4 Strategies to Increase Business Cashlow and Business Productivity

I am in the business of people and it is important that my online business consulting not only meets my reader’s expectations but also remains productive and continues to grow. In my crusade to exceed my client’s expectations, I am continually looking for ways to improve myself and my business. Finding ways for me to increase business cash flow and refining my business productivity is essential.

While recently listening to some Brian Tracy CD’s about productivity success secrets, I recognized my application of many of these same principles in my own business. I was curious if my business peers also applied these techniques to increase business cash flow and business productivity. I surveyed a number of business professionals – real people applying productivity skills in their daily business lives – to ask them about their personal methods for increasing business cash flow and business productivity.

Without me even mentioning the Brian Tracy CD’s, the survey takers unknowingly revealed every one of the Brian Tracy CD’s secrets throughout their answers. Though this in itself was intriguing, what I found particularly fascinating was that every one of the businessmen and women surveyed expressed the importance of four particular ways to increase business cash flow using business productivity techniques.

1. Make A Decision! We tend to over-evaluate what is really on the table. Many entrepreneurs will get stuck and not be able to get anywhere because they get caught in analysis paralysis. So, the bottom line is to quickly but skillfully present, evaluate and decide. Apply the KISS method (Keep It Super Simple).

2. Plan Every Day. Some will take this a step farther and recommend planning every day in advance. The common thread with all of the businessmen and women regarding this tip was that they applied a system to their “to do” list. There is a distinction between “urgent” and “important” and within each are varying levels of priority.

3. Eat That Frog. In other words, don’t put off the task that is the most difficult or the most dreaded. Instead, start with that event and get it over with. Once it is out of the way, the rest will seem easy resulting in you getting more done in a shorter amount of time.

4. Be Intensely Action-Oriented. This one goes somewhat hand in hand with number 1. But what is most significant here is to take action, any action. As Nike says, “Just Do It.” It is better to make a mistake and learn from it then to never have tried. Wayne Gretzky (the famous high scoring ice hockey player) was quoted, “you will miss 100% of the shots you never take.” Similarly, Thomas Edison claims to have discovered over 2000 ways that did not produce electricity before finding just the right combination which resulted in successfully creating electricity.

Only you can be accountable for your choices so be sure to educate yourself and learn everything you can to increase the odds of the success of your own business – including how to ensure that you remain proactive to increase business cash flow and business productivity.

Evaluate and develop how to increase business cash flow and apply business productivity techniques based on your own circumstances.

To yield you your best results, learn to apply the services and the productivity techniques that are best suited for you and your business.

Kerry is a loving wife and mother, who helps others through education, inspiration, and networking.

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What Is the Best Internet Business Product?

Anyone thinking of starting an online business will immediately start to wonder what is the best internet business product. The answer to this isn’t as simple as just giving you the name of a specific product. Instead, there are certain things you can look for in any product that will tell you whether it’s likely to be profitable or not.

Obviously, you want to know that whatever product you choose to promote has a hungry market out there somewhere. You also want to know that there is enough profit in it for you to make your marketing and promotional efforts worthwhile.

The best part about operating any business online is that you have a choice whether to promote physical products that need to be shipped out to customers or digital products that can be downloaded instantly. You also have the choice of whether to promote big-ticket items that earn you a lot of money per sale or cheaper items that earn a little per sale but tend to sell a lot more.

Here is a brief look at the advantages of each type of Internet business product:

Digital Products

Digital products like eBooks or software programs are the ideal Internet business product. You design and create the product just once before uploading it to your web host. From there, your customers are able to pay for the item and then download it directly to their computer instantly.

These types of products are extremely profitable, as customers are only downloading digital files. You don’t need to worry about shipping or postage costs and there is no handling to be done at your end.

Physical Products

Physical products can still be extremely profitable for any online business. Customers place their order and pay for the item on your website. When you receive the order you package up the product and ship it out to them. You’ll make money as long as your prices cover the cost of the item as well as the packaging and shipping costs plus leave some profit for you.

Big-Ticket Items

Selling an expensive item means far more profit per sale for your business. You might only need to sell one item per week to make enough profit to keep you going. More expensive items can sometimes be challenging to sell, but this shouldn’t deter you if you’re really passionate about what you’re promoting.

Cheap Items

Selling really cheap items can be an excellent way to increase any business revenue. People often purchase low cost things on impulse, so it can be really easy to sell lots of things quickly. As the price is so low your profits might only be small. This means you need to make a lot of sales regularly to turn that bit of profit into a decent income.

Combining Your Options

Some Internet business products can be used in combination with others. For example, you might offer a really cheap eBook for a couple of bucks that contains information your customers love. You can then use that cheap product to upsell other more expensive products you have available. If customers loved your first product they’re likely to trust you enough to pay for your more expensive items as well.

This increases your business revenue and makes it far easier to choose the best possible Internet business product to suit your needs.

This information is from Tom Hua Co-founder of the World Internet Summit – the worlds biggest internet business event.

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