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10 Tips for a Successful Business
Written by Adrian Caruso, CEO/Master Business Coach of TA Fastrack
- Write a business plan and stick to it – Always know where you want to go and how to get there.
- Remember the 80/20 rule – If 20% of your customers are producing 80% of your revenue, be sure you know who they are and treat them like kings.
- Stand out from the crowd – With a memorable business name and logo.
- Hire the best people you can – And pay them the most you can afford.
- Promote benefits, not features – In other words, be sure to tell your customers what’s in it for them.
- Stay image conscious – By maintaining a consistent look across all your printed material.
- Be your own Auditor – Write a budget, set your financial goals, and continually measure your progress.
- Increase your sales staff for free – Satisfied customers are your best source of referral advertising (and they won’t cost you a cent in commission).
- Go with the flow – Carefully manage your cash flow by conserving your capital and never committing cash until it is absolutely necessary.
And the most important tip of all…
- Make TA Fastrack your Business education partner. OK I put that one in.
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email, 07 3630 1298, http://www.tafastrack.com
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