What happens when you create the fear of missing out on the best deal of the season? You increase your chances of getting more customers. If you're a small business owner struggling to get those sales numbers going in the right direction, this hack is definitely worth trying. In the post-covid industry with immense competition from other businesses selling extremely similar products/ services, it can be overwhelming to find strategies that can help you differentiate. However, if you're willing to offer better deals, chances are that your business will attract more customers not just now but in the future as well. Try this strategy and come back to share if it worked for you in the comments or share with us if this is something that has worked for you in the past. #smallbusinessgrowth #smallbusinessstrategy #sbgfunding
SBG Funding’s Post
More Relevant Posts
-
It can be hard to know if selling your business is the right choice if the opportunity arises, and it's certainly not a decision to be taken lightly. It could be helpful to consider the past, present, and future. Why did you start your business? Is there anything you could be doing to increase valuation? What are you going to do after you sell? Looking at your choices holistically can be a good way to gain perspective and help you reach your final decision. #BusinessStrategy #Business #ExitStrategy
To view or add a comment, sign in
-
Don't start a business to make money start a business to learn listen and solve . I know this post is going to go over a few people's heads however that is exactly how you reverse engineer the process to get what you want on the back end. consistently. Think about the future,not just the present moment and you will win . #-tips #dedicated #business #marketers #startupsadvice #sales tips rb.gy/v3wf0i
To view or add a comment, sign in
-
Selling your business isn’t the final step—it’s the launchpad for your next great adventure. Imagine the endless potential that awaits as you step into fresh horizons. It’s not about closing doors; it’s about opening new ones that lead to bigger dreams and untapped possibilities. What bold moves will you make next? #BoldTransitions #LimitlessPotential #EntrepreneurAdventure #OpenNewDoors #JourneyForward #InnovativeThinking #FutureUnfolded #BigDreams #BusinessEvolution #BreakingNewGround
To view or add a comment, sign in
-
We asked our returning customers to share tips on how they’ve used financing to grow and scale their businesses and what advice they would give to someone just starting out. "One of the smartest ways to leverage financing is by using it to bulk buy your most important inventory or supplies. By purchasing in larger quantities, you can often negotiate better pricing with your vendors. It’s a simple way to lower your per-unit costs and increase your profit margins" "Using working capital financing to pay your suppliers early can do wonders for your business relationships. Many vendors offer early payment discounts, and being known as a reliable customer can lead to better deals, priority service, and more favorable payment terms down the line." "Most businesses hold back during off-peak seasons. Use financing to go on the offense with marketing. Run ad campaigns, boost your social media presence, or even offer limited-time discounts. While competitors are quiet, you can be the one grabbing attention and building customer loyalty." These are just a few tips from our customers who’ve been there and done that. Share your growth hacks in the comments! #Entrepreneurship #SmallBusinessAdvice #BusinessGrowth #FinancingTips #SBGFunding
To view or add a comment, sign in
-
Navigating growth strategies can be a challenge for small businesses. But, with the right tactics, significant opportunities await. Anago’s CEO and President, Adam Povlitz, explores how embracing creative approaches like service bundles, subscription models, franchise licenses, and strategic partnerships can fuel remarkable growth for businesses of any size in his new article with Entrepreneur Media. For example, bundling services allows businesses to offer comprehensive solutions, enhancing the value perception and fostering customer loyalty. Subscription models provide a steady stream of recurring revenue, bolstering financial stability and nurturing long-term customer relationships. By incorporating these strategies, businesses can tap into unexplored opportunities, expand their reach, and thrive in today's dynamic marketplace. Read the full article to learn more about unlocking growth opportunities! https://lnkd.in/ei9TYyEA #Growth #Strategy #Business #SmallBusiness #Opportunity #Blog
To view or add a comment, sign in
-
Unlocking Value: The Hidden Treasure of Your Business in Sales When business owners decide to sell, the focus often goes straight to the obvious—inventory, equipment, real estate. The numbers are crunched, tax implications weighed, and profits projected. But there’s an unseen goldmine many overlook: your unique business assets. Now, think about this: You’ve spent years building your brand, refining your products, innovating processes. This isn’t just your business; it’s your legacy. Yet, so many sellers fail to factor in the immense value these assets bring to the equation. The result? Potentially leaving serious money on the table. Here’s why understanding your unique business assets could be your secret weapon: Brand Recognition: Your brand is more than just a logo or a catchy name—it’s the relationship you’ve built with your customers. A well-established brand can dramatically increase your company’s sale price. Competitive Advantage: Whether it’s a proprietary process, exclusive know-how, or even a secret recipe, these unique assets make you stand out in a crowded market. Buyers often pay top dollar for this kind of differentiation. Licensing Opportunities: These assets can generate future revenue streams through licensing agreements, making your business even more attractive to potential buyers. Enhanced Market Position: A strong portfolio of business assets boosts your market standing and enhances the overall perception of your business’s value. As you prepare to sell, don’t let these hidden treasures go unnoticed. Work with experts to assess their value, showcase their role in your success, and craft a strategy that underscores their worth to potential buyers. Remember, your business isn’t just the physical assets—it’s the innovations and creations you’ve built from the ground up. Don’t let these unseen assets be the hidden hero in your business journey. #BusinessSales #BusinessValuation #Entrepreneurship #MergersAndAcquisitions #BusinessGrowth
To view or add a comment, sign in
-
Easy to Kill ⚰️ If you are searching for a business to acquire and then run as its MD, make sure you know what to buy, and what not! Avoid buying a company with heavy client concentration, heavy suppliers concentration, or even worse - both! These businesses are fragile, they can be easily disrupted or have their revenue stream permanently impaired. #searchfunds #ETA #entrepreneurshipthroughacquisition #searchfund
To view or add a comment, sign in
-
Building a business is tough, but knowing when to sell can be even tougher. 🤔 Stick to the plan, and don't rush into selling just because you're tired. 🏃♂️💨 Have a solid exit strategy from the get-go, and you'll be more likely to sell for what it's really worth. 💰 Want to get it right? 🎯 Email us at devesh@axissolutions.com for guidance on making your business sales-ready! #BusinessExitStrategy #MaximizeValue #SellYourBusiness #TheCapitalistsCorner
To view or add a comment, sign in
-
Many salespeople stay stuck with the wrong company for years, not because it’s right for them, but because of something called the sunken cost effect. They've invested time, energy, and effort, and switching feels like starting over. But staying with the wrong fit can cost you more in the long run. Often we are stuck in a fishbowl and don’t even know what else is out there. Don’t let the fear of change hold you back from reaching your full potential. If you have an entrepreneurial spirit DM me about a new opportunity that may be better suited for how you envision your business. #SalesTips #CareerGrowth #MindsetShift #SalesSuccess
To view or add a comment, sign in
-
Former 8-figure CEO: “Only 4 out of 1,200 quit” (how one tweak led to $1 million falling to the bottom line) My mentor had a business with more than 3,000 customers They hadn’t raised the price of one product in years After sending an email to 1,200 of their customers That the price was going to go up --> Only 4 quit --> 1196 stayed on --> 99.67% continued paying Result: $1M to the bottom line In annual recurring revenue Moral of the story: Don’t overlook your pricing It’s the untapped growth lever
To view or add a comment, sign in
5,416 followers
Administrative Assistant/Recruiting Coordinator at SBG Funding
3dGood to know!