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Tuesday, April 17, 2012

It's Time for Spring Cleaning in Your Business


While helping prepare dinner a few nights ago, I asked my wife, Brenda, what I should write about in my next newsletter. As usual, she responds to my question with another question. She says; "Aren't you doing something like spring cleaning your business right now? Write about that!" It was a wonderful suggestion, so I decided to write about it. I actually do spring clean my business every year. It's something I recommend everyone does. So here are 12 Spring cleaning ideas:
1. Look for things that waste time, energy and money and stop doing them.
2. Evaluate services and products offered to make sure it is consistent with what customers will spend money on.
3. Evaluate and eliminate any products or services that are not producing great margins.
4. Set new goals and guidelines that will get you closer to your final objectives in your life.
5. Look for any possible cost cutting ideas or productivity improvements.
6. Talk to vendors and suppliers who may be able to negotiate better pricing and rates.
7. Re-evaluate my marketing strategy including the website, advertising, trade shows, etc.
8. Research any new ventures or possible investments.
9. Get rid of clutter, not only off the desk, but clutter in business processes. Research any technology that could help.
10. Find something that makes your organization significantly better than the competition and make sure you make a big deal about it.
11. Look at your pricing strategy, is it time for an increase? (Most likely . . . YES!)
12. Ask others for ideas, input and recommendations and reward them! Remember, you don't know everything!