Business Tips 1-7

Business Tips

1) Customer first

Celebrate your customers and align any growth plan around protecting your existing relationships. Sustainable business growth depends on keeping your customers happy,just as it did when you started your business .

2. Revisits your margins (profit)

Are your prices and profit optimized? Gain a solid understanding of what your business offers relative to your competition.  The more unique  or advantageous your products and services, the greater their value. Make sure your prices and profits reflect the market, th value your company provides and your overall business plan.

3. Why does email marketing stand out?

Email is more personal than most types of marketing. Thing of its as a conversation between your company and an individual customer. Your primary task is to convey useful information. Be brief and concise. When you provide useful contents to your prospects and customers you build trust , awareness of your products  and services, and strength your band.

4. Manage your cash flow

Insufficient cash flow is one of the key reasons business fail. To manage your cash flow,set up a forecast for day-to-day expenses. Things like rent, utilities,lease payment ,payroll ,supplies, etc. The more variable your sales and revenue, the more frequently you should update your forecast. When you’re in the enviable position of surplus cash, use your forecast to help determine the most effective way to invest it.

5. Offer a Beneficial Difference.

Your customers are living in the same economy as your business. Both sides of the sale are looking  for opportunities to get more for less and taking extra care when making investments. The technology you employ can be great differentiator for your business . Make the most of it.

6. Make it quick

The majority of cell phone owners text,and new smartphones make texting easier than ever . Most text messages are read within 15 minutes and generate response within an hour. Texting is a useful alternative  to email for short,targeted messages that get immediate attention action.

7 Define your goals.

Goals are either strategic or tactical .Long range , strategic goals like improving customer satisfaction are never finished, where as shorter term,tactical goals like sending a “thank you” note to customers after orders are delivered, can be marked as complete once a process for its implemented.consider both long range strategies and short term tactics when settings personal and company goals.