Not making proper use of technology which could save time, effort and impact Business Profitability?
As a business owner, you have to look at ways to improve your Business Profitability. You have a fixed amount of time and energy within which you must maximize your profits. Technology can help you do this in the form of autoresponders, voicemail, wireless internet connections, speech recognition software, SMS from your computer and so on. All of these tools are widely available to us, and are designed to save time and effort. If implemented correctly they will definitely increase your Business Profitability. Each of us as business owners needs to continually look for ways to make our business processes more efficient by using inexpensive technology.
Often the problem is that we don't know what we don't know. Some wonderful tool might be available but we don't know it exists. For example have you thought about buying customers to increase your Business Profitability?
For more information on increasing your Business Profitability by buying customers click here Jerry Snyder SEO Consultant |
Tuesday, October 21, 2008
Technology and Business Profitability
Saturday, October 11, 2008
Computing business profitability
Computing business profitability
Caught up in the day to day details of running a business, many business owners and entrepreneurs overlook an important activity: Computing business profitability. Instead, they go along, not thinking about what's happening with their business finances, until there's a cash flow problem.
Never confuse profitability with cash flow.
But cash flow is not an indication of profitability. Depending on the time of year, companies that are profitable may have smaller bank balances. And companies who are losing money may have higher ones.
Computing business profitability can help you make more money. More money usually means business profitability. Try thinking outside the box. Are you spending a significant amount of time in low-return activities?
Haven't we all heard about this one! If you are spending the majority of your day completing tasks which are administrative in nature and/or which can be easily completed by other people then you are not putting yourself to best use. For most of us, the best value-adding activity we can be involved with is in bringing business in the door by building relationships, talking to prospective customers and promoting our business.
Think outside the box. Think about buying customers. If that isn't outside the box, I don't know what is!
For more information on increasing your Business Profitability by buying customers click here Jerry Snyder SEO Consultant |
Friday, October 10, 2008
Increase Your Business Profitability
The Best Way To Increase Your Business Profitability Are you spending large amounts on glossy, slick marketing materials and expecting business to pour in without any additional effort? Some folks think glossy brochures and slick marketing materials are a nice addition to more active forms of marketing such as meeting people, calling people and speaking to people. However, brochures and business cards, no matter how beautiful, do not replace direct contact. If you are spending money on flashy marketing materials in the place of marketing directly, your business profitability will suffer. Marketing materials are an expense, and to be sure they are working, you need to get some handle on the return on your investment. At the very least you should be tracking where new business is coming from so you can get an idea of whether your marketing materials are contributing to any new business you get. The best way to increase your business profitability is to think outside the box. For example have you thought of buying customers? Yes a very good way to increase business profitability is not to buy advertising, but to buy customers. For more information on increasing your Business Profitability by buying customers click here Jerry Snyder SEO Consultant |
Thursday, October 9, 2008
Business Profitability
Business Profitability
When it comes to computing business profitability, one thing that I have found that highly impacts your business profitability is your willingness to ask for the sale.
A lot of us have the mind set that if we directly ask some one to buy, were being pushy or obnoxious. I can tell you right now if you have that mind set, your business profitability will suffer big time.
This is YOUR business, without sales you have no business profitability. Zero sales equals zero profit.
One way to overcome this mindset is to practice asking for the sale in language that you are comfortable with (not too wishy-washy please). Write down what you want to say first, then practice it over and over. There is also plenty of stuff out there on handling objections. Prepare your responses to the most common objections so you are well armed before you speak with your prospective customers.
Another way to overcome this challenge and improve your Business Profitability is to just buy customers.
Some times you need to think outside the box. For example ….. have you ever considered buying customers to increase your Business Profitability? It works and it works every time.
For more information on increasing your Business Profitability by buying customers click here Jerry Snyder SEO Consultant |
Wednesday, October 8, 2008
Business Profitability
Business Profitability
I have found there is a big difference in Business Profitability when talking about a traditional business as opposed to a home based business. So lets talk Business Profitability for a home based business.
With the economy in the shape it is, doesn't matter where you are in the world, the need for Business Profitability has never been greater.
So many home based business owners work hard - really hard - just to break even or keep afloat. Each one of us deserves reward for our efforts, whether that be financial or personal. The question to ask yourself is whether you are directing your effort in the right places, to get the reward you want? How is your Business Profitability?
Of the businesses I've seen and worked in, there are plenty of ways to mis-spend effort - that is, to work hard - but on the wrong things. This in its self can impact your Business Profitability
For example how are you doing with your marketing? Once you have committed to owning and running a business you must be equally committed to marketing and selling the products and services of that business. To show Business Profitability you must treat your home based business, like a business. It is difficult, if not impossible, to stay and remain profitable without a commitment to ongoing concerted marketing.
To get more out of your marketing, to get Business Profitability create a simple marketing plan that includes marketing activity every day, every week and every month.
This isn't as difficult as some would make you believe. Marketing plans combine formal activities (such as advertising, promotions and writing) with informal activities (such as making new contacts) . Don't underestimate the power of talking to people about what you do. Use every opportunity, every time, and when you do you will see your Business Profitability soar.
Some times you need to think outside the box. For example ….. have you ever considered buying customers to increase your Business Profitability? It works and it works every time.
For more information on increasing your Business Profitability by buying customers click here
Jerry Snyder SEO Consultant |