Edmonton Business Coach | It Isn’t Supposed To Be Easy
Contact and Edmonton business coach today for a free consultation. We will sit down with you and do an assessment of your business and see where any holes on your current business model, when ways we can give you more time freedom, and the financial freedom that you are craving.
When you call inspired method marketing and coaching one of our Edmonton business coach professionals will guide you through our step-by-step proven strategy to help you grow your business.
Starting a new business is not easy. There are a lot of struggles and challenges that happen along the way as you were wanting to develop that time freedom and financial freedom that you’ve always dreamed of having.
When you start with your new business, you cannot can have all the questions answered in the beginning. It’s going to take a lot of trial and error when deciding what problem you solve the marketplace, and what you’re going to focus on.
There are simply not enough time, or money available for you to serve every possible person or scenario that exists. You’re going to have to choose and find your lowest viable market in order to help them more effectively. And you don’t necessarily have to have a large share of the market in order to be most prosperous person in more direct family.
We talk with a lot of small businesses, as an Edmonton business coach that think they have to have a large portion of the market in order to create a viable business. This simply isn’t true. You can get fine with having 1% of the market share and create a very strong business.
When you are just starting out your business the owner has to invest in a lot of extra time and energy than they ever thought they had to. This is one of the common myths of a small business thinking that they can work whenever they feel like it and still create a good business. Even though there are certain things that you can do to structure your time favourably, there still a lot of hours that you have to put in to make everything flow nicely.
And when you are figuring out your service offering, you don’t have any help with all of the extra things that large companies with big teams take for granted. When you’re new business owner you have to do everything. You have to do sales and marketing, you need to do bookkeeping, and take care of customer needs.
Once you have enough cash flow in the business that he can start thinking about hiring more people to help with the work. We have to do when starting a new business is due all of the jobs, create systems and processes around those jobs, and then find people to replace you if these tasks.
This can take several months or years depending on your business and how fast you’re able to grow.
Edmonton business coach | what helps with scaling
When you’re working with our Edmonton business coach, we will show you how to create duplicatable and scalable systems so that your business can grow long term.
In order to scale your business, you have to have great systems in place. When you don’t have great systems in place then you are going to have to reinvent the wheel every single time you are helping a customer. But once you have a repeatable and duplicatable system, you can then think about scaling your business to grow locally, and nationally.
Initially when you’re starting your business, you are responsible for all of the sales and marketing for your business. You’d be wise to contact an Edmonton business coach at inspired method marketing and coaching in order to get you started on the right foot. We can help you with proven methods of how to grow your business and help create those systems that will give you the freedom you looking for.
It can take a very long time to implement these scalable marketing and sales systems, but once they are working for you automatically, you have an incoming flow of leads that you will need a system in order to handle all the leaves that are coming in. And these are just some of the things that we can help you with as your Edmonton business coach.
One problem that we see in small businesses is may oversell their products or services. You might be asking yourself, how can overselling be a problem?
When you oversell your products and services, sometimes you don’t have enough cash flow in order to fulfil the orders that are coming in. This means that you run out of cash before you have the opportunity to fulfil the orders and if you don’t have enough cash, then you have to lay off people.
This is not an ideal situation, obviously. That’s why growth has to be handled with care. You have to be thinking about when your invoices are due and when all of your bills come due. You have to have good relationships with your suppliers and others who you rely on for your materials and equipment.
So don’t like cash will be a problem for you and your business. Speak with an coach at inspired method marketing and coaching and will be able to guide you in this process to make sure that you are doing things the smart way and not coming into trouble with the growth of your business.
Some people believe that you can grow your business by hiring outside talent. This is absolutely not the case. Research has shown that any business that outperforms the market place, has had talent promoted from within.
This is not something that happens overnight, but you should be planning for this for about 5 to 10 years. You can take a long time for you to find the right staff, and leaders to put in place. If you will your business to be running without you, you have to invest the time to develop those people over time.