Whether you have plans to expand a business or you’re starting up a new venture, there is generally a time when a cash injection is required to help boost the business and increase profits.
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Topics: growing your business, small business owner, increase profit, restaurants, hospitality, strategy, small business, build business networks, increase sales, business needs, networking, customer loyalty, trade dollars, marketing
Bartercard is a platform wherein businesses can barter trade their goods and services using trade dollars. Joining this immense online marketplace offers numerous benefits for a business owner just like you. It aids your business by turning your excess inventory, spare downtime, and vacant seats into additional sales—expanding your business and profits.
Read MoreTopics: business strategies, growing your business, small business owner, attracting new customers, strategy, market research
Being a small business owner is an enormous task. Much of the operational responsibilities of your business rest on your own shoulders. With so much on your plate, it’s no wonder that business owners often fall into habits that may not always be healthy for their business.
Read MoreTopics: small business owner, bartercard, strategy, starting up your business, small business, business start-up, save cash, business needs, trade dollars, marketing
Research shows conclusively that your existing customers are your best chance at increasing your overall sales. Closing a deal with a potential new customer is tricky and doesn’t actually happen all that often—even if your sales team are virtuosos of the craft. Statistically speaking, you’re much more likely to find success selling additional products and services. That’s where upselling and cross-selling come in. Unfortunately, people hear a lot about these kinds of tactics, and it’s easy for them to switch off if you take a poor approach. What exactly are these tactics, and how can you employ them effectively?
Read MoreTopics: strategy, buyer demand, expand your product line, small business, attract new customers, branding, unrealised potential, increase sales, business needs, customer loyalty
Being in business usually means opening your doors to everyone, welcoming them in, building relationships and ultimately agreeing to do business together. Sounds simple, right? It can and should be. However, there are situations that can test you and one of the big tests is being able to say ‘No’ when you need to.
Read MoreTopics: bartercard, strategy, small business, business blog, unrealised potential, business needs
Building a business into a stable, profitable enterprise takes an enormous amount of time, effort, investment, and resources. For that reason, it probably comes as no surprise that many business owners become very cautious about making major changes once they do achieve such stability and profitability. Unfortunately, those instincts can get in the way of their business’ continued growth and long-term success.
Read MoreTopics: growing your business, increase profit, strategy, small business, attract new customers, increase sales, business needs
Online Reputational Management (ORM) is vital to any business. One poor Google review or post (whether justified or not) can have a significant impact on your business. With social media such a popular channel for people airing their views, you could have a serious problem if that one person with a negative experience of your brand happens to have thousands of followers.
Read MoreTopics: business strategies, strategy, branding, social media influencers
Lifetime Dynamics is a consultancy business based in Melbourne, Australia. With over 25 years’ experience, owner and founder Robert Borg is a business strategist who provides direction, guidance, motivation, and results. Whether it’s your career, sales, business or your own personal journey you need advice on Borg and Lifetime Dynamics have a proven record of success.
Read MoreTopics: strategy, small business, attract new customers, save cash, spare capacity, build business networks, goals
It happens to all of us – you’re making progress on a project, learning something new, or perhaps keeping with exercise or a diet, and then things start to go sideways. Your motivation gradually fades as the year progresses until your progress has come to a halt and then goals have been shelved. With autumn looming, now is the time to reassess your goals and ensure you’re taking the necessary steps to create good discipline habits that will allow you to succeed. Be they business or pleasure, persistence is the most important quality. After all, all your hard work to date will have been for nothing if you quit now!
Read MoreTopics: growing your business, small business owner, strategy, small business, motivation, goals
We don’t always like to think too far ahead. Long term business growth strategies might not be a priority, nor might it be something we particularly enjoy thinking about, but certain outcomes are inevitable in everyone’s life. In short, you won’t run your business forever.
Read MoreTopics: business strategies, growing your business, small business owner, strategy, small business, trade exchange, succession planning
