66. Increasing Revenue
With costs going up like crazy right now, many business owners have figured out that they need to increase revenue. But there are many way to go about this, and sifting through all the possibilities can be confusing. What's the best method for you? Tune in to find out!
With costs going up like crazy right now, many business owners have figured out that they need to increase revenue. But there are many way to go about this, and sifting through all the possibilities can be confusing. What's the best method for you? Tune in to find out!
Many business owners are feeling a lot of stress because it seems that they must choose between absorbing all the higher costs we are seeing in 2022, which will dramatically reduce their profitability – or even stability, or raising prices to the valued customers they’ve worked so hard to get, and saying no to wage increases their employees, who are the lifeblood of their business.
I hear business owners talk about the struggles they are facing when they must make these difficult choices and/or have very uncomfortable conversations with customers and employees.
If this sounds like you, let me take a moment to tell you about the upcoming webinar I am hosting to address these exact issues, and it’s available for you at no charge.
This webinar is for business owners in service industries who are feeling the strain of the serious problems we are facing in 2022.
During this webinar – which will last about an hour and half, you’ll learn:
· How to precisely know how much your business can absorb increased costs and/or increased employee pay while still maintaining profitability
· Creating a plan for your business to overcome the rising costs of fuel, supplies, and materials
· How to approach conversations regarding necessary price increases with your customers, including training your employees
· Options for helping employees overcome their temporary, increased financial needs – besides permanent salary increases
· How to approach the conversation with your employees regarding their expectations for pay increases
We are also entering the 2-week open enrollment period for my group coaching program – and the next one isn’t until October – so you’ll get a chance to learn what all is included for just a few hundred dollars per month.
The webinar is at noon Pacific on Friday, June 17th.
To register, just go to www.businessownerswebinar.com.
