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One Minute Business Checkup

How do prospects qualify themselves?

Can you remember the famous line from the yellow pages advertising?

Let your fingers do the walking

This is an obvious throw back to when all research was done by walking around and meeting everybody face to face.

Obviously in the fast paced world we now live in, time is at a premium and it is impossible to do all your research face to face.

Your web presence, if done well, can be the greatest qualifier that you have.

And think about this…it saves your time which is one of the most precious resources you have.

Think about it.. Would you rather be wasting time qualifying prospects or spending that same time doing more productive things in your business?

That may also give you more valuable time with your family or friends as well.

So the best way to do this is to be more transparent in your business by making information more readily available on line.

Your prospects can take as long as they like going through it and through that process are more qualified when you meet them face to face.

Do you have examples of prospects coming in to your business ready to buy because they’ve completely qualified themselves through researching online?

I’d love to hear your story

How long should I keep putting money into my business?

“How long should I keep putting money into my business when things are not working?”

When is enough enough? Many business owners wonder how do you know when it’s the right time to recognise something is not working and change strategy so as not to pour good money after bad. Today Andee explores this question.

The Vlog series comes from One Sherpa an online global membership community dedicated to helping small business owners succeed and prosper.

The series is filmed on location around Melbourne, Australia and answers questions commonly asked by small business owners.

This video is filmed from Sassafras and answers the question ‘How long should I keep putting money into my business when things aren’t working?’

How to prevent ‘tyre kickers’ in your business

Can you remember what it was like when you did all your research in person?

Those were the days when you went to display home villages and went through all the homes looking to see if you liked one that suited your lifestyle.

Before going you knew very little detail and were in no position to make any decision because your ability to do research was limited.

Fast forward to today and because of the internet and all the content online you can have a look through all the homes before you even go near the display village.

Most of this research is working out what you DON’T want. You’re qualifying which homes really are worth pursuing.

So how does this apply to your business?

If your prospects know very little about you then you have not allowed them to do sufficient research and you may end up with lots of ‘tyre kickers’ who waste your time.

Prospects should know more about you than you know about them.

If you have the correct web presence then they can find out enough about you to qualify themselves and also to be in a position to move more quickly once you have met them face to face.

What is your experience with tyre kickers?

How much of a time waster have they been in your business?

Why do banks always want my home as collateral for borrowings?

Do you ever feel like a slave just working to make payments to your bank. Many small business owners live under the pressure of debt and the worry that if their business fails or falters the bank could take their family home.

Today Andee looks at why banks want to take security over your family home for business borrowing and identifies two strategies that you can use to work towards a position in your business where you can release your family home from the clutches of the bank.

The Vlog series comes from One Sherpa an online global membership community dedicated to helping small business owners succeed and prosper.

The series is filmed on location around Melbourne, Australia and answers questions commonly asked by small business owners.

This video is filmed from Wicks Reserve and answers the question ‘Why do banks always want my home as collateral for borrowings?’

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