Subscribe to Bill's Business is Booming Coaching Blog 
Bill Stack, MBA's picture
Bill's Business is Booming Coaching Blog

9 Tips for Increasing Your Average Sale

Getting a few more dollars out of each customer can put startups on a fast track to success.

Walk into any McDonald's, order a Quarter Pounder, and the clerk will invariably ask, "Do you want fries with that?" Each affirmative answer (BECAUSE the question was asked FIRST) adds $1 or more to that particular sale. If just a fraction of McDonald's' 54 million daily customers say yes to that question, that's millions of extra dollars in the burger maker's pocket.

What If You Received $86,400 Everyday?

What If You Received $86,400 Everyday?

Imagine a bank that credited your account with $86,400 every day. Each night the bank cancels whatever is left in the account… whatever you failed to use during the day.

What would you do? Surely you would strive to spend every cent, every day!

Mindset, Attitude, Mentality, Philosophy - Tells what you will do (and what you won't do) to achieve true biz success

After meeting with business owners that are making fortunes in this economy and with people who are struggling, it becomes clear that TOP difference between these two groups of business owners is their respective attitudes.

Sometimes, since there is so much "news" that tells us how bad things are that business owners forget to look at the big picture.

They hear that there is a crisis and begin to believe it.  Therein lies their downfall from that moment until and unless that belief changes back to reality...

Business is Booming for owners who realize that their business WANTS to grow up and leave the house...

Are you letting your business grow?

How's this for a definition of a true business:  A commercial, profitable enterprise that works - without the owner!

Mentally "Checking Out" When You Hear the Word "Script" is Killing Your Business...

How to Use Scripts to Ensure Consistency in Customer Service

Is your first reaction like that of my clients - scripting doesn’t work, scripting is too artificial, scripting doesn’t take into account different personalities? I’ve heard just about every excuse as to why scripts won’t work; but, as I wean my clients onto the idea and they see their bottom line increasing, converts are made. Here’s how to get started.

The four main areas to consider when writing a script are:

Can Your People Do it the Same Way You Do?

Can Your People Do it the Same Way You Do?

-- Systems are your way of empowering your team to do large parts of your job just as if you were doing it personally. They can reduce your hours and stress by getting average people to do a great job…sound fantastic? Well, it is easy once you know a couple of tricks…

Three ‘Tricks of the Trade’ for Creating Systems

1. Work until it becomes simple

The next empires will be the empires of the mind. Winston Churchill

Speaking in a university setting following the end of World War II, Churchill, somewhat prophetically, predicted that with the collapse of some of the world’s military and political empires, the world was entering a new phase.  This new phase, he foretold, would be one where creativity, innovation, ingenuity and personal initiative would rule the day.

 

It's easy!

Or at least it's easier, in the long run, than what you are currently doing IN your business.

An Action Approach to Team Building

Putting together the “dream team” for your business can be as easy as taking an “action” rather than “information approach.” With a plethora of training options open to employers, it can often be puzzling to find the strategies that are going to achieve results.

 

Business is Booming for the Flexible and the Disciplined

NetworkingPhoenix.com recently sponsored a very successful ActionCOACH Business is Booming Tour seminar last Tuesday and it was a great night of learning from Brad Sugars, the founder of the global franchise that I belong to. Due in no small part to NetworkingPhoenix.com, over four hundred business owners and key managers learned that night the 28 different principles for growing a business, even in the “Down Economy”.

Team Building, Team Challenges

Today, quality initiatives, superior service, cost of doing business and succeeding at doing business are commonly shared ownership issues. Reliance on individual experience and competencies and even greater reliance on fragmented cross-organizational work units can actually prove prohibitive to achieving these.

 

Testing and Measuring is the way to eliminate wasted marketing dollars...

I use the term testing and measuring frequently. This practice forms an essential part of our ongoing mentoring programs with clients. What are we talking about anyway? It’s quite simple…read on.