Double Your Business: How to break through the barriers to by Lee Duncan

By Lee Duncan

Learn tips on how to pinpoint precisely what's preserving your online business again so that you can double your turnover and revenue inside 2 years or less.

 

This booklet permits small enterprise vendors to unencumber quick, dynamic progress. together with motion plans which assist you to beat the boundaries that could be protecting your enterprise again, and affected by case reviews all through, this booklet acts as a blue print for achievement, educating you the major ideas of a profitable high-performing business.

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Double Your Business: How to break through the barriers to higher growth, turnover and profit (Financial Times Series)

Easy methods to pinpoint precisely what's protecting your small business again so that you can double your turnover and revenue inside 2 years or much less.   This ebook permits small company vendors to unlock fast, dynamic development. together with motion plans which assist you to beat the boundaries that could be protecting your enterprise again, and suffering from case reviews all through, this e-book acts as a blue print for fulfillment, instructing you the major rules of a winning high-performing enterprise.

Additional info for Double Your Business: How to break through the barriers to higher growth, turnover and profit (Financial Times Series)

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Everybody has dreams of what they want their business to achieve, but only a few have the real belief in themselves to reach their goals. You must develop a positive mental attitude to keep your self-belief going strong. Steven Callahan was sailing solo when his yacht was badly damaged one night, causing him to abandon ship. He got safely off the boat and on to his life raft, then managed to survive alone at sea for 76 days. During this time, he ate raw fish he caught from the sea, seabirds he trapped on his life raft and drank only the water he could collect with survival techniques he learnt from a book taken from his damaged yacht before he had to abandon it.

5 Block out times in your diary for: ■■ your business growth actions – choose a time for this when you are at your sharpest mentally and alert ■■ other regular actions, such as staff meetings, financial reviews, etc. ■■ actions you need to do regularly but forget! 6 Deal with interruptions by training your team to store up questions and problems to bring to you at specific times each day or week. Growth Blueprint 3: Build your support network Running a small business can be a lonely activity. When your spouse or partner has no interest in the business, it is not uncommon to feel very isolated.

A review of unpaid invoices quickly got to the bottom of the issue. There was £120,000 sitting in the bank accounts of their customers, £80,000 of which was overdue, with much of it being owed for three months or more. The owners immediately set to work on collecting these debts. They hired a part-time bookkeeper to keep track of debtors and put in place a credit control system to chase people with phone calls and letters when payments were due. Within 3 months, the debts had been reduced to just £47,000, putting an extra £73,000 in the business’ bank account and taking it out of overdraft.

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