Top 10 Reasons Small Businesses Fail
Sad to say this but the stats don’t lie. The statistics for a new business to succeed is not too...
Category: Entrepreneur
How to be strategic in your business
One reason that many businesses fail, is that they have no strategic plan. They are always chasing a sale, or marketing/advertising just to be marketing or advertising with no real purpose. Yes, we get it. You want more sales, but your marketing and advertising is not strategic towards the goals of your business. It has no real purpose; it does not have any strategy that is in alignment with the goals of your business. That is one of the many reasons you are not getting an ROI on your marketing/advertising investment. Strategic management is a widely studied field because it is through strategy that organizations attempt to reach their goals and out-think the competition. Thinking strategically requires research, analysis, and forethought in order to create a plan for how you will proceed as an organization. Most small business owners do not take time out of their schedule for strategic planning. They have no strategic “game plan.”
Don’t stop working during the holidays
The Holiday Season is upon us and for sales professionals and sales managers this time of year adds special challenges...
What is your USP? And why is this important
What is your USP? You may have heard that question at some point when you were building your business or...
The old run-a-round
How many times have you encountered an extreme run-a-round when you trying to get an answer from someone? I bet we all have many horror stories of being transferred around from customer service representative to customer service representative. Or when you are in the business and the person behind the counter tells you that you have to call an 800 number to get your question or issue resolved? How about when you ask an employee a question and they don’t know the answer but then just disappear on you-not knowing if they are asking someone else or just hiding from you.
Insurance: One of The Necessary Evils of doing Business
Wait, what does insurance that have to do with what I’m doing for my new client? How do I get it in place fast so I can do the job? This is a familiar scenario that I see every day with startup companies. They will have a great concept and their operations are going forward; however, when the first really big client comes along, they have forgotten to get the necessary insurance and now it’s panic time
To create change you need Action
All the planning, pondering and philosophizing in the world won’t produce your desired results. All the contemplation, envisioning, affirmations, chanting, positive thinking and meditation won’t materialize your goals if you do not take action.
Do you have a solid SUPPORT system?
So you now have your well-designed goals—fantastic! You also have your plan of action to achieve them—hooray! You...
3 Simple Steps to the Perfect Customer Experience
Ultimately, your business exists to do two things: • Attract customers • Satisfy customers If your business doesn’t perform these...
Symptoms of Strategy Misalignment
Business owner, “I feel that I am guiding the ship one way, but in reality, the ship is going in...