Posts Tagged:increasing small business cash flow

4 Ways To Quickly Increase Your Prices

Many business owners feel all their problems would be solved if they could just increase their prices. Unfortunately, some of them have trained their customers to always ask for discounts whenever they buy, so it can be very difficult to break this cycle. But the thing is, the customers who are screwing you down on…

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How To Laser Target Your Offers With Customer Segmenting

Even if you’ve followed our recommendations from Step 3 and you’re only attracting highly targeted prospects, not every one of those people are going to want the same things at the same time. That’s why it’s important to segment your prospects even further so your marketing messages are tightly related to solving the problems they…

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Why You Should Target And Attract Only Your Ideal Customers

Now we’ve had some quick “wins” by running promotions to your existing prospects and customers, and adding more products and distribution channels, it’s time to look at how you attract more people who are just like those happy customers you already have. The idea is to work out how to attract only people who are…

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Leverage Your Overlooked Assets & Under-Utilised Opportunities

The next step in growing your business is to sit down with a pad and paper, run through your enterprise carefully, and look for any overlooked assets or under-utilised opportunities you could immediately take advantage of. When you’ve identified them, you can decide whether you’d like to put them to work more effectively, or sell…

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Grow Your Product Inventory And Distribution Network

The second step in growing your business is to expand your product range and distribution network by forming strategic alliances with businesses that have a similar customer profile to your own. As Bill Gates famously said: Our success has really been based on partnerships from the beginning. Microsoft’s bundling of software with computers using licensing…

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How To Quickly Increase Sales Using Profitable Promotions

One of the easiest ways to grow your business is by creating a marketing calendar for the next 3, 6 or 12 months, and then sending regular offers to your prospects and customers using email. Watch this 60 Second overview of this strategy before you continue: Step By Step Instructions Now I quite often hear…

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Understanding Business Cash Flow

Somebody once said to me profit is just a matter of opinion, it’s something your accountant puts together for you when they put your financials together but cash is real, cash is king! I totally believe cash is the lifeblood of your business and understanding how cash flows through your business is one of those…

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Must-Do Tasks For Business Owners

Its (EOFY) time, here is a List of must-do tasks for Business Owners. The end of the financial year is always an opportunist time to reflect on the year gone, look at the scoreboard and strategies for the year/time ahead. Regardless of what you do, if you do it honestly, then you will have more clarity…

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Tips For Collecting Overdue Debt

  It is undoubtedly a fact that a business needs cash to continue its operation. Your customers’ non-payment of debts due to refusal, delay or forgetfulness, may lead you into financial difficulties of your own! Collection of debt is one of the important elements of cash flow management that is often underachieved by businesses. In…

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A Website – Your Businesses Online Shopfront

There was a time when running your own business website was optional, but these days, having an effective website is as important as having a phone number! Website Functions The Internet is used all around the world which means your website is a global gateway where you can promote your business to many customers at…

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