95008
408-558-0500
info@ptlr.com

 

 

The articles in this newsletter are general in nature and are not a substitute for accounting, legal, or other professional services. We assume no liability for the reader's reliance on this information. Before implementing any of the ideas contained in this publication, consult a professional advisor to determine whether they apply to your unique circumstances.

© 2003