Description

Is your business successful? We would all want to answer YES! Take a closer look: is your business THRIVING? We might not be so quick to answer. The truth is that we need a foundation and we have to be prepared for the challenges that inevitably come. The cold, hard fact is that 80% of businesses fail. Let's talk about the reasons why they fail and how we can avoid the failure!

Five Reasons Why Businesses Fail:

• Lack of financial, business, or strategic management plans
  • Failing to plan sets you up to fail
  • Where do you see your business in 1, 2, and 5 years?
• Lack of marketing strategies
  • Check competitors' services and prices
  • The goal is to "stand out" in your community
• Insufficient cash flow
  • Have a budget forecast
  • Know your expenses!
• Failure to market online
  • Your business MUST be visible
  • Make the most of SEO and social media potential
• Failure to listen to your customers
  • Ask customers for feedback (use surveys)
  • Show customers that you care
  • Pay attention to details

I hope these reasons are helpful to you, future and fellow massage therapists. Make it another game piece to your successful, thriving business.

Check out all the valuable practical information here:  www.gamechangeyourbiz.com

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