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  • Other Added - Are You Stunting Your Business Growth? (First Article Of 2)

    9 Reasons Why Businesses Fail
    Starting a business from scratch is not easy. In fact, over 50% of small businesses fail in the first year and 95% fail within the first five years. Why? What goes wrong?. Below are the common pitfalls to be aware of and plan to avoid.Poor marketing: Successful businesses are ones that understand and meet the requirements of their customers, you must know who your client is. Learn the basics of marketing and make sure tha
    ctors and owners are too close to the business and day to day work so can't step back as easily as they might like to.

    That means problems get left to one side. There they fester and eat away at growth and profits.

    Whenever I go into a business I always find areas that a business can grow profitably. Equally I can see where the business has unreasonable costs or poorly performing people.

    Like almost anyone who goes into companies as a consultant you can find a sales approach, operational process, marketing strategy, product, service or customer type that can eit

    The Importance of Personal Background Checks
    The purpose of personal background checks is to get a feel for the applicant’s character. Personal and professional references are a good starting point, however, experts in the investigative field caution employers on using this method solely. Prospective employees are obviously going to give references of people whom they trust will provide a good character reference for them. Those references may not necessarily be fabricating
    If a company is bumping along with the same profits year after year it often lacks one or more of:

    • strategic growth plan
    • marketing plan
    • appropriate sales approach
    • project scheduling
    • monitored customer service
    • Unplanned operational processes
    Missing just one of these leads to wasted effort for the whole company. Sometimes with costs that are hidden by "just doing business."

    For example, think of Mr. Smith ringing to report a problem with the tap on his bathroom suite...

    XYZ Customer Service Agent (XYZ CSA): "Hello The Sunny Bathroom Company.How may I help you?"

    Mr Smith: "Ah, good morning. I bought one of your Kon-Tiki bathroom suites and you installed it for me last week. Unfortunately one of the taps doesn't work and we didn't realise until your plumber left and we couldn't get hold of him to ask him to come back."

    XYZ CSA: "Oh that's a shame. Unfortunately I don't do the scheduling for the plumber so I've no idea when he can get back to sort it out for you. I'll ring his department and find out a time and ring you back?"

    Mr Smith: "Great thanks"

    XYZ CSA then puts the phone down and starts to note the request. Another call comes through XYZ takes the call and then forgets to finish the note.

    The next morning ....

    ABC CSA: "Hello The Sunny Bathroom Company.How may I help you?"

    Mr Smith: "I rang yesterday about getting a plumber to sort my tap out."

    ABC CSA: "Oh. There's nothing here about that. Just give me your details..."

    And of course this ties up another employee on the same problem. And is a hidden cost. Plus the customer is annoyed that he's been forgotten and is likely to tell others of his misfortune. These are all hidden effects of poor customer service.

    How You Can Find Out How To Grow Your Business

    Use a fresh pair of eyes. Get an outside consultant to come in and go through it.

    Often the directors and owners are too close to the business and day to day work so can't step back as easily as they might like to.

    That means problems get left to one side. There they fester and eat away at growth and profits.

    Whenever I go into a business I always find areas that a business can grow profitably. Equally I can see where the business has unreasonable costs or poorly performing people.

    Like almost anyone who goes into companies as a consultant you can find a sales approach, operational process, marketing strategy, product, service or customer type that can eith

    Taking a Page From Full Service
    In addition to working with, and speaking to, a number of quick-serve and fast-casual chains, I’m also fortunate enough to work with many full-service chains. While the interactions and experiences are longer than in our environment, perhaps there are a few things we can learn from our industry counterparts.Cornell’s School of Hospitality published a study back in April which provided 14 actions servers could do that a
    Customer Service Agent (XYZ CSA): "Hello The Sunny Bathroom Company.How may I help you?"

    Mr Smith: "Ah, good morning. I bought one of your Kon-Tiki bathroom suites and you installed it for me last week. Unfortunately one of the taps doesn't work and we didn't realise until your plumber left and we couldn't get hold of him to ask him to come back."

    XYZ CSA: "Oh that's a shame. Unfortunately I don't do the scheduling for the plumber so I've no idea when he can get back to sort it out for you. I'll ring his department and find out a time and ring you back?"

    Mr Smith: "Great thanks"

    XYZ CSA then puts the phone down and starts to note the request. Another call comes through XYZ takes the call and then forgets to finish the note.

    The next morning ....

    ABC CSA: "Hello The Sunny Bathroom Company.How may I help you?"

    Mr Smith: "I rang yesterday about getting a plumber to sort my tap out."

    ABC CSA: "Oh. There's nothing here about that. Just give me your details..."

    And of course this ties up another employee on the same problem. And is a hidden cost. Plus the customer is annoyed that he's been forgotten and is likely to tell others of his misfortune. These are all hidden effects of poor customer service.

    How You Can Find Out How To Grow Your Business

    Use a fresh pair of eyes. Get an outside consultant to come in and go through it.

    Often the directors and owners are too close to the business and day to day work so can't step back as easily as they might like to.

    That means problems get left to one side. There they fester and eat away at growth and profits.

    Whenever I go into a business I always find areas that a business can grow profitably. Equally I can see where the business has unreasonable costs or poorly performing people.

    Like almost anyone who goes into companies as a consultant you can find a sales approach, operational process, marketing strategy, product, service or customer type that can eit

    Vending Machines For Sale - The Best Place to Start
    Are you looking for vending machines for sale? You are aware that advertisements about vending machines are not like any other ads that you might normally find anywhere. Even in classified ads, are rare. Nevertheless, there are great opportunities for you if you are willing to use the internet to find a vending machine for sale.Some of the online businesses that sell vending machines have an established record in business
    t it out for you. I'll ring his department and find out a time and ring you back?"

    Mr Smith: "Great thanks"

    XYZ CSA then puts the phone down and starts to note the request. Another call comes through XYZ takes the call and then forgets to finish the note.

    The next morning ....

    ABC CSA: "Hello The Sunny Bathroom Company.How may I help you?"

    Mr Smith: "I rang yesterday about getting a plumber to sort my tap out."

    ABC CSA: "Oh. There's nothing here about that. Just give me your details..."

    And of course this ties up another employee on the same problem. And is a hidden cost. Plus the customer is annoyed that he's been forgotten and is likely to tell others of his misfortune. These are all hidden effects of poor customer service.

    How You Can Find Out How To Grow Your Business

    Use a fresh pair of eyes. Get an outside consultant to come in and go through it.

    Often the directors and owners are too close to the business and day to day work so can't step back as easily as they might like to.

    That means problems get left to one side. There they fester and eat away at growth and profits.

    Whenever I go into a business I always find areas that a business can grow profitably. Equally I can see where the business has unreasonable costs or poorly performing people.

    Like almost anyone who goes into companies as a consultant you can find a sales approach, operational process, marketing strategy, product, service or customer type that can eit

    Chess Sets, Creating and Marketing a Genuine Brand
    What do you mean by a 'brand'? It's no secret that most fine chess sets are made by artisans in India. They are nicely weighted, beautifully designed and look/feel great. Some manufacturers are better than others, and quality is an ever present issue to grapple with on an ongoing basis. But good quality can be had - and there are a number of stores, physical and online, that market excellent quality chess sets for good price
    ort my tap out."

    ABC CSA: "Oh. There's nothing here about that. Just give me your details..."

    And of course this ties up another employee on the same problem. And is a hidden cost. Plus the customer is annoyed that he's been forgotten and is likely to tell others of his misfortune. These are all hidden effects of poor customer service.

    How You Can Find Out How To Grow Your Business

    Use a fresh pair of eyes. Get an outside consultant to come in and go through it.

    Often the directors and owners are too close to the business and day to day work so can't step back as easily as they might like to.

    That means problems get left to one side. There they fester and eat away at growth and profits.

    Whenever I go into a business I always find areas that a business can grow profitably. Equally I can see where the business has unreasonable costs or poorly performing people.

    Like almost anyone who goes into companies as a consultant you can find a sales approach, operational process, marketing strategy, product, service or customer type that can eit

    Which is Better Digital or Offset Printing?
    As technology continues to improve, the quality of digital prints also improves. Technology advancements have also made it easier for more and more businesses to enter the printing industry. Good digital printers cost a few thousands dollars…good offset printing presses may cost a few million dollars.For those companies interested in conveying the best possible image at all times, it is important to evaluate which printi
    ctors and owners are too close to the business and day to day work so can't step back as easily as they might like to.

    That means problems get left to one side. There they fester and eat away at growth and profits.

    Whenever I go into a business I always find areas that a business can grow profitably. Equally I can see where the business has unreasonable costs or poorly performing people.

    Like almost anyone who goes into companies as a consultant you can find a sales approach, operational process, marketing strategy, product, service or customer type that can either be improved or needs removing.

    The reason any consultant who goes into businesses can identify problem areas or those with potential is not because we're better than the owners or directors. It's because we come with objective judgment and our analysis is based on knowledge of other companies we've been in.

    The other thing is that a consultant can report hard truths that must be faced without having to dress them up. In the next article I'll look at which fresh pair of eyes you should get into your business and why.

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