In this economy we have to learn to do more with less. We hear it every day. I hear it all the time from my clients and their employees. Let’s cut back; lean up; flatten; get rid of the fat; skim the excess and just do more with less. In good times, people, as well as businesses, swell. Their profits soar and so do their employee rosters the extras are easily justified.
However, when times are not so profitable when everywhere you turn doom and gloom is being broadcast one takes a look to see what can be removed. Removed from the budget; removed from the employee roster; removed period! Smart business people will take a hard look at their companies and make adjustments no more general snacks in the break room; cut back on the product range of drinks or cut them out period; reduce the amount of travel; ask employees to be mindful of paper use (miss-use) and general office supplies not handed out as plentiful as before. Those little things they add up over time.
Now the question is how to get more business with less expense is that possible?
To answer this question, a business owner must look at every part of their business: lead generation; conversion rate; number of transactions; average dollar sale; and margins (To get a FREE Assessment to review your business with our Business Coach, click HERE).
Examine each of these and ask tough questions in each area. Categorize your current client-base and figure out where the majority of your business is coming from.
Your good clients are the ones you truly want to focus on. Because they are the ones you want more from. Work on attracting more of them. Do more of what they want so you will have less of the time and money hogs.
"Doing more with less" is a concept that can net a more robust business in a down economy. It can give you a healthy, profitable business on the other side one that you are even happier to call your own.
Since 2008, ActionCOACH Jakarta believes in ethical business practices to earn your trust. We develop a team of empowered caring individuals to deliver quality service for you. We contribute to the community through business workshops and pro-bono coaching for non-profit organizations. Our team has been ranked one of the top firms in the world. Our coaches & clients have won awards for best community impact, best results, and coach of the year. Most of our partners have been inducted into the Global Hall of Fame by Brad Sugars himself. Our team of coaches have real business track records and inspire people through practical guidance.
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