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Articles for category Profit Growth Ideas
In my view there is a golden rule of sales and marketing and that is, "you can only sell one thing at a time". Almost everyone I help and work with does not realise the importance of this rule and as a result they sell less of their products and make less money. This sounds a bit weird, so let me explain. [Read More...]
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Profit Growth Ideas
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Most businesses reach a point where its not possible to progress without first establishing some form of management team. Setting up and management team is a tricky business as lots of things can and will go wrong. I’ve put together a few tips here that I have learned that will make the process less painful than it was for me.
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Profit Growth Ideas
Some simple techniques that I guarantee will win you more business.
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Profit Growth Ideas
I've found that the majority of business owners are unaware of the effect growing their business has on cash flow, yet by you not understanding this concept a massive barrier to the growth of your company is created.
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Profit Growth Ideas
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Time-dependent special offers are a fantastic way of closing business, they work particularly well when you can forecast lower sales periods. If you've never used this technique within your business then I would urge you to experiment - it can become a powerful weapon in your sales armoury. [Read More...]
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Profit Growth Ideas
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Every company that I have ever come across that has been long term successful has owners who have a Profit Mentality. Find out what I mean by this and if you have it! [Read More...]
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Profit Growth Ideas
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Fifteen years ago when I was just starting up in business for the first time, a businessman that I met said to me, "It's hard to find good people when you are a small business and when you do you can't pay them what they are worth. Give them some shares in your business and they will be committed to the company". Is this right or wrong, I discuss.
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Startup Business Advice
Profit Growth Ideas
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Most companies compete on price, ie they are cheap. As a result they exist on very tiny margins and make little, if any, profit for the owners. This does not build a sustainable business. In this blog I discuss how you can increase prices but not lose out on business. [Read More...]
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Profit Growth Ideas
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I work and meet with dozens of small businesses and to my surprise a large proportion of them suffer from the same issues. When you start a business it is important that you, as the owner, invest a lot of your energy and time into the company for future financial rewards. In other words you work ridiculously hard for not a lot of money (if any)! This state of affairs should only be a means to an end and should be temporary, however with a large proportion of the businesses that I see all of which have been trading for several years they don't seem to have moved on. I see companies whose owners work 12 hours a day for less than the minimum wage whilst other employees take home a normal wage.
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Startup Business Advice
Profit Growth Ideas
I helped out an organisation who were looking to find a web development company to build them a new website. We selected three companies to come in and see us and talk about how they could help us. Being on the other side of the fence for once, it was noticeable how poor the “selling style” of each of these companies was. With just a few very small changes in their approach they could easily of made themselves stand out and ‘really’ won the business. Watch this video, if you follow these simple steps you will win more business.
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Categories:
Profit Growth Ideas