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Selling a business is not easy. Here’s a look at 5 guaranteed ways you will NOT be successful.
1. It is unclear exactly what is being sold.
Make sure it is clear exactly what is being sold. For example, have a list of all the Fixtures, Furniture and Equipment. If any items are not being ... Views: 1378
My Certified Time Coaches will sometimes tell our clients something that raises a few eyebrows: procrastination can actually be a good thing. In fact, we encourage clients to procrastinate as much as they possibly can.
First, let me explain when procrastination obviously doesn’t work. If you ... Views: 833
More Civil War battles were fought in Virginia than any other state. If you’d like to take an affordable, fun, and educational family day trip while on vacation in Virginia, visiting Civil War battlefields is a great choice. Virginia is one of the most historical locations in the US and you ... Views: 1269
You’re probably familiar with Pareto’s Principle, also called the 80/20 Principle. What's the idea behind the 80/20 principle?
It’s about focusing on what you’re good at and what you enjoy.
What do you do well? Where's your passion? Make that the focus of what you do, and then delegate ... Views: 798
One of the things that I noticed when I started off in my business was that I was doing everything. I was working 60, 70 hours a week. Then after six months, I sat down and looked at my cash flow and my income and I realized I was making a little over $300 per job. That was with a tremendous ... Views: 1309
With the Global economic slowdown, a career progress is a hard thing to come by. You will be well aware that many renowned companied have stopped employ intake. Infact many employees have lost their jobs because of this economic slowdown. Hence it is high time to look for alternative sources of ... Views: 709
THE ART OF ATTRACTING
Attraction isn’t just a law; attraction is a practical, useful principle. When you apply this formulating principle, you significantly become a magnetic power source, inviting new opportunities, new business and new relationships to you and your business. The ... Views: 900
In the current fear-state of the economy, it is a challenge not to feel overwhelmed and over burdened; however, there is more than light at the end of the tunnel. When you are coming from an unburdened, creative, free-flowing consciousness, there is no tunnel; only laser-focused direction - ... Views: 968
During the 1990’s a number of examples of new business terminology cane into vogue. Among these was the term Business Model. The usage of this term has become so capricious that the original definitions and intent of these two words has been diminished and confused.
In essence, the Business ... Views: 1083
Feng shui is such an esoteric practice. It’s often misunderstood and categorized as hooey, hocus-pocus, or even voodoo. It’s none of those things. Still, there is a tendency in our society to put a shingle out and call ourselves experts after having read a book or two or maybe taken a seminar. ... Views: 2053
It is important your customer's business strategies - what is their corporate direction, how do they aim to succeed, what are their key objectives? By aligning your objectives with theirs and showing how your products or services can help them to achieve their strategic business objectives, you ... Views: 1246
Every television viewer has seen the infomercial spot showing the forlorn, wanna-be inventor, crushed, their idea being successfully marketed by another party. He did not get a patent. The answer offered in the commercial, contact an Invention Submission Company, get a patent, market your ... Views: 1159
The bible provides direction for those who have ideas for future projects. The idea can be the creation of an invention or a children’s book. In the second chapter of Habakkuk, it states that visions (or ideas) should be written down adequately so that it can be implemented. However, many new ... Views: 1648
A sales trainer colleague of mine from South Carolina asks audiences this question: What have you done recently to astound your customers? ASTOUND. To be astonishing to our customers is not just a noble goal, it's a necessary objective for retailers who plan to thrive into the next century. ... Views: 1608
If you own a business and receive an unsolicited offer to buy your business please be careful. If your business is currently for sale be even more cautious. There are con artists that have developed a clever process of taking your business from you and leaving you not only with absolutely ... Views: 1709
In this hotly competitive marketplace, more companies are turning to image consultants as a cost-effective tool to differentiate their products and services from others in the marketplace. Image consultants increase value by enhancing a company's most valuable asset - their employees.
Firms ... Views: 1802
One of the great things about direct mail is that there are only there main components – the list, the offer and the copy. If you get them all right, your direct mail efforts have a great chance for success. But if you put all your efforts into one and do not pay much attention to the others, ... Views: 1111
The Internet is swarming with work at home moms, retirees, average Joes, and even teenagers who want to make money online. People are attracted by how quickly and inexpensively they can start an online business. However, most of their ventures fail miserably because people do not understand the ... Views: 1138
The Small Business Administration reports that 75% of new businesses fail in the first 5 years. The main reasons for failure include lack of a business plan, bad management decisions, poor customer service, lack of a marketing plan and inadequate financing. I will address all of these issues ... Views: 1373
I had an interesting conversation with an owner of a roofing company this past week. I was leading a seminar for a local home builders association and the conversation was about the best way to find new business. I explained that it is 80% less expensive to get past customers to buy from you ... Views: 1007
The economic news continues to have mixed signals. The wholesale cost of goods rose last month which would indicate higher inflation. Higher inflation would further weaken the economy. However, last month was the first time in six months that the consumer confidence level and consumer ... Views: 775
Debunking the “Prioritization Failure” Myth in the Economic Stimulus
The new perceived “crisis” in the stimulus initiative is the claim that there is no way to prioritize projects to get the greatest value from taxpayer dollars.
It’s true that not every “shovel ready” project merits ... Views: 692
Refresh Your Professional Image
When a computer runs sluggishly, you can reboot. But when you are feeling sluggish, there’s not even a refresh icon to click to help you revive.
According to a study from the University of Illinois, appearance and body language accounts for 55 percent of ... Views: 1144
“Business is never so healthy as when, like a chicken, it must do a
certain amount of scratching around for what it gets.” Henry Ford
I just love my quotes and I thought this one by Henry Ford really hits the mark. I want to help you to find more success and prosperity in your life. One ... Views: 1387
Selling a business is a complex and often contradictory process. For example, sellers normally don’t want customers, employees, landlords, suppliers, sometimes immediate family and others to know the business is for sale in case it damages the business. Yet they need everyone else to know it’s ... Views: 1390
A Leader leaves a legacy that benefits all? A Greeder...is all for self.
So what is real leadership about?
I recently read an article about a business owner (Leonard Abess) who sold his business and gave his present, and ex-staff, 60 million dollars, as a thank-you gift for being part of ... Views: 1827
Tough times are ahead and you’ve got to look out for you. Sounds selfish, right? Well, truth be told, you are concerned about you. Many of us are concerned about our livelihood and are fearful of the future. The solution is to address these concerns outright. Psychology has shown us that you ... Views: 1962
One of the biggest questions is when do you stay, walk or run away from the bargaining table. Some people aren’t willing to stay the course in what might result in a really good deal. Others are so tied to the process or deal making that they are willing to give up too much. Here are some ideas ... Views: 2051
It's Time to Get YOU UNSTUCK
Praise for Libby's book, YOU UNSTUCK: Mastering the New Rules of Risk-taking in Work and Life...
"Are you in a rut? Is your gut reaction to change a negative response? In You Unstuck, Libby Gill will help you understand the way you look at risk-taking so you ... Views: 1545
We live in uncertain times. The continuing war in Iraq and Afghanistan, terrorism, an economy that has been in the doldrums for a couple of years with only faint hints at a possible rebound, continued corporate layoffs and downsizing, etc. Many people in our community have recently been laid ... Views: 1208
Everybody wants to get involved in personal branding. I’m sure, each one of us dreams to be the centre of attraction of our industry. The trend is in brand.
Yes, Personal Branding has amazing power that can turn impossible into possible. It is a great way to gain exposure and popularity. ... Views: 703
There are four important skills to master in selling.
Sales Skills
You don’t need a magic button to overcome objections. You need to understand why people have objections in the first place, and how to eliminate eight out of ten objections before they ever occur. Sales today is about being ... Views: 922
If you are a business owner who is ready to lift your ideas to the next level yet you’re not sure whether you need a business plan, proposal or marketing strategy, there is a way to determine which you need and which should come first.
While some believe that a business plan is the most ... Views: 1796
LESS IS MORE
The quote “Less is More,” written by the poet Robert Browning in 1855, inspired architect Mies Van der Rohe one of the pioneering masters of modern architecture and Buckminster Fuller inventor, architect, engineer, mathematician, poet and cosmologist. They saw this quote as a ... Views: 2371
Your prospects want one thing and one thing only! They want the reassurance that what you say about what you offer is legitimate. Because credibility is crucial to the success of your business, convincing potential clients that you can deliver is key. And although conveying credibility is always ... Views: 1694
I seriously doubt that anyone reading this article hasn't found his or her business dropping off dramatically during this soft economy. The phone may have stopped ringing, your e-mail box has nothing but advertisements, and it appears as if your business has come to an end. But, don’t despair. ... Views: 1380
When I was a college student, I got an 'A' in my Accounting 101 and 201 classes. Then I entered the "real" world and almost SUNK the family business because I had no idea what I was doing with the "real" accounting. You see, the examples in the college text book used financials that were ... Views: 972
Are you ready for the new year that is right around the corner? How wonderful...a brand new year lays at your feet. What are you going to do with it?
Take a look back at January 2009. Compare where you were then with where you are now. Check your progress. Are you happy with it?
Another ... Views: 1034
We’ve all been exposed to the notion of the business cycle: customer has need/problem, determines solution to need/problem, makes decision & commitment to purchase, and finally goes through the implementation process. For the B2B salesperson, this cycle must be repeated effectively and ... Views: 1189
A leader head can make or break the image that your home projects in general. An appropriate leader head can make “upgrade” it value beyond your moderate expectations. Choosing the right leader head can be compared to an artist applying the finishing touch to his creation. It puts everything in ... Views: 1215
With the credit crunch in full force, many small businesses are finding it harder and harder to land a business loan. Even business lines of credit are being squeezed tighter-often yanked right out from under companies that have long established histories with financial ... Views: 647
Several years ago I had a series of SCORE clients who wanted to start businesses making and selling greeting cards. The cards that they showed me were usually very beautiful and every one was unique.
Pricing the cards was always a problem to them. The market would not pay a price to cover ... Views: 1209
In these trying times, it’s good to get back to some basic concepts around managing and protecting your wealth. Today’s financial environment is providing plenty of reasons to take another look at how your business is positioned relative to your personal plans for an exit.
It has been said ... Views: 1337
I really enjoy sharing many of the insights that I receive through my coaching sessions with advisors.
In fact, I have been steadily sharing information regarding a positive mindset and attitude since last fall when the world markets and economies really started to slip into a funk.
... Views: 1006
The thing about business books is that they tend to be practical, appealing to the left-brain thinker who can use a system or process to advance forward with 'steps' that can be followed in a logical manner to get a certain result.
Well, in my opinion, Barry Moltz breaks from that mold with ... Views: 885
In today’s market environment, many business owners are taking a look at the state of their businesses and measuring that businesses viability and continued profitability against their future exit. What many business owners are realizing is that it is time to get the company in shape in order to ... Views: 1171
The art of Feng Shui (pronounced Fung Shway), developed over 3,000 years ago in China, promotes harmony and positive energy flow. "Feng" and “shui” means "wind" and "water" respectively. The ancient Chinese associated the relationship of wind and water with good harvest and good living, this ... Views: 1871
Are you thinking about setting up a private foundation? It can be a wise decision - if it is done correctly, and for the right reasons. Read on for 5 key points you should be aware of before taking the big step.
1. What is important to you?
First, you should identify what is really ... Views: 1118
You are in charge of your destiny.
Be happy that you have critics, as it means you have success to be envied. Critics don’t pick on the weak; they don’t have anything to gain in doing so.
In Australia, this is called the “Tall Poppy Syndrome.” When one poppy grows taller than the other ... Views: 918
Direct Mail touches people every day.
Many people look forward to receiving their daily mail. In fact, 98 percent of consumers bring in their mail the day it’s delivered, and 77 percent sort through it immediately. In addition to that kind of exposure, Direct Mail offers these benefits:
It’s ... Views: 1153