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Top 10 Critical Business Challenges – Survey Results

By Bob Prosen   |  Comments 2

Last week I asked more than 1,000 small business leaders across the country to evaluate the importance of Top 10 critical business challengesand over 26% of the people responded! Take a few minutes to find out what leaders identified as their top eight challenges. Do you agree with them?

So what do you think? Did they miss any? Read more

Customer Management Strategies for Small Business

By Bob Prosen   |  Comments 0

Effective customer management strategies hinge on — well — the customer! Not an earth shattering revelation, I know, but the struggle comes with striking a balance between finding customers and keeping them.

To continually increase your company’s performance and profit, small business owners must be able to manage, engage and retain customers. And while most understand this in theory, too often it’s missed in practice.

I mean, let’s be frank. Talk without action leaves you short every time.  So how is your business handling this balancing act?

Are your customer management strategies building relationships that help increase the bottom line? Or are you plagued by poor customer management that’s left you dealing with both immediate and long-term negative effects?

First, let’s take a look at the ramifications of failing to effectively manage customers.  Then, we can shift to the “How To’s” behind getting it right!

As you click to read more, you’ll find practical customer management tips to help your small business reach its goals. Striking the right balance between customer acquisition and retention can be tricky, but you can get there.

Read more

How to Increase Profitability in a Weak Economy

By Bob Prosen   |  Comments 0

It’s a new year filled with new opportunities.

But faced with economic uncertainty, many small businesses are opting for “business as usual” hoping the status quo will sustain them.

No doubt some will be able to ride things out doing just that.  But if you take the “sit and wait” approach, you’re wasting a golden opportunity to get an edge on the competition.

Now is the time to fine-tune your operations, learn how to increase profitability and prepare for the future.  Your long-term success depends on your ability to act rather than react!

While you may think you can’t increase profits in a slow economy, I’m here to tell you that you can.  In fact, you must!

Albert Einstein said, “Insanity is doing the same thing over and over again and expecting different results.”

When markets turn, you can’t keep doing things the way you always have and expect to increase your profitability.  Your commitment to change is vital to your profitability strategy, and the most successful companies change before they are forced!

If you want to be a front runner when things get better again (and, believe me, they will get better), you need to base your planning on a realistic view of your market.

So how does a small business increase profits regardless of market conditions?

Here are 10 tips showing you how to increase profitability in a weak economy.  It can be done! Read more

Small Business Accelerator: 3 Breakthrough Strategies To Increase Your Company’s Profit

By Bob Prosen   |  Comments 0

Today is a big day for you and the future of your business.

I just released my first video in a series of 4 that is going to show you actionable strategies to help you rapidly increase performance and profit in your company – starting TODAY!

This training is taken from my brand new program:

The Small Business Accelerator (SBA)

and contains specific strategies that I’ve never shared in this format before.

In fact, clients invest a lot of money to access this valuable information that I’m giving away for free today.

I’ll tell you more about today’s training video in a second, but if you want to get started and watch it right now, click on the video below:

Small Business Accelerator

(Just click here to watch the video right now!)

In This Video You’ll Learn:

1 — To set the “right” objectives for the three most important parts of your business

2 — The most important business metrics that will enable you to achieve your objectives

3 — How to evaluate your personal leadership effectiveness – Do you have what it takes to lead your organization to achieve extraordinary profitability

Special Bonuses ==>

I’m also including valuable bonuses that you can use immediately to help your entire organization.

  • The first bonus is a white paper called: Playing To Win — Leading During Uncertain Times, which shows you how to Increase Margins and Boost Employee Morale even during difficult economic conditions like we are in today.
  • The second bonus is my Leadership Self Assessment that will quickly show you  how effectively you’re leading your organization.

Make sure you watch this critical training and download all the bonuses immediately! Read more

Trust Leadership: Engage Employees and Skyrocket Performance

By Bob Prosen   |  Comments 0

“Good-bye, 2010!”

For a year that was supposed to hold such economic promise, it certainly didn’t deliver.

TrustLoyaltyGrowth imageIn fact, most small business leaders I talk to still feel the heavy weight of uncertainty and question their ability for growth in this economic recovery.

The way I see it, we have two options:  become paralyzed by circumstances or adapt.

Like you, I’m also a small business owner and entrepreneur so I know the “sit and wait” approach is not even an option!

While there is much to consider in a down economy, let’s boil it down to basics.

Before you do anything else, you need to gauge your trust leadership by asking yourself, “Do my employees trust me and the company’s leaders?”  To assume the answer is “yes” does you no good, so be honest.  Want the truth?  Look closely at your company’s culture.

So how do you know if you’ve developed leadership trust?

Read more

Small Business Leadership Training

By Bob Prosen   |  Comments 2

I’ve got something pretty cool for you today.

It’s an audio and video recording from a workshop I recently held where I hear directly from a room filled of small business owners, just like you, state the biggest challenges they’re facing in today’s world. To be precise, It’s an excerpt taken from my four hour small business leadership training program where I taught leaders how to rapidly increase profits. At the end of the day we reviewed the list and everyone agreed that the program addressed 12 of the 16 biggest challenges listed below.

Whether you are trying to survive in today’s tough economy or striving to reach new heights,  the mutual goal is to progress and making money.

As someone who subscribes to the old adage, “Go as far as you can go and when you get there you can see further,” I believe that there is always room for improvement.

Especially in 2010 and 2011.

Sure it’s more difficult but not impossible. The first step is to identify the hurdles — and that’s exactly what we did in this audio recording.

Just take a listen, and you’ll quickly hear the SAME exact problems, frustrations and concerns that you have for your business – are the same problems facing other business owners as well.

I also included all the challenges I got from the participants at the end of the post.

So what do YOU think? Did they, or I, miss any? Feel free to post your thoughts below.

Read more

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