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No one ever cut their way to success. It is sad to observe the downward spiral when business owners put cost cutting plans in action and become the living dead. Instead, work on development of strategies to grow income and gross profit.
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Get a business coach. Someone with experience in coaching, but not necessarily in your industry. Someone who will tell you what they think, not what you want to hear.
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Can you explain how you obtain most of your new business from word of mouth referrals, but you haven’t invested anything in your referral system? Can you explain why your customers deal with you? Can you explain why your employees work for you?
Posted in Bold Opinions, Culture, Small Business, Strategic Plan, TeamLeave a Comment on You do not really understand something unless you can explain it to your grandmother…
This is an acronym that we have encouraged our business coaching clients to adopt in their businesses for the last 20 years. It is a one “word” strategy that if implemented will set them apart from their competition and from almost every other business that their customers deal with. So what is IDWISIWD©? Well you read it forwards..
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Practice and perfect the skill of asking great questions. The alternative can result in significant resources to efficiently solve the wrong problem.
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Unicorn Business Solutions are based in Devonport Tasmania, with clients around Australia.
