One thing that many businesses look for in their efforts to grow and succeed is an improvement in liquidity ratios. What is business liquidity and how can you improve it? Contact CoachFirm What Is Liquidity? Liquidity refers to your business’ ability to access enough cash to pay off any immediate or short-term — within a year or less — [...]
No business can function without dealing with contracts, but what exactly do you need to know about small business contracts? You might be wondering which contracts and legal documents you'll need to start your business, as well as the kind of contracts you might have to deal with on a regular basis. What are the types of business contracts you [...]
A great deal of talk today is about intellectual property rights and the importance of intellectual property. What is intellectual property, and how do you get intellectual property protection? Contact CoachFirm What Is Intellectual Property? Every great business starts with a great idea. However, if every time you tried to build a company based on your idea, someone copied [...]
Anyone who manages a business understands that cash flow is important. But to fully appreciate the importance of cash flow and how to deal with cash flow problems, it’s important to understand what specifically we mean by cash flow when it comes to business. Once we have a clear cash flow definition, we can think about some straightforward ways to [...]
As Entrepreneurs, Professionals and Business owners our days are spent wrestling with the urgent. Solving problems, answering questions and fighting back worry consumes our lives and “If only” becomes our focus. If only I had more resources, better people, more clients or a unique competitive edge I would finally be able to rest. Justifying the daily pain because it’s the [...]
In a world where nothing seems to stay in focus for long its hard to have clear, unshakable beliefs about the marketplace and your position in it. Competition changes, marketing evolves, and as small business owners, we always feel the presence of consolidators and big business competitors breathing down our neck. Every morning we must wake up and re-engage in [...]
There are three key areas of public relations you can use to boost your advertising results ten-fold over your paid advertising. 3 Public Relations Topics The key to public relations lie in: Public relation or publicity Merchandising Promotions Public Relations Plans With a solid plan in place that encompasses all these areas, you’ll have a great approach to use public [...]
The Importance of Building Relationships with Vendors It’s extremely important to build relationships with your vendors and those around you who can bring in new customers/clients and increase awareness of your company’s branding. The people you work directly with on your products and services are really the ones with the most to gain when you find success. By taking the [...]
Today you’ll learn how to use direct mail marketing and, yes, telemarketing to your full advantage. I know, the word “telemarketing” might as well be four letters, but there is a way to help customers feel like they are getting personal attention and keep them from blocking your number! With the success that direct mail marketing has had and the [...]
Today I’d like to talk about how to turn prospects into customers and retain them for future marketing as well. While, your marketing is doing its job, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be: Inviting Informative Enjoyable The [...]
