Its Wise Up Wednesday! 10 Top Tips For 2014
It’s 2014 and whilst things might be looking up, we need to stay focused on doing the right things in our business, because the future isn’t certain, with no-one truly knowing what is round the corner.
These past few years have been anything but plain sailing for Specialist Contractors in the construction industry, and that’s why we have put together our Streetwise Wise Up Wednesday Guides to give you a quick burst of stuff that will help you in your business life.
Sometimes quirky, sometimes hard hitting, but always guaranteed to make you think and take no more than 2 minutes to read.
10 Top Tips For 2014
Whether you’re a one-person operation or 100 employee company, Specialist Contracting can be a tough business.
So, whatever you can do to make life easier by making your business run better is worth taking a look at and these 10 top tips should help you focus on the areas of business offering the biggest gain.
1. Keep Score: It’s amazing how few businesses have any idea of the daily, weekly, and monthly numbers and financial trends in the organization. So tip number one has to be spend the necessary time getting to know your numbers.
2. Set Goals: Like keeping score, goals and and objectives form an essential part of business success.
3. Use High Impact Marketing: It’s easy to waste money on ineffective marketing. Learn how to use low cost and no cost techniques to improve your business.
4.Master Business Presentations: A powerful business presentation can help improve your business by leaps and bounds. Learning the essentials can reap many rewards.
5. Monitor Trends: No business operates in a vacuum. The events and changes in the global construction landscape have an effect on your business. Stay current.
6. Sharpen Selling Skills: A high return area for business improvement is the sales function. Make sure you have the right skills.
7. Find Best Practice: Every industry has its own ways of doing things that are tried and tested. Avoid wasting money and time reinventing the wheel, but make sure you only accept and emulate best practice.
8. Motivate Staff: Talented and motivated staff members can bring on big improvements in business. Learn what motivates your team to achieve higher levels of performance.
9. Know Your Limits: Every successful business owner, even Bill Gates, has a clear idea of their limitations. By knowing your strengths you can manage your resources effectively and find help in areas of weakness.
10. Take a Break: Running a business is hard work. Sometimes the best way to improve your business and re-ignite your passion is to take time off to relax!
I hope you enjoyed this Wise Up Wednesday and that it gave you some food for thought, and if you need any help with any of the above please don’t hesitate to pick up the phone and give us a call.
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