Year: 2021

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Using the scope of relationship-building to grow your business.

Hello ladies, relationships bring trust, sales bring Money
Which do you want?

These questions will guide you through the usefulness of using relationships to make sales.

Tip 1: Customer Satisfaction

A customer satisfaction survey helps you track your progress and adjust where necessary.

Feedbacks from your users are also very important to gather info, reviews and testimonials etc.

Tip 2: Ask for a referral and also make referral.

Business is a two-way thing and as you are helping yourself, you are also helping your customer. Your services can trigger your client to refer a friend or a colleague. Also how you relate with your client is very important.

Have that relationship of a problem solver, she’s patronizing you and your are also helping her by referring her to someone she needs. This is perfect way to define NETWORKING.

Tip 3: Seek Business Women Hub to help promote your products

We have several platforms here at Business Women Hub to help promote your products and services. You can also relate with contacts on this group to help with promotion. You need to have that networking spirit in you.

Tip 4: Join the professional organization of your business sector.
Professional organizations provide you with resources that you may not find readily available elsewhere. It offers to report on industry studies, news, and trends for members. Having this information at your fingertips provided by an organization can save you time and keep you well aware of industry happenings that will affect you.

Tip 5: Plan your next promotion/gift for your best customers.

For years, businesses have used giveaways to gain attention from followers on social media.

Over time, companies have been implementing creative giveaways in order to build email lists, boost online engagement and build those trusting relationships with their customers.

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Financial management is a skill an entrepreneur needs to be successful.

The necessary skill to be acquired as an entrepreneur is financial management, it is very important to develop one’s financial management.

Knowing how to manage and grow your finances is essential. You might be a whiz with this aspect of running a business, but if you’re not, you need to make sure you hire someone who is. Expect to lose money early on as you build your brand and your reputation. This means you need to have enough start-up capital to cover early losses. Once you become profitable, you need to have a plan for where those profits will go. Depending on the nature of your business, you might wish to expand, open additional branches, or invest in developing new products. Whatever your priority, have a plan for getting there and how you are going to fund it.

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why you should start making plans to expand your small business

Hello ladies… welcome to a new day to make deliberate actions.

Have you been making profits in your small business for a while now, do you have an expansion timeline/forecast?

The benefits of spending money to grow your small business include:

• Developing a new product line, re-positioning your brand through new brand items.

• A proportionate savings in costs gained by an increased level of production.

• Increased capacity to attract qualified team who can further improve the organization.

• Expanding geographically to take advantage of opportunities in other markets.

• Access to a wider variety of financing (at a lower cost) from banks, financial institutions, crowd funding(esusu, cooperatives).

• Eventually becoming a public organization so that shares in the business can be bought and sold on a stock exchange, giving ownership an opportunity to sell shares and recoup their investment.

It is important that small business owners have an expansion forecast in their timeline. This way, as the profits come in, you work on keeping a clean record to aid a quick expansion process, which will further boost your sales and make your brand formidable.

What are your expansion plans? How do you think we can work with you in achieving this? You can reach out to us to further discuss this.

Kindly share with a friend.

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How to get customers on your side

Customers need to know you are on their side when they contact you for your services.

Putting yourself in their shoes, will you buy from someone who does not at least try to consider you , your style and what you want?

A lot of times, sellers try to push customers to do things their way, not the way the customer wants it.

In this post, we have listed ways a seller can prove they are on the customers side to show their enthusiasm and commitment to helping customers, according to the experts at Communication Briefings. These includes

  1. Use a more definite response that gives a lot of certainties more life “I Sure Can” instead of “I Can”
  2. Say “that is exactly what we need” instead of “that will work”.
  3. Say that “Here is what I will do” instead of “I can’t”
  4. Say “I will find out” instead of “I don’t know”
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Content tips you can use for your small business.

Hey ladies, in this post we have listed some tips for content creation for your business.

Anyone can create irrelevant content. Creating content that has been published, republished, reworked, and repurposed a million times is easy and not very good for your brand – with copyright laws & the risk of it not been the right one for your brand.

But creating valuable, relevant, quality content is hard. It takes time, effort, energy, resources, and knowledge. Most of this—in small businesses—is wrapped up in the owners who are also tasked with running the business, serving the clients, and managing the marketing and sales.

Also, in all honesty, just the thought of content creation can make many business owners cringe in horror.

Writing and content creation, especially if you’re out of practice, is not fun. Then when you add on the pressure of making it something your audience will drool over and engage with can be incredibly intimidating.

Studies have shown that :

•Website conversion rate is nearly 6x higher for content marketing adopters than non-adopters.
•73% of B2B content marketers are producing more content than they did one year ago.
•95% of B2B enterprise marketers use content marketing.
•86% of B2C marketers use content marketing.
•60% of marketers create at least one piece of content each week.

Your audience and prospects are using social media, they click links, read blogs, watch videos, listen to podcasts, subscribe to newsletters—and they share the high-quality, high-value content with their friends.

Consumers buy when they’re ready to buy, not when you’re ready for them to buy.

If you’re not there, top of mind when your prospects are ready to buy through content creation, know that your competitors will be.

Keep winning ladies.

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How to get funding to grow your business

Good morning ladies😊.

Having a business idea/being entrepreneurial is really great, however the dreams can become dead with lack of funding.

You probably need a website, you need to get your business registered, you need some office space whether shared , full or virtual, a social media/tech team, at least enough cash to start production. All this means, you need money, regardless of what you are going into, most businesses and most entrepreneurs require at least a little bit of funding to really get off the ground in their early days.

During our live session with @lindaochugbua on “The Possibilities & Challenges of Accessing Funds for Small Businesses”, the highlights in this post were stated as the sure places for help in finding funding. Thus, check through for a first time founder’s guide to where to look for funding, and choose which type might be right for you.

Have a nice day.😊

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Best Email app for your business

Hey ladies… Cheers to the mid-week.

Today , we will share our 3rd recommended emailing app.
If you are in need of an email app to boost your productivity like most professionals are, then Dispatch is the go-to email app that gets the job done. Quickly sort and organize by swiping and create standardized responses called snippets in order to send out replies more quickly while still making sense.

Dispatch works with 31 other apps (including Evernote, Chrome, and Twitter) and supports most IMAP services (including Gmail, Google Apps, iCloud, AOL, Yahoo!, FastMail, QQ.com, GMX.com, and Openmailbox.org.) so it’s guaranteed to streamline your current stack of productivity apps. Instead of using push notifications, Dispatch “fetches” and notifies you of new emails even when it’s not running.

To avoid distractions, you can choose to have badges for unread emails show for just some of your accounts. The truth is that it’s easy for your inbox to get flooded with unwanted or duplicative content, which is why users love using Dispatch to quickly sort, archive, and delete emails. Inbox zero? With Dispatch, it might be possible. This is great if you spend most of your day in your inbox.

We hope you get inspired to sort out and organise your emails & communication with clients adequately using any of these email apps we have shared.

Remember we are committed to supporting you all the way.

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how to make your business viable

Liquidity vs Viability

Hey ladies, great morning to you. We just thought to share the below with you.

Liquidity is more of a short-term measure. It refers to the ability of a business to quickly turn assests into cash without loss. If your business needs money, you may have to sell assets. Unless the asset is cash, the most liquid asset of all, you may lose money by selling. For example, you may not get full value if you sell receivables. And if you try to sell equipment, you will probably take a loss because the equipment has most likely depreciated.

If you’re liquid, you have enough cash or other easily liquidated assets that you can pay your immediate bills or pay your employees. This is called positive cash flow, and positive cash flow means liquidity. 

Need to speak to us, we are available to support you.

Keep winning.

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using the scope of relationship-building to grow your business

Hello #bwhladies, trust we are keeping well!!!.

It’s a new week and we need to do things differently & take new steps to achieve those mile stones in our businesses.

In general, there is a lot being said about using the core marketing channels- advertising, social media etc to grow our businesses. However let’s consider Relationship Building in Growing Your Business.

Most marketing is about creating awareness of your business. But once you have people’s attention, you need to gain trust and rapport, whether that’s through email, social media or face-face marketing.

In this post are listed major steps in using relationship building as a tool for your business growth.

Do you have further questions or would like to share your thoughts/concerns, do reach out to us.

You can be a member of our community through any of the links in Bio.

Kindly tag a friend who should see this.