For this post, I am assuming that you are starting from the position of a solo consultant who may sometimes work with other consultants. 1. Distinguish yourself from others If clients know that you are the expert in the area where they are facing challenges, they will feel more confident in your ability to carry
If you are going to expand a poultry business, you need a good business plan and a feasibility study, especially if you want to apply for funding. With a good business plan and a feasibility study showing a good outcome, it will also be possible to obtain a loan from a bank, or even investments.
So your business is not growing. What do you mean exactly? Is it that people are not buying from you and you want them to start buying? Is it that customers buy from you once and never return? Is it that you are not seeing any profit from the business? If you answered “Yes” to
For the past 4 weeks, we have been talking about business growth strategies. Prioritising your growth is one of the best ways to become a profitable business and to improve the chance of your business surviving in the long term. But how to grow when there is no money? Or when the money you have
As I said before, your business must first be successful before you can start thinking about growth. This means that after starting your business, your profits should be enough to cover all your costs and expenses. If that is not the case, you need to tackle that issue first before moving on to growth. Once
Last week, I spoke about the 4 basic business growth strategies. Today, I will be talking about 9 more advanced growth strategies. Small businesses can also use them, but it is advisable to achieve a certain level of professionalism and financial success before you attempt these strategies. 1. Go to trade shows The people who
Many times, people will tell me they want to grow their business when in fact, what they are saying is that they want to stop losing money. But as I said last week, your business must be successful before you can start thinking about growth. So if the challenge you are facing is lack of
Many of you have been asking me how to grow your business. First of all, it is important to determine what exactly you mean by business growth. Today I want to talk about the basics of business growth. In the coming weeks, I will share advice about the main types of business growth strategies, how
Today, I want to talk about how to do the best possible preparation for a loan application. You will need to have a good business plan and good financial records. You also need to know how much money the bank may be willing to lend to you. And you should be aware of the additional
It is normal for a business to lose 10 – 25% of their customers every year. If you are losing more than that, it is a wake-up call for you to take action. There are 5 main reasons why a customer will turn their back on your business: They no longer need your product or
Last week, I showed you some basic strategies to use to retain customers. If you have mastered the basic strategies, it is time to start using more advanced strategies for customer retention. These advanced strategies are also great if you have a bigger business. Reminder: your starting point needs to be excellent customer service Whether
The first question to ask yourself is whether you are selling the products and services that customers want. If not, they may buy 1 or 2 things from you and then never come back. If you are sure that you are selling what customers are looking for, then let’s start by talking about basic customer
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