To remedy the top 3 frustrations you may be experiencing perhaps a small business coaching program is in order.. An experienced coach can guide and support you in remedying these road blocks to small business success.
Not Enough Customers
To survive businesses must generate fresh leads and prospects in order to maintain momentum. Is you sales pipeline filled with weeks worth of leads for you to follow up on? Perhaps there is a better way to market your business.There are many ways to bring prospects into your business and you need to become aware of whether your marketing toolbox is too limited. Sometimes we need to step outside of the square and consider a different approach which may include a small business coaching program.
Lack of Focus and Lack of Direction
With all the demands on you as a business owner you can be overwhelmed and easily distracted. Are you doing too many things and think this means you are productive? This can lead to poor results and an unhappy business owner. Machines can multi task; humans weren’t designed for this function.
The only way to reach your goals and objectives is to have a structure to follow and a clear focus to aid your decision making. Without distinct targets for your business you tend to make adhoc decisions which may, or may not, satisfy your desired outcomes. A decision to commence a small business coaching program could be the answer.
Working Too Many Hours
Try this. Estimate and document the number of hours you are dedicating to running your business each week. Multiply this by say 50. Now jot down how much you draw in remuneration from the business per annum. Divide the dollar amount by the yearly hours and this will reveal your hourly rate. Sometimes owners will discover what they already feared; that they are earning less than some of their employees.
Financial independence and a dream lifestyle were perhaps some of the reasons that prompted you to start your own business. The main goal here is to improve your business to the point where:
- You are paid handsomely for all the time, effort and money you have donated to the business
- The business is making a profit (not just covering your drawings)
- You will eventually be working less hours
To download FREE reports and business tools immediately, go to my Melbourne Business Coaching website at http://www.profitkoach.com.au
