Thinking about starting or relaunching your business? Both require serious consideration and a long-term plan.
Every year small business owners start, relaunch, and sell businesses. There are a million reasons why. I work with entrepreneurs to start and grow their businesses with the aim of turning a profit. A big profit. When you make more money, you can offer the service you want—at the price that sustains your lifestyle choices and family.
Starting up—five things to know
When considering starting your own business, there is a lot of work to be done. There are resources that can help you with the basics, and you need to give careful thought to questions like:
These are just a few types of value that make you different from the also-rans. Your value proposition can make or break your business—make sure you know the reason people would want to spend their money on what you have to offer.
These are the types of questions I work over with entrepreneurs. Make sure you know these metrics inside and out before you invest your money, time, and a good chunk of your life in a new business.
Do you need to reboot?
Relaunch, pivot, and rebrand are all words used to discuss actions needed when you hit a wall—or a profit plateau—with your business.
Let’s say you have a moderately successful business—or you are just getting by. The numbers still look decent, and you want to stay with the business you built—but you are not making enough money. A lot has changed since you started your business and you have no idea how to make the most of the financial, marketing and social media tools now available to you.
Consider these points when you need a fresh start:
Whether starting new—or starting over—think about the reasons to be in the business you are in. Ensure your own personal and financial interests are strong enough before making commitments to move your ideas forward.
When you need help with a start-up, or refining your business plan for a relaunch, call me at 585-633-7563.
Yours in profit,
Bob Britton is an accomplished entrepreneur with 25 year’s experience starting, building and growing both brick-and-mortar companies as well as online businesses. He's personally built 3 companies from one man shows to the million dollar mark. Marketing Automation Group and the Automated Entrepreneur Method® are his latest brainchild. After working with hundreds of business owners in every walk of business, he realized there was a HUGE gap in the support and training that was available, and set out to fill that void with his no-nonsense, hype free approach to business growth.