How Does Your Business Make Money?
It is surprising how many business owners and their teams are not clear on how their business makes money or what their “Value Proposition” is.
A business can only make money by adding value. Your business adds value by selling a product or service or both. The value you offer is how you can solve a customer’s problem or satisfy a customer’s needs.
For an example on how we literally turned a business around from losing money and not being viable to being a highly profitable business within days!
My business isn’t for sale so why should I come to your workshop?
That’s a great question, you see the best time to sell your business is when you want to not when you have to however there are a number of circumstances often beyond your control that may force you to have to sell your business. Business owners who have invested time, effort and money in preparing their businesses for sale will reap the rewards and make this one of the best investments they have ever made. To learn more visit Click Here
How does your business add value and how can you better leverage off it?
Depending on how you add value will determine what type of revenue streams you can create, it may be sales, usage fees, subscription fees, renting, licensing, brokerage fees and even advertising.
Go spend some time thinking about what your business model is and how does your business currently add value and what can you do to better leverage of it?
I would love to hear from you on how this information has helped you or if you have other tactics or strategies that help you get stuff done.
Until next time