Mortar Makes It Happen
Michael Shew, Business Coaching Expert
President @ Small Business Advisor.INFO, LLC | Expert in Business Management Coaching
As the saying goes, "Mortar Makes it Happen," implying that the right elements, when combined effectively, can lead to success. In the context of business development, this means understanding and implementing the three keys we are about to discuss.
Today, we will delve into the three crucial keys to business development. Understanding and implementing these keys will empower you to build a solid foundation for your business, ensuring its growth and success and, ultimately, maximizing profits.
There are three main areas of business development:
If done well, these three areas will help you build a solid business foundation, driving growth and profit. Let's consider each one for just a minute.
Innovation
Innovation, the spark that ignites progress, should not be confused with creativity. It's the action of turning ideas into reality. This is where a significant portion of your focus should be at the start of your business, and it should continue to drive your business forward, contributing to long-term profits.
Quantification
Quantification, the language of business, refers to numbers. It's about measuring the value of your innovation. The best way to gauge this is through your customer response. Pay attention to positive responses to reinforce what you're doing right and address negative responses to correct what you're doing wrong. This will ensure you stay in tune with your customer's needs and the ever-changing business climate, enhancing your profit margins.
Orchestration
Once you've found what areas of your business are working to generate success, you can zero in on those areas and concentrate on making them stand-out ideas. You pivot your focus here to get the most out of your business and meet your customers' needs, ensuring continuous profit growth.
领英推荐
I can help you work through these three areas to assemble your franchise prototype; contact me for assistance.
In the following few lessons, we are going to transition to the seven specific areas you need to consider in your franchise prototype process:
These seven areas will fine-tune your plan for the ultimate level of success and profitability.
If you are considering enhanced profitability, please get in touch with me for assistance. Please contact me at [email protected] or you can reach me at 1(850)377.0716 or 1(772)237.1715
#entrepreneurs #businessowners #businessowner #ceo #coo #cfo #plantmanager #HR #sales #everyone #solopreneurs #profit #profitcoach #profitability
?
?
Website designer | I design websites that generate 10x sales and build strong brand | Attract high-quality leads and Drive Results
3 个月This approach truly resonates with the foundation of building a thriving business. Amazing share Michael Shew, Business Coaching Expert