Sunday, November 24, 2013

DOUBLE YOUR BUSINESS INCOME

Want more income for your business? Sure, who doesn't? Well then, why not make it happen.


Hey, you can actually do this. Others have and so can you. The trick is to correctly exercise one or more of the following options.


What DOUBLING takes is some combination of one or more of these six options. Allow me to explain a bit. READ ON...

You can INCREASE YOUR PRODUCTIVITY – This means that by becoming better at organizing and managing your time, you can spend more time on your Top Money Making Activities and, therefore, sell more of your goods, products or services. And make more money. 

You can EXPAND YOUR CAPACITY – This means you can hire people to help you, therefore multiplying your money making efforts through the contribution of other people. With more people working to make more money for the business, the business can make more money.

You can ACQUIRE, MERGE OR DIVEST – This means you can obtain another business like that one you have now and make it your own. Or you can join together with someone who has a similar business and benefit by the synergy you create. Or you can separate off a part of your business that consumes resources but produces little income. Any and all of these options can help you generate more cash money for your business.

You can REVISE YOUR OFFERINGS – This means offering for sale things possibly in addition to what you offer at present - things that are easier to sell, or that have more profit in them, or some combination of both. This also can mean dumping things that don’t sell, are hard to sell, or have little profit in them.

You can ADJUST YOUR PRICING – This means either raising your prices or lowering your prices on a select few things you offer or perhaps everything. This option is the easiest to implement and the fastest to test. 

You can MARKET AND SELL BETTER – This means making corrections or revisions to how your present your goods, products and services to your audience of best potential buyers. You probably spend time doing some of this already as part of your normal routine.

And there you have it. All the business owners it has been my privilege to know who have doubled their business income - some more than once - have utilized these options in one way or another to get richer quicker. That’s absolutely splendid. For each of them, the results were more than they expected. It has been great fun for me to have played a small part in their success. I look forward to more such opportunities, perhaps working with you.

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