Business Growth

How To Build Business Value

6 Financial Problems All Business Owners Face

»Posted by on Aug 3, 2011 in Business Financial Planning, Business Growth, Management | 0 comments

Knowledge of the financial needs and problems that face a business from time to time could mean the difference between growing and closing your business forever. Successful business owners understand, anticipate, and mostly avoid financial problems, but they also know how to repair the damage when problems do occur. Insufficient or No Financing Cash for a business is like blood for the heart.  Without a constant flow, you’re in trouble.  Businesses need money continuously. Whether you use investors to raise money or obtain business loans, underestimating your cash needs is a critical. Determine how...

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How To Survive Current Economic Hard Times

»Posted by on Jul 27, 2011 in Business Growth, Coaching, Management, Personal Development, Sales & Marketing | 0 comments

If you are experiencing a significant downturn in business, remember: you win when you get up one time more than you get knocked down. To survive a difficult period, we need more than skills.  We need the capital, the time, and a plan.  Practically every successful business sprang from a plan that was created in response to uncertainty or difficult times. Today, uncertainty is all around us.  No matter how frightened you may be about the seriousness of your business problems, you are not alone.  You can pull out of your situation with such power and grace that your competition, your lenders, your...

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What Is Business Exit Planning?

»Posted by on Jul 26, 2011 in Business Growth, Exit Strategy, Management | 0 comments

There are two ways you could exit your business: voluntarily or involuntarily.  One way or the other, someday you will leave your business.  With good exit planning, either can be done profitably and with ease. I believe your first goal should be to decide if you wish to leave your business at all.   Many business owners prefer to work as long as they can.   Others want to work until they can just step aside and passively own a well-oiled, smooth running business, leaving day-to-day operations to others.   Either can be down with proper planning.  Preferably with plans that include the flexibility...

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Digging For Sales In A Vein of Pure Gold

»Posted by on Jul 21, 2011 in Business Growth, Sales & Marketing, Sales Training | 0 comments

Serving your current customers the way they should be served can be like digging in a vein of pure gold.  You have a source of new business right in your file cabinets or on your computer’s hard drive.  It is expensive to find new prospects and convert them to customers.  When times get hard, as they have been for the past three years, our natural inclination is to double our efforts to attract new customers.  There is nothing wrong with that, but there is an additional way to bring in new business in hard times that is much cheaper. Our files are loaded with people currently doing business with us,...

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Business 101: Sell, Sell, Sell!

»Posted by on Jul 14, 2011 in Business Growth, Sales & Marketing | 0 comments

Your job is not what you do.  It is selling what you do.  Your first focus in business is on your sales and marketing.  That will never change. If you can’t sell your product or service, you don’t have a sustainable business.  So pull out your business plan and start executing the marketing and sales plan you laid out when you started or bought your business. The days of customers walking in your front door or calling you on the telephone are gone or dwindling fast.  The business is going to those who ask for it.  If you don’t have time for sales and marketing, then you’re...

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Do You Have A Winner’s Brain?

»Posted by on Jul 12, 2011 in Book Review, Business Growth, Personal Development | 0 comments

Do you need a high IQ to be really successful in life? Not necessarily, say Harvard-trained brain experts Dr. Jeff Brown and Dr. Mark Fenske. In their exploration of the surprising science behind motivation, focus, and extraordinary achievement, they say the key to success really is all in your head. Contrary to popular belief, winning in life has little to do with your IQ, your circumstances, your financial resources, or even luck. But it has everything to do with creating a failure-resistant brain. Every time you think a thought, feel an emotion, or execute a behavior, your neuro-circuitry changes, and...

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