New Eligible Employee Jobkeeper Rules
1. Increase the average sale to each customer
2. Increase the number of times a customer buys from you
3. Increase your number of customers
So that’s pretty basic.
Let’s get a little more involved with the process.
Within those 3 methods there is a multitude of ways to achieve the desired result. Here’s 3 suggestions on each to get started.
Increasing the average sale
1. Offer extra products or larger sizes with a discount on top of the original purchase as incentive (add ons).
2. Sell a Package of products to a price above your average sale.
3. Introduce a volume discount above the average sale price
Increase the number of times a customer buys from you
1. Introduce new products.
2. Offer annual volume incentives
3. Increase your number of customers
1. Ask for referrals from existing customers
2. Partner with referral businesses that have the same client profile as you
3. Buy another business
In readiness for a marketing push to attract the above outcomes you need to have a plan in place. Growth without planning is a recipe for disaster. You may end up not being able to deliver on time and with the same quality which will hurt your reputation and prospects for growth in the future.
So dust off your business plan and update it. If needed write a new one. They are not meant to sit on the shelf. Gine are the days you only did a business plan to get a loan. With the digital world we live in competition is tougher than ever and you need to maximize your potential to stay ahead of your competition.
It’s hard work but you don’t have to do it alone. The results can be well worth the effort.
The packages I offer on www.busap.com.au include a business planning and Success Program in my fast track package. There’s one of those packages I mentioned earlier.
Who is the Business Success Program for?
It’s for people who realize that they can’t do everything if they want to grow. They realize that they and their team members don’t have the skills or time to structure a business in a way that maximizes the sales, profit and valuation like our Business Success Program will do. We become your outsourced CFO and change manager. We work with you and a selection of your team fortnightly to maximize 14 components of any business to achieve the most profit and value possible. Then if you decide to sell it you’ll get the best price possible.
We have a range of business service partners we work with to provide specialty services along the way if required. Marketing, legal, HR, lending, leadership and even a business broker to sell your business when you can achieve the maximum price.
Click here to contact us for a free no obligation 15 minute chat about where your business is at present and where you want to take it. Contact us and reach your potencial faster and with ease www.busap.com.au (07 5512 3733)
info@busap.com.au
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