Building Your Business Success – Part 2

11 01 2011

Last week we began a brief discussion of how to build your business success

Key to Business Success

for 2011.  We reviewed the concept of what Commitment means to your small business success and that you personally are responsible for your small business success.  This week we are going to finish the discussion on Building your Business Success for 2011.

Actually anybody who starts a small business can be successful.  The differentiating factor is, how LONG will your business be successful.  Again, it does partially go back to that commitment thing.  You may be successful when you first start your business, but you must remain committed to your business success.  True business success is also founded on solid business basics.  If you do not have a good grasp of business basics, it would be wise, even before starting your own business, to take a class or two, or take a seminar to learn and master the basics of business.  Without business basics, you may be successful for a little while, but your lack of basic business knowledge will most likely get you in more trouble and could ultimately contribute to your lack of long-term business success.

We must all continue practicing and reviewing and mastering the basics of business.  Without a well established / thought-out business foundation, everything you build, will most likely not stand the tests of time.  Keep up on your basics.  If you don’t know, be sure to ask a trusted source that will help you master your business foundation.  With a strong business foundation, all the work you do for your business will be successful.

Focus on Continuous Growth

Another key to building your business success (and not just making a New Year’s Resolution) is to focus on growing throughout the year, and ultimately growing for the next several years.  Do not just focus on growing your business for this month or the next.  You need to have a long-term view of where you want your business to go if you want your business to grow.  Focusing only on the month-to-month growth will not provide you with enough time to really refine and define what direction you want your business to grow in the years to come.  If you focus 2-, 3-, 5- and even 10-years in the future, then the short-term setbacks will not be so difficult to resolve.  By looking at the long-term, you can look past the immediate obstacles and focus on how to obtain that long-term goal.  By having long goals, you will find it is much easier to get past the little stuff.  If you only look from month-to-month, the problems that may crop up will most likely appear much larger than they actually are.

Lastly, it is never too late to make your business successful.  You may have had a really bad year in 2010, but that doesn’t mean you will have a bad year going forward.  Review your business plan, identify what went wrong and more importantly, look for WHY you did not follow your business plan or why you were not successful last year.  If you can identify WHY things didn’t occur (this is different from placing blame) then you can identify what you need to do to avoid that obstacle going forward.  Even if you had a decent year last year, it is not too late to revisit your business plan and adjust for any new plans or ideas you may have.  Again, be sure to keep the long-term view when reworking your plans.  When in doubt, enlist the assistance of other experts in  your field of business, to help review what you have and where you want to go.

Here is to your continued business success in the new year.

If you are looking for a second income opportunity, or are looking for some type of small, home based business to get involved with, we may have something that would interest you.  We offer a wide variety of business opportunities, from Pre-Paid Legal Services, to Stem Cell Nutritional Products, to Waterless Cleaning Products.  If we don’t have exactly what you are looking for, we may know where you can find it.  Good luck and let’s all see our businesses grow in 2011.

Until next week…





More Tips on Growing your Business

17 11 2010

How many times have you reviewed your financial statements and wondered how you were going to increase sales this month?  If you were not increasing sales, you will have to worry about what other item you are going to have to cut back next month.  This is one of the main worries of the small business owner from the beginning of time.  You may have an incredible product to offer your customers, but if you don’t have the income or more precisely, PROFITABILITY, to support your product, your business will not be around for very long. This week we have more tips on growing your business.

This week we are going to review some more tips and suggestions to help boost your small business sales.  Not all of these tips are going to work for all of you, but perhaps some of these tips, if not directly helpful, will get your creative juices flowing and generate some seriously profitable ideas for your specific business venture.

As we have discussed in earlier blogs, your product,  service or opportunity (or all three perhaps) needs to not just fill your needs, but to fill the common need of your target customer.  Can you help people learn how to survive this current real estate downturn?  Do you have a new and innovative way to help clients sell their homes?

Have you looked at the prices you are posting for your particular products?  If you lower prices a bit and sell more products, would you ultimate make more income?  The key here is to advertise that you are lower prices again to assist your customers survive this economic downturn.  You don’t want them thinking you are lowering your prices to get rid of inventory.  You want your customers to believe that your new lower prices are a direct result of you wanting to help them deal with this economic strife.

Do you have a product that is more of a discretionary income item? Have sales gone down because people are not as willing to spend on discretionary items?  Can you rethink how to market this “luxury” item so that when your customer uses this item, they are given a brief “vacation” from the day-to-day stresses.  Using your item will give them a little bit of pleasure which in turn helps bolster their energy for the next round of reality.

Or, do you have a product or service that is a necessity, no matter what the economic climate has become?  If you don’t have this type of product, is there some item out there that might complement your current product offerings?   This item could help you to grow your business and develop a sustained income month over month going forward.

Lastly, don’t forget your customer.  Customer service and honest follow-up, especially in this economic environment, is the best business.  How many stores have you gone into where the clerks were cranky or just plain mean?  Did you leave that store feeling positive about your purchase?  If you found another store where the clerks were cheerful and friendly, don’t you think you would be more willing to spend additional time wandering around?  With  internet sales exploding, and on-line marketing at every turn, it is critical to differentiate yourself from your competition with your customer service.  People will be drawn to good customer service.  They will be more willing to spend their hard-earned cash at your business too because you made them feel better either about themselves or about their purchases.  These same customers will also be more receptive to purchasing higher priced products (i.e. “do you want fries with that?”).

It is truly amazing how much more people will purchase if you spend a little quality time with them.  Keep them appraised of any new promotions, send a very brief message monthly to let them know that all is well, periodically offer a customer loyalty gift or coupon.  Even if your customers do not redeem the coupons, they will be pleased that you thought of them, and will be more inclined to spend money with you instead of going to your competitor.

Hopefully some of these tips on growing your business sales can be implemented in your business.   What would be even better is that some of these tips inspired you to think of other ideas that grow your business.  Good luck and have a great business week.

If you are looking for a second income to supplement what you are currently doing, please feel free to explore our website.  We offer several home based business opportunities and are more than willing to discuss in detail any opportunity you are considering.  We offer Pre-Paid Legal Services, Stem Cell Nutrition and can assist you in starting up your own waterless detailing business.  You only have to ask.

Until next week…





Small Business Plan within Pre-Paid Legal

6 12 2009

First I would like to apologize for the week I missed in posting.  I was ill and had no energy in which to post a blog.  As it was, if I did manage to type anything, after review it was rambling and did not provide useful information.  I am now feeling more human, and will build my list of articles in advance, so if I do get sick again, there will be a log of articles scheduled for posting.

As promised two weeks ago, today we are going to briefly review the Small Business Plan within the Pre-Paid Legal Services Plan.  I had mentioned the benefits of Pre-Paid Legal – they have preventative legal services (consultation & advice, letters & phone calls, contract & document review and will preparation), Motor Vehicle Legal Services, Trail Defense Services and IRS Audit Legal Services.  How nice would it be if you could extend those legal services to your small business, or home based business?  That is what the Small Business Plan does for members.

There are three types of Small Business Plans available to members in most states (some states have restrictions, please contact me if you have specific questions).  There is the Business Plan which is for the for profit business that is not publicly traded and has less than 100 employees.  If you have 3 or fewer employees, there is a plan called the Home Based Business Rider, and there is also a plan for a business that has less than 9 employees (Legal Plan for Self Employed). 

Within all of these plans, you are able to have legal telephone consultation regarding your small business, you can have legal correspondence (depending on the plan you can have anywhere from 3-unlimited letters per month written on your behalf), you get a contract review for at least 3 contracts or documents per month, you get at least 3 debt collection letters written on your behalf a month, you also qualify for business Trial Defense, IRS Audit Protection on your business and for non-covered services, 25% discount for other services.

What I find extremely helpful with the Small Business plan is the ability to access a site called GoSmallBiz.  This is an awesome site that provides a ton of information for the Small Business Owner.   In this site you have access to information on how to start a business, a template to write a business plan, there is tax and accounting information available at the click of the mouse, and all kinds of legal, HR, and marketing information available.  If you can’t find the topic you have a question on, you can pose the question and expect a response within the next business day. 

This website is an absolute awesome resource for anyone in business, it is like having various specialty departments available to you without having to hire the experts.   It is great to have this kind of information available 24/7 so you may not lose as much sleep over an issue.  This site has saved my rear on several occasions, I found out what I should and should not do before stepping into the fray.  I have always considered this essentially “legal insurance”.  You carry medical insurance for the unfortunate events that may occur medically, why not carry “legal insurance” for events that will definitely occur legally. 

Once you start using this benefit, you will wonder how you ever managed your business without it.  If you would like more information on this and other Pre-Paid Legal Services, please go to www.hawgwash.us.  Otherwise, please feel free to contact me at hawgwash1@yahoo.com

Until next week…





Pre-Paid Legal Services – Second Income

21 11 2009

As promised last week, this week we are going to briefly review the Second Income Opportunity (actually opportunities) offered by Pre-Paid Legal Services (PPL).  You may think it would be very difficult to offer Pre-Paid Legal Services to the people you know, but actually it is quite easy.

How many people have you talked to that has complained about being taken advantage of?  How many people may have agreed to some form of a contract, either written or verbal, only to find out they ended up on the short end of the stick?  Do you know anyone who does not have an up-to date will, or no will at all?  What about someone who has received a speeding ticket?  Or if their car is damaged by a hit-and-run driver?  These are the people who you can very easily discuss Pre-Paid Legal with.  There are several plans available in most states that would help people like I mentioned above. 

These plans are paid monthly, the people you talk to do not need to pay a year in advance, nor are they held to long contracts.  In several situations, once they sign up for a Pre-Paid Legal plan, they are immediately able to call for a phone consultation on an unlimited number of matters, and if necessary, the provider attorney can either write a letter or place a phone call on an unlimited number of personal issues.  How many of us would have loved the opportunity to call an attorney when you suspected something didn’t feel right, but didn’t have ready access to an attorney, and especially didn’t want to pay the hourly fees for a phone consultation?  I know this would have gotten my butt out of hot water many times if I had it years ago.

I could go on about the various items that are contained within the Pre-Paid Legal Plans, but will only cover the six areas that are covered under the Life Events Legal Plan:  Preventative Legal Services, Motor Vehicle Legal Services, Trial Defense Services, IRS Audit Legal Services, 25% Preferred Member Discount and Legal Shield.  If you want more information on any or all of these items, please feel free to contact me at hawgwash1@yahoo.com.   Pre-Paid Legal also has an awesome Identity Theft Shield that people should not go without, especially since it is only $9.95 per month extra.   I could go on about how great this is, but again, if you are curious, please contact me at the above e-mail address.

All right, now that we have determined it is pretty easy to present the Pre-Paid Legal income opportunity to someone, what is the incentive to you to present?  By signing up someone for the Family Plan and the Identity theft, you stand to earn almost $35.00 commissions.  That is neat because you don’t have to carry any inventory and you are providing services to people who will thank you for getting them involved.  What is even better is again, you don’t have to collect a year’s worth of membership, just collect the first month and the $10.00 one-time enrollment fee.   Most people should have no problem paying monthly for immediate legal protection.  You do need to let them know that PPL will not cover pre-existing legal conditions, and if they have a traffic issue related to alcohol or anything illegal, PPL will not represent that issue under the Motor Vehicle Legal Services section. 

As you can see, this is a very painless way to work on that second income you have always been looking for.  How many people do you know that could use legal representation?  Each of those people could mean extra money in your pocket.  If you can get some of those people involved in selling PPL also, then you are definitely on your way to creating personal wealth.  This program does not take a lot of money to get started, and it only takes a few hours each week to get off the ground. 

What I like best is that you get to help other people by providing a service that gives more value than the money they are using to purchase it.  It would be very rare that you would get someone complaining to you that the attorney helped them out of a sticky situation, and they were unhappy. 

This discussion could continue for a long time, there is a lot of information that I glossed over regarding the various PPL Plans.   If you want to see more, please go to www.hawgwash.us.  If you have specific questions, please e-mail me at hawgwash1@yahoo.com.

Next week I will review the Small Business Plan offered by PPL and how it can also continue to earn you a second income.