by | Mar 14, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Sales & Marketing, Small Business Owners, Small Business Success Series
Most startup business owners start their business by thinking about the product or service they are offering. They fail to answer the most important question that every business owner must answer: Why should I, the customer, choose your product or use your service...
by | Mar 13, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Small Business Owners, Small Business Success Series
A recent study found that half of all small businesses are having trouble collecting receivables. During good times, this is an annoyance. During bad times, it is often the path to an appointment with a bankruptcy attorney. Collecting receivables requires a plan and a...
by | Mar 8, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Sales & Marketing, Small Business Owners, Small Business Success Series
Let’s look at how up-selling and cross-selling can massively increase this customer’s value. (Up-selling is adding related products or services to the original purchase. Cross-selling is getting this customer to buy a product or service totally unrelated to the...
by | Mar 6, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Sales & Marketing, Small Business Owners
The myth most business owners believe: The most important thing is to get the sale! Why this myth causes a problem: It focuses on the wrong thing! The only thing that counts in a business is to make a profit. You didn’t start a business to make a sale and turn around...
by | Feb 17, 2017 | Business Profit & Cash Flow Tips, Sales & Marketing, Small Business Owners
In an ideal world, all you would have to do to generate profits is open a business and have an overflow of eager customers banging on your door. In an even more ideal world, you would have someone on staff that could handle all of your marketing and had an in-depth...
by | Feb 3, 2017 | Business Profit & Cash Flow Tips, Personal financial planning, Sales & Marketing, Small Business Owners
Let’s look at what some of the experts have to say about financial growth in a healthy way. These tips could help you get started on the right path. Dave Ramsey author of "The Total Money Makeover” and the host of the "Dave Ramsey Show" says,...