Vision
 

(2 Topics)

 

1.         Four Ways To Grow Your Business
It may sound a little simplistic, but there are really only 4 fundamental ways to successfully grow your business-in other words make it more valuable:

  1. Increase the number of customers of the type you want to have

  2. Increase the number of times customers come back

  3. Increase the average value of each sale

  4. Increase the effectiveness of each process in the business

This topic looks at some of the key strategies within each of these 4 ways that you can use to make your business more valuable. It also looks at how they should be used synergistically in order to capture the greatest value and not miss out on opportunities to grow the business.

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2.         Working ON Rather Than IN Your Business


Most businesses fail or never reach their full potential because their owners spend too much time doing the work that the business does, rather than managing and growing it. Working ON rather than IN your business is the difference between your business just providing you with a job versus helping you attain your personal goals. Are you working IN your business, in the midst of it all and trying to handle it all and be all things to everybody?

An important step to breaking this cycle and start working ON your business is to simply develop systems for everything. This topic will help you to see your business as a series of processes so that you can create a "the way we do it here" manual. This means developing systems, processes, documentation and team member training to ensure your business runs smoothly, consistently, and most importantly, without you.

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