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Heating Up Cold Calls: 21 Tools for Tremendous Telephone Techniques
OK, let's heat up the cold-calling debate. Is everyone a salesman? Yes! Do most people have to make cold calls at some point? Yes! Do most people hate to make cold calls? Yes! So, you have two choices; either hire someone (a professional...
Home Business Success - 5 Things You Can You Learn from Your (Ex) Boss
In the past, everyone could take pride in working for large, multinational companies. The current trend of downsizing and outsourcing, however, has brought major changes in the employment landscape. One thing for sure, as job security becomes a...
TEN REASONS WHY MOST PEOPLE DO NOT ACHIEVE FINANCIAL SUCCESS
Reason One: Lack of knowledge: or more specifically, a lack of a desire to gain knowledge. Make the effort to read to read about financial matters and you will learn. make your money work for you by using the magic of compound interest a t 7%...
The Key to High Productivity is Energy Management
One of the issues most often raised by my clients is better time management. People have tried prioritizing tasks, blocking out parts of their day for certain tasks, implementing new systems and getting better at delegation. While all of those...
Tortoise or hare? Get Rich Slow or Fast
Which of the two do you like better? In terms of making it to the top, which way would you rather choose? Get rich slow? Or get rich fast?
We move in a very fast world. We could get most anything in an instant. Who would not want to get rich...
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Nine Steps To Stabilize Your Business During The War Of The New Millennium
The atmosphere is one of uncertainty and fear. Emotions are surfacing and we view life in a different way than we did a very short time ago. One of the problems is that too many people are focusing on the war and its negative effects even though the war of the new millennium is a reality and we don't know how it will end. We can't stop living because of it.
In spite of these catastrophic events, you could still have a fatal accident. You could still become terribly ill. It’s still possible that you could experience sudden death. Even though these are true possibilities, we don't focus on them. Our lives don't revolve around these thoughts, or we would cease to function.
You as a businessperson can do your duty by running your business to the best of your ability and contributing to the growth of our hurting economy. Doing so builds strength of character and helps you increase your ability to cope with difficult situations.
Though this article will provide you with several tips to help optimize your business during times of war, you can also come up with your own ideas.
1. Stay positive. A negative attitude results in negative actions. If we have no control over the situation, then what's the use of worrying about it? Distract yourself by coming up with new ideas to increase your business.
2. When conducting business, keep strong opinions and emotions about the war to yourself. You may be offending one of your customers, suppliers, or employees because they may view the situation differently. Talking about current events may be unavoidable. I suggest this topic be approached with caution. Control your emotions.
3. Create an emergency fund. During military action or bad news, sales tend to slow down for a short period of time. Your emergency fund will help you through these times. You can easily start building this fund by transferring a percentage of every sale you make into it.
4. Collect any overdue revenues owed to your business. Send out overdue notices, reminders, or make some polite personal calls. This will help stabilize
your cash flow.
5. Stock up on products and supplies that your business depends upon, especially if you rely on international items. You may encounter delays or difficulties in receiving these products.
6. Take time to do some cost cutting. Focus on areas where money is being spent unproductively.
7. This is a good time to liquidate all non-profitable assets. This may consist of stock, equipment, furniture, etc. Have a sale to eliminate your unwanted stock and place classified ads to sell off your non-profitable assets.
8. When times change, people’s attitudes change. Look for ideas that can help cater to your customers needs during this time. Think of an idea that will benefit your customers and strengthen your business. For example, security is on everyone's mind. Can you provide your customers with a security-related product that is associated with your business? Can you provide extra precautions at your establishment that will make your customers feel safer? The ideas are endless. Take some time to think of a few.
9. Keep an amount of cash on hand in case of a network breakdown and you are unable to use a banking machine. This doesn’t have to be a large amount, just enough to get you by until the problem is resolved. These tips will help you stabilize and strengthen your business during these changing times.
These tips will help you stabilize and strengthen your business during these changing times. Always keep in mind that you have to move ahead and take it one day at a time. Focus on the positive, and remember that we are all a lot stronger than we think! To assist you in implementing the concepts in this article I have provided you with a Excel Worksheet Absolutely Free. Visit http://www.atouchofbusiness.com/waro/free.html
About the Author
Acey Gaspard operates A Touch of Bussiness.com, dedicated to providing you with informative business products to keep your business working at its peak performance. Visit today and sign up for a monthly FREE newsletter that will provide tips to help optimize your business.
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