Growing a Business is SIMPLE
Mike Patterson Profit Improvement Specialist
Helping Accountant Business Owners break through from Stagnation to Exponential Growth | Assisting them Identify & Implement different proven, guaranteed strategies that explode Monthly Recurring Revenues
According to research, carried out over 40 years, with 20,000 businesses, in 1,000 industries and sub-industries, which have generated >$30 Billion. (Jay Abraham)
?
There are ONLY 3 Ways To Grow A Business.
?
They are:
?
#1
Increase number of clients. (This is the Most Expensive, Least Effective &
Time Consuming way to scale).
?
#2
Increase average transactional value. (Get them to buy more when they
purchase).
?
#3
Increase frequency of purchase. (Get them to buy more often).
?
There are, to my knowledge 100 strategies
for each of the above.
?
And, for each strategy there are >30
different ways to achieve each strategy.
?
Most businesses tend to utilise the same
growth methods as their competitors and are, generally, using just ONE strategy
to grow.
?
i.e. Sales, or Marketing, or Referrals,
or Testimonials, or Endorsements etc.
?
Have you ever thought about using:
?
Co-branding
Co-marketing
Co-partnering
POP strategies
POS strategies
BOFE strategies
BEFE strategies
Loyalty programs
Risk Reversal strategies
?
Imagine putting one new strategy to work
monthly, each with just 2 or 3 different streams of revenue.
?
What would your business look like then?
?
With 10 or 20 or more streams of revenue you become recession proof.
?
Increasing many streams of revenue just 1% is much easier and simpler than boosting one stream 20% or more.
?
Growing a business, increasing revenue, boosting profitability is NOT rocket science, in fact it’s fairly simple to do, I’m puzzled why so many businesses seem to struggle with this.
?
If you are a business owner and are serious about running a profitable business, as opposed to just owning your own job.
?
DM me and let’s set up a free 45 minute strategy session.