Quick Tips for Business Owners
- Revenue, Revenue, Revenue. Expenses are constantly coming, and in business, the only way to survive is to earn more money than the expenses. Because business doesn’t have a salary cap, a business can earn as little as $1 or as much as $10,000,000 on any given day – focus more time on creating revenue.
- Outsource Specialized Services. Because your time for generating revenue is precious, consider hiring employees or independent contractors to handle business issues and tasks that are not core to your business model. If possible, hire someone that can perform the work and has relationships that can help generate revenue.
- Relationships Lead to Revenue. People do business with people they like. Spend time getting to know other business owners, customers, and potential customers.