I recently drove by a business that had a sign out front that read
"Closed due to illness".
This meant that the cash flow would stop until the owner was able to return to work.
Even worse, the business would not be able to generate revenue for the owner when it was most needed.
Take the following steps today to ensure that your business will still be working when you are not able to.
1. AUTOMATE YOUR BUSINESS:
Automate as much as you can in your business so that you can not only make money while you sleep,
but also when you are sick and can't operate the business.
You can automate follow-ups using autoresponders,
and the sales process using a shopping cart.
Think of other areas of your business that are vital
to its success, and automate the processes if you can.
2. CREATE SYSTEMS:
Think about your daily routines in your business.
Which routines are vital to the success of your business?
Turn these routines into systems by documenting the steps
necessary to complete them.
Create binders for your systems so that your assistant
or partner can complete certain projects in your absence
using the steps in the binders.
3. PLAN AHEAD NOW:
Will you hire an assistant or temporary manager to
operate your business in your absence?
Then do the research now to make it possible.
Write down all the attributes you want for your assistant.
What duties will they perform during your absence?
What resources will be available to them to carry out
their duties?
Choose your assistant now so they will be prepared
to come aboard when you need them to.
You don't have to hire them now, but make it easy
on yourself by already having someone ready to help you
operate your business when you are not able to.
Let this person know what your goals are and give
them a binder containing your standard operating
procedures and the resources for them to complete
their duties.
4. CREATE MULTIPLE STREAMS OF INCOME:
If you are the only one able to operate your business,
you definitely need to ensure that your cash flow will
not stop when you have to stop working.
Create infoproducts now to generate more revenue
for your business.
If you are not able to physically generate revenue for
your business, your infoproducts will be able to.
Automate the sales process so that you don't
have to worry about the cash flow when you are
not present.
Cash flow may be the lifeblood of a business, but make
sure it doesn't stop flowing when you are not able
to operate your business.
Copyright 2004 Black Unicorn Communications, Inc.
All Rights Reserved.
Black Unicorn Communications helps
Independent Service Professionals
attract more clients in less time.
Visit www.blackunicorninc.com
for a FREE Business Success Toolkit.
A simple answer to that is: Yes, Marketing Miracles happen!... Read More
It is often difficult to manage to do marketing tasks... Read More
A brochure can be a wonderful promotional tool for a... Read More
In previous articles, we discussed the generation of a contact... Read More
One key discipline of successful direct marketing has been to... Read More
To help promote your small business or professional practice, consider... Read More
Postcards are perhaps the least expensive way of reaching a... Read More
Every direct mail package you drop in the mail should... Read More
If you want to uncover a little secret about how... Read More
"Get your positioning and your programs implemented properly, and the... Read More
Bob called last week from Phoenix, Arizona with some stunning... Read More
Lost & Found for the 21st CenturyHere in the 21st... Read More
Advertising on the radio can be an effective lead generation... Read More
When it comes to your marketing message, the little things... Read More
As Freud cautioned, it's insanity to keep doing the same... Read More
One of the biggest mistakes we could make as business... Read More
Do sales come from your ezine regularly? How many well-written... Read More
Successful direct mail packages contain three things: an attractive offer,... Read More
Email CampaignsEmail marketing can be a tremendously valuable tool for... Read More
Business cards and greeting cards almost go hand in hand... Read More
There isn't a day that goes by that I don't... Read More
IntroductionMany businesses and organisations have a perception that marketing means... Read More
"Price gouging" is an emotional, inflammatory term. Everyone is against... Read More
There are many ways to reach out and find the... Read More
You muted the commercials on the TV last night because... Read More
People attend trade shows because they are in a specific... Read More
The Marketing Plan section of the business plan demonstrates how... Read More
As a small business how do you compete with the... Read More
In the following 'special report,' I will reveal some very... Read More
Telemarketing has its place in the marketing arsenal. But telespammers... Read More
Loyalty marketing has been around for as long as retailing... Read More
Your marketing materials must grab your prospect's attention long enough... Read More
So many of you have been telling us that you're... Read More
To capture a larger market share and be viable, sustainable... Read More
It's not unusual for entrepreneurs to find the whole idea... Read More
It's where your employees are in a 'special place' when... Read More
The writing of good classified ads truly is an art... Read More
Rule Number One when writing marketing materials is "Know Your... Read More
This past weekend I received a disturbing message from a... Read More
When you put time or money into any marketing plan,... Read More
Marketing calendars are used by many businesses to help keep... Read More
Part #26) Food safety is becoming paramount.What this means to... Read More
Having a downline can be golden. A downline is a... Read More
Whether you're a contractor a local merchant with 150 employees,... Read More
Each year, the Super Bowl provides marketers opportunity to study... Read More
Besides a survey, your contact list can be used to... Read More
GETTING INTO MARKETING MOMENTUM: The 5 Power Principles for Getting... Read More
Donors will stop responding to your fundraising letter appeals for... Read More
Being inconsistent when it comes to marketing your business can... Read More
Every now and then I will meet someone who has... Read More
Under normal circumstances, you'd shout it from the rooftops. After... Read More
Direct mail is a cost-effective way to make sales and... Read More
The good news is that there are thousands of people... Read More
A lot of small businesses make the mistake of thinking... Read More
Do you think you don't have enough time to market?... Read More
Which product feature of yours is every buyer keen to... Read More
In Part 1 of this article, "Resistances to Marketing a... Read More
"I know I need to market my business in order... Read More
Clichés. We've all heard them...and hear some of them so... Read More
The world is full... Read More
Recently I wrote an article on the benefits of joining... Read More
Are you having trouble understanding basic situational marekting concepts? Then... Read More
In the following 'special report,' I will reveal some very... Read More
With direct mail, you can break even and still claim... Read More
Competition in the past has embodied such beliefs of "kill... Read More
If you want your business to grow and attract new... Read More
Marketing |