ODR News

Welcome to Odr news

Nature

Surviving When Clients Arent Rolling In


As the holiday season starts to settle in, the workload for many Micro-Businesses can slow down.

Service-based businesses in particular consider this a slow time of the year. But, in reality, it's a great time for us to step back and reconsider the direction of our businesses.

Here is our top 10 list of "to do" items to get your business ready for next year:

1. Catch up on Correspondence
Respond to or file any and all business correspondence. This includes snail mail, voice mail, and e-mail. This would also include invoices, bills, and business leads. Make sure that you are organized and ready for after the holiday season.

2. Make Major Business Purchases
Research those business purchases you've been considering for awhile. Now, you can divert some of your attention away from clients to concentrate on these items. Invest in yourself and your business with computer software upgrades, training, workshops or Web site updates and improvements. You might be able to get some good deals and deduct the purchases off this year's taxes.

3. Review Your Strategic Plan
Business plans and marketing plans are dynamic documents. They can change depending on your needs or your target market's needs. Now, you can reflect on where you've been. Start planning where you'd like to be with an eye toward challenging yourself to achieve bigger and better goals for next year.

4. Read the Latest News and Books
Now is a good time to keep up with trends in your industry as well as local business news. You can familiarize yourself with topics that affect your business and your clients. Also, there are probably a ton of business books you've been wanting to read. Set a goal to read 2 of them by the beginning of next year.

5. Plan Advertising Spots
Set up next season's advertising opportunities. Consider including a mixture of traditional print, radio, Internet, upcoming tradeshows or events. This time of year, many are focused on the holiday season and wait until it's too late to plan their advertising campaign. Also, if you commit now, you might be lucky enough to get a holiday discount off the usual rates.

6. Re-evaluate Memberships in Business Associations and Organizations
Do they provide support? Camaraderie? Education? Referrals? Customers? If they aren't helping you meet one of your goals, the cost of membership may not be worth it.

7. Look at Your Customer Mix
Make a list of the types of customers you've been marketing to. Then, make a list of your actual customers. Do you see some key differences? If so, it might be worth tweaking your marketing plan or even some of your products and services.

8. Commit to Expanding Your Marketing into 1 New Area
Do you want to start marketing online? Holding workshops? Sending mailings? Writing articles? Pick 1 new area and add that to your marketing mix for next year.

9. Consider Alliances with Other Businesses
It's difficult to do everything when you are a Micro-Business owner. Building alliances can save time and money for everyone involved. They allow you to work with businesses that: 1) have products/services that complement yours or 2) have a similar target market.

10. Take a Mental Break From Business
Most of all, enjoy this time to yourself. Take in a sunset. Go to holiday parties. Spend time with family and friends. And, be thankful for all the wonderful events from the past year!

Some Micro-Businesses look at slow business periods in a negative light. Instead, do the opposite. Take this time to reflect on the past year's highs and lows and begin to change the direction of your company to better position itself for the coming new year.

Brett and Leila Johnson own Data-Scribe(tm), a New Mexico-based firm empowering Micro-Businesses through technology, the written word & training. To get more tips like this, visit their Micro-Business E-Library or sign up for their Micro-Business Gazette at www.datascribe.biz">http://www.datascribe.biz.

RELATED ARTICLES


10 Steps for Business Owners to Take if They Are a Victim of Identity Theft
Be aware that 40 million crooks obtained credit card numbers this past year, "Be Suspicious". Also be aware that most identify theft is not reported, especially when it involves family members, so the statistics are off.
Top Seven Reasons to Publicize your Business with Articles
Do you want to be #1-10 on Google and other search engines? Do you want quadruple your Web sales in five months? Promote your business to the top with these 7 reasons to write and submit how-to articles. 1.
Top 10 Ways to Use Quotations to Be Healthier, Happier and More Productive!
Most people have at least one favorite quotation from a famous or not-so-famous person. Some people collect them like baseball cards, figurines or classic cars.
The Seven Secrets of Top Performers
Let's put to rest the fallacy that success, in sales or any profession, is due to luck, chance, and/or hard work. There is nothing further from the truth.
Top Ten Reasons to Write a Sales Letter for Each Product? - Part 2
Authors/publishers are great at getting their books written. Entrepreneurs know their products.
Ten Tips For Staying Connected While Working Alone
Ten Tips for Staying ConnectedMany of my business clients tell me that what they missed most when they started their businesses was the camaraderie of an office setting. Small businesses often start with the owner as the only employee.
#1 Key To Select Right Business Partner
Having business partner or planning to start a business with partnership is a always a win-loose factor. Know one knows the partners inner instinct to deal business in several different circumstances and this is why we see the n number of broken partnerships.
11 Things Small Business Owners Can Learn From Star Wars
1. Great Things Take Time - Three years passed between the release of each movie in the two trilogies, and a lot of work went in to them.
Increase Business Profits - Ten Ways
How do you increase business profits? Answer the following questions carefully, and you'll have a good start.1.
No More Lists To Remember
Are the endless lists of Top-7's and Top-10's taxing your brain and your memory? Do you ever feel like trying to keep all these ideas straight, let alone apply them properly at the correct moment in time an overwhelming chore? How often do you find yourself having to review these lists? Perhaps endlessly until the next list comes out and then it's back to square one again.Wouldn't you rather live, work and be spontaneously effective, without having to pull out your "how to" lists? Just imagine for a moment beng able to live this way.
10-Point Checklist for High Visibility in Google
Google is the pre-eminent search engine (SE) with no close competitor. Given that inclusion is free, your Web pages must be in it.
7 Keys to Running a Successful Business
Although dentistry may appear to be different than other types of businesses, in reality it is a business. And although this article is written from a dentist's perspective on developing a successful practice, the principles can be used in virtually any business.
The Hidden Power Of Understanding: A Secret To Building Massive Momentum In Your Business
You're busy with your business today, aren't you?You're pushing your mind and body to the limit just about everyday to handle all the activities that need to be done. But something's missing.
Managing Your Major Sales - 7 Steps That Could Change The Way You Pursue Business
Ever lost a sale you thought was in the bag? Not an unfamiliar feeling for many businesses large and small. No matter how good you think your product or service is, everything finally boils down to your ability to convince others that it is good for them.
Increase Exposure, and Profits With Powerful Memorable Business Cards Using These Ten Strategies
Your business card is a valuable piece of real estate and a powerful tool for making a connection and starting a relationship that can show your potential clients the valuable solutions you can offer them.1.
Home Furnishings in India : How to Find an Exporter,manufacturer or Supplier ? Beyond a Database.
Looking for a manufacturer or supplier of home furnishings in India ?Don't know where to begin? Want to find a source but at a loss for resources? Want to do business in India, but unsure what is the best way to go about it?This article attempts to answer some of these questions.Firstly,unless you have a link in India, you will find it a difficult task to sift through the information available on the Internet.
Top 7 Strategies for Writing Accounting Procedures
Part Two of Cash to Cash Cycle SeriesNext: SalesWe've already found $250,000?so let's find another $250,000?Laying the FoundationLast week, we raised the question: what would your business do with $1,000,000? To lay the foundation we introduced inventory as the first of four areas that will lead toward our million dollar goal. And you saw exactly how to achieve the first $250,000 in cash savings by avoiding delays with an increase in velocity, as well as an increase in discipline and competency.
10 Tips to Successfully Use Business Networking as a Marketing Strategy
Networking is probably the best way to build a profitable business, or sales pipeline over the long term. Many of us understand the value of networking, but we don't always know the best way to go about it.
The Top Ten Qualities that Allow Business Operations to Grow Easily
My husband and I were enjoying our dinner meal one evening while discussing various plans and ideas. I was sharing that I wanted to submit articles and ads to a huge number of ezines to market my eProgram in a big way, and I wanted his help to make this happen.
The Warning signs of Online Fraud and How To Avoid It
The number may seem grim for Web-based commerce. In 2004 in the Unites States alone, computer users logged in more than 207,000 Internet fraud reports to the U.

Comments   0