Business Tips and Info

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Business Tips and Info

COMBINING BUSINESS PLANNING & BUDGETING

Sunday, March 13, 2016

An effective Business Plan requires an equally effective Budget. learn more

MARKETING PLANS & BUSINESS PLANS

Sunday, March 13, 2016

A Marketing Plan specifies the revenue and margin targets that a business wants to reach and the sales and marketing strategies that need to be implemented to achieve them. learn more

PREPARING SALES BUDGETS

Sunday, March 13, 2016

Sales budgets can be made more effective if the dollar sales projections are broken down into units and market segments.  learn more

MEETING CUSTOMER NEEDS

Sunday, March 13, 2016

Meeting customer needs requires empathy, lateral thinking and research. learn more

USING JOB DESCRIPTIONS

Sunday, March 13, 2016

Position descriptions are a very cost-effective management tool when they: learn more

PREPARING BUDGETS & CASHFLOW PROJECTIONS

Sunday, March 13, 2016

Challenging, but achievable budgets and cashflow projections can greatly assist the planning, strategy development and financial management of an organisation. learn more

MARKETING TO REFERRAL NETWORKS

Sunday, March 13, 2016

Creating and receiving client referrals is a very cost-effective sales and marketing strategy. learn more

MARKETING TO EXISTING CUSTOMERS

Sunday, March 13, 2016

Repeat business, re-bookings and customer retention is the cheapest form of marketing! Existing customers can also potentially be an excellent source of referrals and recommendations. Marketing strategies to maximise customer retention and repeat business include:  learn more

CALCULATING MARK-UP & GROSS PROFIT PERCENTAGES

Sunday, March 13, 2016

Mark-up percentages and gross profit percentages and how to calculate them needs to be clearly understood when pricing policies and budgets are being prepared. learn more

THE DECISION TO USE A BUSINESS PLAN CONSULTANT

Sunday, March 13, 2016

The decision whether to use a Business Plan Consultant in preference to using a business plan template parallels with using a "do-it-yourself" (DIY) option in other purchase decisions. learn more