At almost some point in your intrepid entrepreneurial career you will find yourself in the need of the financial wherewithal to fund a project you desire to get off the ground. Maybe it is "off the ground" per say, but needs an infusion of cash to really start producing. So, how do you find this seed...
Most American households have at least one pet. Pet ownership in the U.S. has more than tripled from the 1970s, when approximately 67 million households had pets, to 2012, when there were 164 million owning pets. In other words, in 2012, 62 percent of American households included at least one pet.
This was my runner-up to the Book-of-the-Month and is our in paperback by Dr Jerry LeMieux (Author), MGen James O Poss (Introduction). If you want to start a drone business, this is the book for you. From horse carriage to car, from standalone PC to internet, drones will revolutionize the aviation industry....
The main goal when starting a new business opportunity is to follow every lead and make the most of any potential client. However, what happens when that client you tried so hard to acquire becomes too difficult to handle?
It is hard to get past the notion that every client means money in the bank, especially when you’re running a small, home-based business. However, if the client is sucking up all of your time and energy, it might be time to move on. Take a look at your current client list and see if you can pinpoint which ones might be toxic, and then cut them loose.
What is a Toxic Client?
A toxic client is poison to businesses large and small. Generally speaking, a client becomes toxic when the bad outweighs the good. The big guys have more manpower to deal with these fussy clients, but if it’s just you running your at-home business on your own, you have better things to deal with. Here are some indications that your business lead has ended up NOT being worth the effort:
They want your attention all the time. Some clients are needier than others, and there is nothing wrong with that. However, each and every client has to understand that you are a small business opportunity, and that you can only do so much on your own. If all of your other clients are perfectly satisfied with the amount of attention they receive, then there is no need to hire extra staff to appease one overly whiney client.
They always want a discount. Many small businesses are happy to give reliable clients a discount on products and services as a “thank you” for their continued devotion. When clients start to demand discounts or ask for ridiculous rates, they’re no longer worth your time.
They won’t refer you to anyone. Some clients sing your praises to your face, but refuse to give your name to others that could utilize your business opportunity. You shouldn’t suffer because your client doesn’t want to share.
The client is just plain rude. There is no need for anyone to be rude in a professional setting – period. It’s one thing if you’ve made a horrible mistake, but any good business owner will fess up and apologize immediately, and the client should respond accordingly. And if you have clients that are rude on the phone or in person for absolutely no reason, then get rid of them; you don’t need abuse.
There are many more ways that a client can be toxic to your business opportunity, but the four above are easy to spot. Overall, you have to weigh the pros and the cons of what the client brings. If the client is nasty to everyone but spends a lot of money and has great contacts, then maybe you can overlook one flaw. However, if the client is draining your energy and ruining your mood so much that it’s affecting your small business as a whole, then it is not worth the pain for a little extra income. There will always be new business leads and new clients around the corner, so don’t fear that your toxic client can never be replaced.
As for how to eliminate the toxins, it depends on the client. One solution is to let the client know that your business is simply making cuts at the moment to refocus. Or, you can honestly explain why you can no longer work with them, and perhaps this will get the client to make a change and save the working relationship. Overall, just be careful not to burn any bridges, because you never know when you could use that client one day, and you also have a reputation to protect.
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In this new digital landscape, writers and content marketers are key players in the search optimization...
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For most in the opportunity sector as a whole all general business practices apply. In this case, following the K.I.S.S. Method is wise. For this of you who are not familiar with the method here is the true definition: "KISS is an acronym for "Keep it simple, stupid" as a design principle...
Here is another installment of The Special Sauce by Kevin James Culp. Over and over, we hear the term 'Rich Content' or 'Be Content Rich' on your website and your blog if you have one. The blog is more important to have almost real-time relevant content that is updated, motivating and in context to...
by Steven A. Bailey Founder/CEO ElderCare Resources® USA and Serving Seniors™
Last week I found myself in a discussion with a group of entrepreneurs whom were all between the ages of 55 and 67. Other than the fact that we were all able to get a nice discount at the movie theater, we were...
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Starting – or expanding – a Business? Then you’ll need to pay close attention to your most valuable asset – YOUR EXISTING CUSTOMERS. Loyal, happy customers will bring in over 80% of your future sales. They are a goldmine of potential profits.
The problem is many businesses spend all of their marketing dollars chasing new customers. And foolishly, they spend nothing to keep these newly-acquired customers happy.
To make matters even worse, the expense of finding new customers and the high cost of advertising keeps most small businesses teetering on failure.
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But there is a simple, affordable solution to this problem. And it’s why you need: