In general, we tend to not spend enough time on rethinking our general costs. Now that you are revising your yearly budget, it's important to have a brainstorm with your team to determine your strategy for the next 12 to 24 months and how to best invest your hard earned money. Below are a couple of … Continue reading Your business strategy post Covid N°4: Analysing your costs
Category: Crisis Management
With Covid-19 coming out of nowhere and completely changing our habits and way of operating our businesses, one of the very first thing to be cut was the marketing investments in order to control costs. Was this the correct strategy for your business? QUESTION 1: What have you put in place to retain your customers during the … Continue reading Your business strategy post Covid N°3: Your marketing
Your team and their well-being is the key to your success. From the moment an employee onboards, it's important to have an open communication and growth plan for them. QUESTION 1: Is your team still home working? If so, have you done an evaluation of how that is working out for them and what you can improve to make their work/life balance better? QUESTION 2:How has Covid redefined your company's vision? Have you included … Continue reading Your business strategy post Covid N°2: Your team
Schedule a full day with your team to brainstorm and ask yourself: QUESTION 1:Analyse your sales numbers and have a base for discussion. What percentage of your sales and profit do your top 5 products / services represent? QUESTION 2:Which of your product/services bring in the most profit? How has this evolved since Covid? QUESTIONS 3:Do you … Continue reading Your business strategy post Covid N°1: Your products / services offering
Don't miss my interview with Amnesty Coldwell from MINDBODY UK with great tips for a successful reopening of your business. Much success to you! https://www.youtube.com/watch?v=zzNHybOJV3w&feature=youtu.be