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Posts Tagged ‘simplicity’

What do you have to thank the recession for?

In Business Development and Infrastructure on November 16, 2009 at 6:00 am

As another year winds to an end, there is much to reflect on. The recession and economy has dictated adjustments be made. Some minor, some major. Instead of finding fault with the world and crawling under a rock, I thought it fitting to acknowledge some of the good that has come out of this year’s tumultuous journey.

What do I have to thank the recession for?

Valuable relationships. So much of social media today is focused on generating new clients and leads. The value in your business is not new leads. It’s in the relationships with existing clients. Existing clients are willing to sacrifice to keep your product or services. They adapt and make adjustments for you; especially if you’ve gone out of your way to truly value the relationship.

Clarity. There is nothing like a tight budget to keep you focused on the importance of efficiency. Knowing what to keep and what to part with. Knowing how to keep things simple, clear and concise. We’ve stayed true to our name and philosophy of “simplicity.”

Innovation. Thinking outside the box is not a cliché. It is imperative when money is tight, your clients’ needs change and your resources are limited. You have to know how to make changes and adjustments to your business without sacrificing your integrity. How you handle adversity speaks volumes.

Rejuvenation. “Knowledge is power” has never been truer. New knowledge, when applied, is rejuvenating. You almost always see immediate results. Knowledge also comes from a variety of sources: classes, books, magazines, blogs, the Internet etc.  It can also be as simple as a conversation with an elder, a coach, a mentor, a colleague or a friend. Never underestimate the value of good conversation and free information.

And you. My readers, followers, encouragers, connections, associates and friends; with all that you have dealt with this year, you continue to find value in my work and you support me with your counsel, comments, confidence and referrals. Thank you.

Now, please share with me what you have to thank the recession for? … Please post your comments below.

Submitted by A.Michelle Blakeley

Simplicity, Inc. |Because you don’t have time to waste.™ |866.927.5888 x1

Do you and your business need a radical and rapid transformation? Don’t wait, start NOW! … http://tinyurl.com/smallbizaudit

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How Do Small Business Owners Survive in an Unstable Economy?

In Business Development and Infrastructure on February 4, 2009 at 5:59 pm

Be sure your personal assets are protected: ensure your business is set-up properly and consider changing your form to an LLC or corporation. Consult a tax advisor and attorney.

Be conservative with your cash. Be mindful of your accounts receivables. Take deposits and partial payments up front. Actively collect on past due accounts and limit customer credit.

Be sure to focus marketing strategies and efforts on your niche market. Develop an aggressive marketing plan that includes maximizing referrals, existing client appreciation and valued products/services.

Be sure to limit and reduce unnecessary travel, re-evaluate the need for any unused office space and equipment, combine services to reduce rates and premiums on insurance plans, phone plans, etc. 

Be sure to review your business plan. Carefully evaluate and review your past, current and future business expectations. Is your plan accurate and relative to your niche market? Do you need to adjust your focus and direction?

Work Smarter, Not Harder

In Business Development and Infrastructure on February 2, 2009 at 6:17 pm

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So you have a great product or service and you love what you do, but business is slow and your client base hasn’t grown in months. What’s the plan?

If you feel like your business is stagnate and the economy is proving to be your worst enemy, work smarter, not harder. There are 5 steps to get you back on track and give your business the boost it needs to shift into drive and prosper!

* Organize with a written plan of action

* Determine and know your priorities

* Focus your resources on connecting with your niche market

* Implement functional ofifce systems

* Power Partner

If you want to discover how to implement time saving techniques and processes visit http://www.addinghourstoyourday.com/ or call us today at 916-287-1432 and ask about our business support packages.

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