Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Tuesday, July 13, 2010

Network Marketing Training- Who Are the Best MLM Small Business Prospects and Why?

There is a virtual Gold Mine out in the marketplace for network marketing and MLM that is being virtually ignored by most folks.

These folks have 5 things they bring to MLM that can prove to be absolutely invaluable:

1) Contacts around the country.

2) Existing clients.

3) Experience in the marketplace.

4) Exposure, credibility, and visibility to a lot of folks.

5) Capital that can purchase products.

Many of these folks are looking for other sources of revenue, as they are entrepreneurs, and understand the concept of multiple streams of income and revenues, which are available in Network Marketing.

Ok, who are these gold mines?

The Small Business Professional.

And this Gold mine is endless as far as potential, possibilities, contacts, sales, and profit.

We all need to get into our warm market, and rarely is a warm market totally exhausted. Most people never call on a third of their warm market. That is an industry fact.

But we ALL know small business professionals in our warm market, and they are a lot of times very willing to take a look at a "secondary revenue source".

Let me ask you some questions:

Who do you purchase things from on a regular basis?

Who do you buy your insurance from?

Who did you buy your real estate from?

Who do you purchase your groceries from?

These are just a few of the folks we do business with that can be a gold mine in network marketing.

INFERNO Secret:

Small business owners are looking how to expand and enlarge their current business and profits, and MLM has proven to be a great source of income for the right business owner.

Who would be some small business professionals?

1) Print Shop Managers/Owners

2) Book Store Managers/ Owners

3) Restaurant Manager/ Owner

4) CPA

5) Attorney

6) Stock Broker

7) Jewelry Store Manager/Owner

8) Service Station Owner

9) Local Pharmacy owner

10) Grocery Store Owner/ manager

11) Book keepers

12) Fitness Trainers

13) Health Professionals

14) Medical professionals

15) Consultants

The List is endless. Everywhere you look is a potential Gold Mine for your MLM business. Look in the yellow pages, and the Chamber of Commerce.You will be shocked how large the market really is.

The average city has literally hundreds and even thousands of small business owners, and they all have one thing in common:

Wanting to enlarge and multiply profits.

INFERNO Secret:

Try to stay within the range of 10- 25 employees to start off. This is a good number and usually the owner is in a position to make the decisions without a lot of red tape.

Start contacting the small business owners you know, and ask for their help. Ask them to take a look at your Network marketing products and services, and consider making them available to their employees at a discount. Ask if you could do a mini seminar at their place of business after hours.

And then run the idea past them of having a secondary revenue source themselves with your products.

We were blessed to recruit hundreds of small business owners in our group, and it really was easy, once you got your first one.

They brought in the rest into MLM and Network Marketing.

Blessings...Doug

PassionFire Intl (c) 2005/ all rights reserved

http://www.passionfire.com

http://www.passionfire.com/pf_heat_8.html

Tuesday, June 8, 2010

Lawn Care Business Contracts - Get Professional

Customers are important and you want to make sure you keep them. Finding new ones can be costly and time consuming.

For a professional approach and to increase your chances of keeping them, put your services in a contract. Yes, a written agreement. Many companies, you probably wouldn't expect, use contracts. So get on the bandwagon.

You may be unable to do this with some customers, but many will be open to it. It show's professionalism. A contract doesn't have to be looked upon negatively. It can actually comfort a customer. It shows them you are serious about the business and you will do what you say you will.

Some key points to include in a contract are

* Services

* Address(es)

* Payment Terms

* Termination

* Renewal

* Hold Harmless

Services

Make sure to list what will be provided. Be extremely specific. For example, when cutting a lawn list whether it will be bagged. For leaf removal, tell how many times a year it will be done. Don't just put leaf removal. The customer may think it is 1 time a month during the season.

If doing a lawn spray service, list how many times, when, and what applications will consist of.

Always include how many times and when with a clause in the contract to compensate for weather conditions. Make it easy to understand.

Address(es)

Some business may have multiple locations and branches such as convenient stores and gas stations. Make sure you list the address and name of each business you are servicing. Different locations for the same company may have different services.

For example, some gas stations may require more mulching or leaf removal than the others. Make sure you are specific in what you will do for each of the locations. Try not generalize. It could burn you majorly.

Payment Terms

List how and when you expect to be paid. Most payments are expected upon invoice, but some big companies expect to pay 30 days after receiving the invoice.

If you want immediate payment for certain jobs stated in the contract include it. Give them an incentive and offer a discount for paying within 7 days of the invoice and penalize them when they do not pay within a certain time. Consult a lawyer and find a percentage that is fair.

Some contracts consist of one easy payment once a month. They add all the services' payments over the course of 1 year and divide by 12. For example, if all the income for 1 client totals 50,000 for a year, divide 50,000 by 12 months = $4,166 per month.

Termination

Have a clause in the contract so you or the customer can terminate the contract. You never know what will arise. You could become ill or unable to continue. A 30 day written notice from either party is fair. Don't burn your bridges and be professional.

Renewal

If you and the customer are pleased, having an easy way to continue service after the contract is up is a MUST. This avoids having to write a new one. That's why a clause should be included.

You can say the contract automatically renews or that the customer should notify you 30 days prior to the end of the contract to discontinue service. There are many other ways to accomplish to do this. This is just one.

Hold Harmless

An agreement that states your company agrees not to hold the customer liable if you or one of your employees gets hurt while on their property. Liability and workers compensation insurance is important for this type of agreement. Some customers may require this, but most bigger businesses require that all service
professionals show proof of this business insurance even if it is not required by law.

A contract is a good thing. It helps in business planning. How many employees will be needed at certain times of year, how much inventory needed, types of fertilizers and chemicals and what quantity. Also, will let you know if you are able to afford new equipment or vehicles. Plus, it shows professionalism.

I spoke about the words contract and signature(sign), but please use these instead when dealing with customers- Agreement and OK.

I need you to sign right here OR

I need your OK right here.

Saturday, June 5, 2010

Why Your Business Needs to Be on the World Wide Web!

Did you ever wonder why a url (uniform resource locator), that you put in the Google tool bar, starts with WWW? Did you ever know what it meant? WWW stands for World Wide Web, and no matter what type of business you have, from online home business, to a brick and mortar business you should be on the world wide web.

The latest stats for internet users is over 1 Billion and growing. That statistic alone should peak your interest for wanting to communicate and share your product or service with the world wide web.

Instant Success

As a brick and mortar business, you pass out flyers, business cards and maybe have an ad in the local newspaper. What happens if you decide to run a special? How long would it take to reach others using flyers and the newspaper? If you have a website on the internet, it could be done instantly and go out to billions of people.

Maybe you only want your ad to stay local, that is ok too. Just advertise the city your business is in for the special you have, and with the internet you will be able to reach everyone in your city.

Most businesses would run their ad in the yellow pages. What happens if you change your phone number, or the county changes your address? How will anyone find you? The ad you place in the yellow pages will not change for a year. However if you have a website on the internet, you can change anything, anytime you want. What better way to keep your customers informed of your location, phone and specials!

Say you own a restaurant and it is known as having the best burgers in town. People that travel now days search on the internet for restaurants and places to see before they take their trip. If they happen to search for a great burger and your website comes up, Bingo! They will be coming to see you when they hit town! How cool is that!

Lazy Days

Believe it or not there really are a lot of lazy people now days. They would rather order something off the internet than have to get in their car, drive a few blocks, or miles and go shopping. If you have an online marketing business, and there are literally billions of people on the internet, think of how many will be coming to your website and buying!

Before people will whip out their credit cards now days and buy from you, they want to know how trustworthy you are. Another reason to have your business on the world wide web. You can have all your information about your product, service and YOU along with testimonials for people to read, all on your website. You can also have an order form, so with a click of a button, people can buy from you directly off your site.

24/7 Business While You Sleep

Customers may have a lot of questions about your product or service and you really do not want to spend hours on the phone with them, that could possible take up your whole day. Having a FAQ (Frequently Asked Questions) page on your website will eliminate all those phone calls. That way you can spend your time doing things more constructive than talking on the phone, answering the same questions over and over again.

Since the internet is a world wide web, what about all those foreign countries that may want to order from you? Could you just imagine getting phone calls at all hours of the night and day. With a website, they can order at anytime and you will not be loosing any sleep over it. How exciting to wake up in the morning and have sales already processed through your website! A 24/7 business while you sleep!

With the World Wide Web, what ever your product or service may be, you can reach anyone at anytime, anywhere! That is why you should have your online home business or your brick and mortar business with a WWW!