Do You Have Any of These Business Money Behaviours?

March 21st, 2022 by admin No comments »

For everyone, dealing with money can be challenging and sometimes well… tiring. In terms of business, many entrepreneur’s (creative and otherwise) feel that business money matters are practically insurmountable and they will never be able to understand what they need to know and what is the most important for their business.

What Exactly is the Problem?

From working with many entrepreneurs – there are 2 overwhelming problems that come up regularly, regarding handling business money and dealing with finances:

1. Confusion

2. Indifference

This situation is often due to:

• Limited knowledge about what managing money in their business really means

• Lack of clarity as to how to move forward in order to work with their business money

Knowing that you have a problem with your handling your business money is not always apparent and it can take some real observation of your behaviour to uncover if you really have any challenges.

Here are some indicators that your enterprise money management might not be where it should:

you ignore your bookkeeping and/or you don’t understand it
you never look at your bank account balance
your business bills are accumulating
you are unsure how to manage cash
you don’t know how to collect from clients/customers
you don’t have proper budgeting in place
you ignore your business mail
you are transferring your own money in the business
you are not taking a salary or reasonable salary for yourself
you don’t have a good set of financial statements
you don’t understand business financials
you don’t track numbers on a monthly basis
you don’t review your business numbers on a regular basis
you avoid or don’t have monthly or quarterly money goals
you can’t honestly create proof that verifies if your business is viable

Well what did you discover about yourself with your business money?

While this list is not intended to scare or frighten you – it is designed to get you thinking and make you aware of what is causing your problems and know that it will continue to do so until you fix it!

You need to start thinking about what your priorities are, where you are and where you likely should be.

You see, what you likely are lacking is…

To understand enough about your business money, so that it’s meaningful, but not so it becomes overly complex.
Have an attitude shift and knowing a few key strategies – you will find that it isn’t boring at all. Logically, how could it be – ITS ALL ABOUT YOU AND YOUR BUSINESS & FUTURE!
To feel and see the “money puzzle” fit together and that it all makes sense TO YOU AND YOUR BUSINESS.

Taking the necessary steps to improve your relationship with your business money will give you renewed strength and stimulate greater and better creativity in your business. You will never be the same…

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Reputation Management is the Answer How Your Business Is Perceived

March 1st, 2022 by admin No comments »

Is it true that you are keen on finding out about dealing with your standing? Have you been searching for accommodating and solid data? Indeed, this article will ensure you get a few strong ideas. It will assist you with sorting out some way to more readily deal with your standing.

Posting data via online media locales is essential to your business’ standing. You should post a few times each week at any rate to actually run an advertising effort. Assuming you see that posting via online media locales is overpowering, consider recruiting an aide to make your posts for you.

At the point when individuals invest in some opportunity to offer something about your business, it is vital that you are sufficiently gracious to answer. While you might be an extremely bustling individual, it shows your crowd that you really care about them and what they need to say. This is imperative to keep a consistent client base.

At the point when you talk with your crowd, ensure that you do as such in a conversational tone. Individuals try to avoid the possibility of entrepreneurs continuously addressing them with promoting to them. While you would like to make a deal, you ought to never cause a client to feel like this is your main concern.

Be grateful. Assuming somebody leaves a decent audit about your organization, send them an individual message and express gratitude toward them for their criticism. On the off chance that conceivable, send your client a coupon for a specific percent off on their next buy as a much obliged. In the event that this is preposterous, earnestly say thanks to them for their input.

Assuming you will utilize anybody’s thoughts, you ought to constantly make a point to give them credit for that. Everybody out there can advance a little from others, so giving due credit will show individuals that you don’t think you are over that. This is an extraordinary method for getting their appreciation.

On the off chance that you own a business, treat your representatives consciously. Any other way, you might foster a negative standing as an entrepreneur. Certain individuals won’t give you business as a result of it.