Want to Grow Your Business? Here's our 7 tips.
Posted on 03 May 2024
In the face of current challenges, building your business might seem daunting. However, these 7 tips offer a ray of hope, showing that even in tough times, growth is possible. Discover actionable strategies to keep your business moving forward despite the odds.
One: Increase client retention rate. Keep current clients happy - it is easier to keep existing clients than it is to attract new ones.
Two: Increase leads generated. Drive more potential clients to your website, phone line, and premises.
Three: Increase prospect conversion. Follow up with those who’ve made enquiries, show interest, and build rapport - help prospects to buy from you.
Four: Increase transaction value. Upsell additional services or bigger volumes to your current clients or customers.
Five: Increase transaction frequency. Encourage clients or customers to buy more frequently.
Six: Reduce the cost of sales. Identify ways to save time and resources to make more sales - drive efficiency and variable cost reduction.
Seven: Reduce overheads. Review your business costs to identify fat that can be trimmed (not muscle). Our coaching programs are designed to help you develop the most practical and real ways for you to grow your business.
To find out more about the 7 ways to build your business, get in touch with us today, we can show you where to begin.
