The Best-Kept Secrets To Growing Your Business
By Peter Williamson
Feb 17, 2013
By now you know that when I offer tips about "growing" your business, it 's because I want you to have solid, applicable information that will help ensure that your company 's growth is steady, strong, and productive. It 's probably no accident that a company is sometimes called a "plant". And it 's no accident that Nature can be our teacher in terms of how to "grow" our business.
If we look at growing your business like growing a tree for instance, the process might look something like this:
* Seed: Idea
* Soil: Foundation
* Water: Investment
* Roots: System
* Trunk: Structure
* Branches: Sales Team
* Leaves: Customers
Interesting, isn 't it that customers - the very thing we generally focus on first, are actually the result of everything that comes before? Maybe it 's time to change your focus, for a moment, from customers to processes. Returning to the plant analogy, if the seed is rotten to begin with, it won 't root. If the soil is sandy and porous, it won 't hold water, if the water is scarce, the plant can 't grow, if the trunk is weak, the structure will collapse, if the branches break, leaves can 't grow, and if there are no leaves - there are no customers.
With that in mind, let 's turn now to business and look at warning signs that indicate that something or someone needs attention. Einstein stated that a problem cannot be fixed by the same process that created it, yet often
Satisfied customers can be the best advocates, which is why customers’ needs should be satisfied every time.
Customers want the business to produce quality products at reasonable price. You have different types of customers. There are different types of customers there are loyal ones, young ones, elderly, family or one-time customers.
two groups, the Tier One, or priority, customers and the Tier Two, or normal, customers. The CEO insists that to remain
* Building the right relationships with the right customers involves treating customers as assets that need to be managed and maximized
keep an existing customer than finding new ones. A major part of the customer service, especially in a retailing
Before a business transaction is conducted, most of the time, customers look to the Customer
Whether you're thinking of expanding your current offerings or starting a new business, it's helpful to start by sorting
Detail your plans are for expanding your business. What is your plan to grow your company?
Business growth typically entails purchasing additional land or acquiring other businesses, as well as issues like securing financing from
* Customers – Customers is external stakeholders for all organization or firm. Without any customers a company cannot be process. Customers have power to choose their necessary service and products. Seller and marketing cannot force customer to purchase product and service. Example, insurance customers have many choices when they need to purchase insurance. That mean consumers can buy insurance in different company like Tesco Bank, Lloyd Bank, HSBC and other company.
Back in the olden days, the success of an organisation was determined by the quality nature of products they provided their customers. It was believed that customers were ignorant and did not know exactly what they want and therefore accepted whatever was given them; thus the final decision rested on the producer or service provider. The case however, in today’s business environment is the reverse of the above mentioned. Due to technological advancements, increased competition and the fact that people have become more informed and knowledgeable, customers now determine exactly what
I have always believed customers are the focal point of any business. I found that having satisfied customers does not mean you are doing a good job. It may mean the customers are satisfied because their expectations are so low and there is no one else doing any better. Having
When a company grows it achieves economies of scale, it increases its market shares and thus wipes out competition. A company starts making more profits and can use these in constructive ways such as employing specialist workers and improving the variety and quality of products, by delving more into research and development. These are only some of the
Customers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Your customers judge your business by the people you hire to work for you. From the sales person behind the counter, to the cook in the kitchen, you must do your hiring with your customers in mind. In addition