Monthly Archives: October 2016

Tips For Making Your Business More Profitable

If you are running a business that deals with selling goods and services, then you will realise the importance of keeping the business profitable. There are several different ways that you can achieve this, and these are some of the tips that you can use.

Find what’s in demand
The key to selling a lot of a particular product would be to first identify what is currently in demand. You could either consider the product that is in demand or the items related to that item. For instance, if there is a particular model of a smartphone that is expected to be released. If the product has a lot of hype, then you can expect that people will also be looking for other accessories such as covers and screen protectors for those who own the phone themselves.
Get paid for the calls that you receive
Another way of increasing your profits is to get a premium rate number for your business. What this means is that if anyone calls you using the number, you will get a fraction of the call charges credited to you. So in order for this to work, you will have to have some sort of reliable service that you can offer over the phone. These numbers may be higher than regular phone calls so it is advisable you don’t use this as your customer care hotline. 
Reward customer loyalty
Apart from using premium numbers providers to improve your business profitability, you could also have a loyalty card system. By issuing a loyalty card to customers, you can offer them certain discounts upon purchasing goods exceeding a certain valueor if they are long term customers at your store. Doing so will ensure that the customers will keep coming back to your store in future as they will get added benefits of doing so. As an added bonus you could also reward them with any referrals they make with new customers.
Have an online store
If you can open up an online website for your business in addition to the shop that you own, then you could end up boosting your business even further. You could either let customers place orders online or even purchase them online, withadded shipping charges included. This way you will reach out to more customers who may not even be in the same city or state that your shop is located in. You could also use this as a medium to inform customers of any changes in your business.
By following these simple guidelines, you should be able to make your business a lot more profitable.

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Productive Procrastination

Procrastination is the art of postponing or delaying something until another day or time. It is sometimes viewed as a negative trait, one that results in lost opportunities; but this ignores the fact that there are some very productive procrastinators out there; people who have not only learned to live with this so called character flaw, but have put it to good use. Productive procrastinators know that the best way to avoid doing one thing is to do something else, and they make sure they always have some less important tasks they can start on first. In this way they will complete a number of lesser tasks in the course of postponing the more urgent one.

Productive procrastinators will inevitably have a number of unfinished projects on the go at any one time and therefore require a large work area and an even larger raised storage Adelaide for them, especially the major ones which may be postponed for years. Usually by the time the procrastinator gets around to doing anything about the extra space, their 4 bedroom house will have become a 1 bedroom house with 3 storage rooms and they will be in urgent need of either a larger house or a garage.

Garage kits are a great solution; the size, shape and style can be chosen to suit the available land and house and fitted out for many different projects. But assembling the garage is likely to go to the top of the list of tasks to be completed, and therefore becomes the last to be tackled. Delays of years or even decades in assembling a kit are not unknown. The procrastinator’s best solution is to arrange for the garage to be assembled and at least partially fitted out by someone else, at the time of purchase.

The garage should ideally be a double garage at least, usually with a lot of bench space so as many projects as possible can be left in situ to inspire and motivate the completion of others. The family car of course will go into the garage eventually but that can be postponed until such time as some of the larger projects are completed, whenever that is. Much of the fitting out of the garage can often be done by the procrastinator. Putting up shelving, brackets and hooks, arranging and rearranging equipment and tools are usually viewed as less important tasks that serve to postpone others and a neat, well organised garage may indeed be the first sign of productivity.

Once completed the garage becomes an inspiration. With a dozen projects in various stages of completion laid out and ready to be tackled, it is only a matter of prioritizing and then working upwards starting with the least urgent. An experienced procrastinator will make sure they always have a few important projects at the top of the list ready to postpone, a vintage car to be restored, a boat to be built for example, and a number of minor but still useful tasks at the bottom. In such an environment a procrastinator is never bored, they always have all kinds of exciting things they should be doing.

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