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Winfree Business Growth Advisors, Results Guaranteed!

LOUISVILLE, KENTUCKY…

In today’s economy, businesses face many challenges. Yet according to business coaching franchise Winfree Business Growth Advisors, the real challenges a business faces are there in good and bad economies. Winfree Business Growth Advisors refers to those as “The Seven Major Killers of a Business”.

“There’s no question our economic times play a role in whether businesses succeed or fail. More often than not, a bad economy exposes a business’s flaws,” said Dr. Keith Winfree, founder of Winfree Business Growth Advisors. “Ninety-five percent of the businesses that fail will fail because of one of the Seven Major Killers of a Business—and a bad economy will only hasten that result.”

The Seven Major Killers include:

· Marketing and Sales
· Recruiting and hiring of the right people for the right job anywhere in a company
· Coaching and mentoring of key people anywhere in a company
· Cash, gross margin, and net profit
· Business valuation, exit strategies, succession planning and business transition as Business Brokers.
· Innovation through quality improvement and other industrial engineering processes (Baldrige National Quality Program)
· Leadership/Legal/Risk Management/Wealth Management

While any one of the “killers” can put a small business under, Winfree cites recruiting and hiring of the right people and coaching and mentoring as the two critical ingredients.

“Hiring the wrong sales people is a common area where business owners go awry, usually because they haven’t clearly defined what they’re looking for in a sales person and then fail to mentor and manage them once hired,” said Winfree. “The end result of hiring the wrong sales person can cost a company as much as 0,000 in lost sales and damage to the company’s reputation. Two or three bad hires can literally kill a business.”

Located across the United States, Winfree Business Growth Advisors coaching franchises help sales professionals and small business owners maximize growth potential and take their respective businesses to a higher level through cutting-edge sales coaching, business coaching, sales training and seminars. Unlike other business coaching franchises, Winfree Business Growth Advisors coaching franchises guarantee results.

In addition to coaching small business owners, Dr. Winfree speaks to many business organizations. Those interested in having Dr. Winfree for speaking engagement can call 800-616-9260. To purchase a copy of Winfree Rules of Surviving the Sales, Marketing and Business World, an e-book which sells for .95, visit Winfree Business Growth Advisors Web site at www.winfree.org.

About Winfree Business Growth Advisors

Located across the United States, Winfree Business Growth Advisors coaching franchises help sales professionals and small business owners maximize growth potential and take their respective businesses to a higher level through cutting-edge sales coaching, business coaching, sales training, and seminars featuring Winfree’s signature Black Belt System™–a Five Phases and 12 elements covering everything from initial marketing efforts to customer retention.

Winfree Business Growth Advisors currently runs coaching franchises in California (San Francisco and Los Angeles), Illinois, Kentucky (Louisville), Massachusetts (Boston), New York (Manhattan), Texas (Dallas-Fort Worth) and Virginia (Hampton Roads) as well as in Canada (Winnipeg, Manitoba).

For more information on Winfree’s programs or franchise opportunities and available an Area Development territories, please go to www.winfree.org or contact Dr. Keith Winfree at (800) 616-9260.

3 Guaranteed Business Growth Strategy You Can Use To Sustain Your Business

Every entrepreneur desire growth in his/her business. Every business need to grow, and sustained growth is the dream of every committed business owner. Starting a business is one thing, growing the business is another thing but sustaining the growth and staying ahead of competition is another game entirely.

Without wasting much of your time, join me as i unleash to you five business growth strategy you can apply to your business:

1. Do Your Best To Preserve Your Customer Base: You know how difficult it is to find a new customer. I am always an advocate of keeping your existing customers happy by any means necessary. You can sustain your business growth by enticing your existing customers and developing more complex relationship with them. This will make it difficult for them to switch to your competitor.  I feel this is the most important business growth strategy you can employ.

2. Do All You Can To Increase Your Market Share: Always give your customers a reason to come back. Try to be the best to your customers and encourage them to tell their friends about your business. Attracting customers away from your competitors can prove to be tough, so you must apply every weapon in your arsenal to give any new customer the best you can. Offering higher value and quality service is essential at this point in time. If you want to sustain your business growth, you must strive to increase your market share.

3. Exploit Market Trends:  Of all business growth strategy i am sharing today, this strategy can make or break your business. You must keep your eyes and ears open to take advantage of any available industrial trend. This can be achieved by monitoring the industry for changes in buying criteria, product or service innovations and population trends.  Trend is your friend, never resist change. Instead, be quick to adapt to change. This can be a competitive advantage for you.

4.           Keep Your Eyes Open For New Business Opportunities: Being an experienced entrepreneur, i can confidently tell you that you can never talk of sustained business growth without having a diversification plan. Few years ago, a mentor of mine went to replenish his stock. He actually had in mind to buy his regular goods of motor parts but on getting to the marketplace, he discoverage that there was shortage of motorcycle parts. He carried out preliminary feasibility and found out that motorcycle parts scarcity was impending. Though not a motorcycle parts dealer, he invested all the money he had budgeted for his motor parts into buying motorcycle parts. He was not a motorcycle dealer, he was not experienced in that field but he took the risk and invested all he had into purchasing motorcycle parts. The business bombed and he made millions. Today, this friend of mine sits atop a conglomerate. The lesson from this story is you must keep your eyes open and be prepared for opportunities when it comes.

5.           You Must Have A Diversification Plan:  This is the last business growth strategy i can share with you for now and it is as important as the others. When you have made it in an industry or you feel your market is saturated or has grown too competitive. Don’t hesitate to diversify. Diversifying into other industries will help sustain your business growth. When developing business growth strategies and plan, always remember to include a future diversification plan.

If the five growth strategies prove too tedious to apply, then try implementing at least three of it. 
In conclusion, I wish you the best of luck as you strive to grow your business. Good Luck.

Ajaero Tony Martins is a serial entrepreneur, investor and a prolific blogger. He blogs about his entrepreneurial experience and provides hard core strategies for Starting a Business from scratch and handling Business Challenges

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