A proactive business owner understands that communication and problem solving is key to having a growing and thriving business. These three tips will help you to continue in your trek towards entrepreneurship. Invest Time in Problem Solving (and Prevention) The best way to solve a problem is to get to the root of the problem.Read… Read more »
Commit to Your Clients Committing to your clients shows them that they are #1. Assure them that their needs are paramount. This will take care of the majority of the referral work. Explain Your Business Explain to your clients what your business entails. Let them know that you are own a referral-based business, and thatRead… Read more »
Pricing adjustment is key to having a successful sale in a recession. It is a best practice to continuously monitor your prices of goods and/or services in your industry. Competitive Pricing The first step in competitive pricing is to check your competitors’ prices in person or online. If you cannot beat your competitor, offer somethingRead… Read more »
I have listed five key ways to help you pay off your creditors. Who to Pay First The first step is to decide who to pay off first. Some top priorities to consider paying off would be: lenders, past due taxes, vendors, etc. Project Cash Flow The simplest method is to have a spreadsheet thatRead… Read more »
In this recession, all businesses could you use more money in their accounts. Here are some tips for increasing your cash flow in a tight credit market. Bill Customers ASAP Require your customers/clients to make deposits; try to obtain your cash payments at the time of service. You can also include discounts if the customerRead… Read more »
Surviving in a recession can be taxing. This blog is intended to help you thrive, even in this economic state. Make a list of financial problem areas in your business Nuff said.. Putting your problems on paper helps to de-clutter the information from your brain. This will make you a more efficient business owner. OrganizeRead… Read more »
I’ve noticed that momentous changes to the rules by which we all live and work often start out on the frontiers, then flow back inward. New ways of doing old business, new industries, even shifts in societal and family rules are often hatched out of necessity by out-there, pragmatic pioneers who seek a better way,Read… Read more »
Hi All, I haven’t blogged for awhile now due to my workload that I have had, so now that I have a few minutes to spare I thought I better get back into it (as I enjoy sharing my thoughts and ideas). So, without further ado my blog this week is about employees who proposeRead… Read more »