From the Diary of Mentor: Buy and Sell

Showing posts with label Buy and Sell. Show all posts

Tuesday, 20 March 2012

How to motivate your sales team

There is no predefined highest achievable target when it comes to sales and it varies from product to product and service to service, so there is always some scope of improvement, but one can always push the target further and chase it, which should be further backed by rewards and incentive through company policy to motivate the sales team, Chasing an apparently difficult target gives a thrill and help keep the team and employees positively charged. Motivation can surely help. One can try short term training program or organizing a workshop by influential and motivating mentor in said field.

To know what’s common between successful business leaders see the following article http://fromthediaryofmentor.blogspot.in/2012/02/what-is-common-between-successful.html

advantages-of-niche-marketing.html

Follow @DiaryofMentor

How to raise money to start a small business

If your requirement is of larger scale you can approach any bank but only after consultation and advice from a Chartered accountant or any related accounts personal or may be people in your business field,

Borrowing loans from friend and family may be a good idea if your requirement is not big.

Review your business plan once aging scale it down to make it more realistic,

You can bootstrap if needed, you can also cut down on fancy technological stuffs and save on fancy office interior at the beginning of your business

There is no end till what time you will keep on saving, launch when you think its right time,

Do take your intuition in account,

Know Top Advantages of Niche Marketing, in the following article http://fromthediaryofmentor.blogspot.in/2012/02/top-10-advantages-of-niche-marketing.html

Follow @DiaryofMentor

Monday, 6 February 2012

How to leverage your business in 7 easy ways

Find out other similar area of business expansion

Create and maintain a synergy between these businesses

Cross-promote your products using products complimenting to each other through your different business

Faster service and turn-around time using business process re-engineering

Automate as many services and process as possible - Auto reply, FAQ etc.

Utilize Social media potential

Outsource time consuming complicated processes with predefined operating procedure"

You should learn how much value you have created for yourself through your expanding business and tricks to know your market position in the next article - http://fromthediaryofmentor.blogspot.in/2012/02/top-10-indicators-to-assess-your.html

Follow @DiaryofMentor