Tag Archive | "Business"

Changes To The Subscribe Procedure!

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Since this new theme has been active (last 3 weeks or so) the number of optin’s for the subscriber list has fallen but the statistics show more visitors than ever.

I have put this down to the loss of the subscriber box on the sidebar. Although the new theme has various options to opt in, it seems that the box is very important in helping people decide.

So, I have installed a series of very clever little scripts that (hopefully) appear only until a visitor subscribes and then never appear again.

What this means though, is that they will appear for everyone until the name and email have been filled in and the button clicked on.

Even for those of you who have already subscribed.

So I am sorry if this change is annoying, but I hope the long term benefits will outweigh the short term hassles. If you do fill in the form, it doesn’t mean you will get several copies of the notices, I trust Aweber, who handles the list, will just send you an error message stating you are already subscribed.

The major difference with these new methods is that you are not taken away from the page you are on, whereas before you were taken through the Aweber system, now you stay exactly where you are. That in itself is a major help.

It also means the box on the sidebar will not be seen once you have used it. A really clever piece of coding. We will see just how clever - depending on the results over xmas!!

Please let me know if you experience anything odd or un-necessary when you fill in the box.

May I just apologize again for the hassle this change will cause.

~Ray

What Is Your Customer Service Like?

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We have just had a new patio laid here at Stewart Towers and I wrote the cheque out for it on Monday evening. Yesterday however, we noticed that all the cement between the slabs was breaking up and leaving little bits of cement all over the place.

I was a bit mad so I rang the company and said I seemed to have written the cheque out a little prematurely as the patio is starting to fall apart already. Anyway, about 9.15pm last night the phone rang and it was the MD of the patio firm. He was gutted about the problem we were having and promised to be round next day (today) to have a look. He turned up first thing this morning and confirmed that the frost had damaged the pointing and that they will repoint the entire patio as soon as possible. He also said one of the workers will be round later today to clear all the horrible bits of cement away to clean it up in the meantime. Guess what? 3.15pm and the chap has just arrived to start sweeping and clearing.

I call that excellent customer service.

All my initial trepidation about the standard of care we would get after we paid the bill has proved unfounded. What a refreshing change!

Only recently I have been commenting to people around here that “Is it just me or are shop assistants getting more stroppy and sour faced by the day?” I had thought customer service was about dead. The local Chinese Takeaway is the only other place I have experienced excellent service and attention, and I wrote about that in my recession busting tips report.

Generally, businesses I deal with that provide some of our services here are good examples of how not to make friends and influence people. They are grumpy, sour faced, off-hand, un-caring, un-helpful and generally don’t want to know about a sale, let alone any questions or issues I may have.

Do you find this around your area?

How often do we have a job done in our own homes, such as a patio, double glazing, plumbing, electrical stuff, carpet cleaning, building work, fencing etc… but never hear from these companies again?

Sometimes it is honestly a blessed relief because the experience was so painful at the time we wouldn’t want to use that firm, or person, again. But occasionally, wouldn’t it be good for us as customers, to be remembered and valued for our contribution to the sales of that business?

Wouldn’t it be wonderful if we were contacted periodically and thanked for the opportunity of allowing that company to work for us, and being given a voucher or special offer for another of their products or services?

What a refreshing change it would make if these businesses cared enough to keep their name uppermost in our minds so that we don’t have to go searching through Yellow Pages or similar the next time we need a job doing.

How amazing would it be to be invited as a special guest to a seminar or charity event that company is hosting which we may find interesting.

Be honest - how often does it happen? Next to never - that’s how often!

What about your business?

Do you treat your customers/clients the way you like to be treated? Are you and your staff always courteous, friendly, helpful, smiling? Do you follow up each and every sale to gradually inform each customer/client exactly what other services/products your business can supply?

If so, how long to you do it for before you “give up” and assume that person will never buy from you again. One year, two years, six years?

If not - why not. It is your duty as the owner of a successful business to delight the customer and make it easy for them to deal with you?

Why would you ever treat a customer with distain or contempt just because you were having a bad day?

Too many businesses do exactly that and wonder why their business is always struggling.

The long christmas holiday is almost upon us and it is an excellent time for an honest, detached, look at all aspects of our businesses to see if we are failing our customers in certain areas and to decide on strategies to deal with those shortcomings as soon as possible.

~Ray

I Went To A “Sales” Seminar On Saturday!!

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This is the 2nd time I have written this post - ###### computer! Mind you, I wrote it whilst I was angry about my trip to London on Saturday so maybe it wasn’t completely PC which is why my PC fought back and lost it!

Why was I angry?

I went to the seminar on sales in London to try and discover some new golden nuggets to pass onto you here over the next few weeks. But what did I find? that I spent the day being “sold” to. How I knew so very little about anything relevant to my business and that I needed to spend £497 on this course, £997 on that series, £1,997 on this software and unknown amounts on monthly masterclasses next year.

Did I actually learn anything?

One thing - yes. How easy it is to take money off people when they are keen (desperate) to learn how to steer their business through the hard conditions of a recession.

What a sad lesson.

There was around 60 people there on Saturday at £49 per person. A cool £3k for the organizers, plus no doubt a healthy commission on all sales made on the day - of which I saw a lot of the high price items I mentioned above being signed up for - Wow - a really excellent result for the organizer.

I felt used and really sad for the people who were convinced to spend up to £3,491+VAT each on these “must have” products. Sadly, I bet they never utilize the purchases fully and never obtain full value for money. That is the nature of human beings.

It got me thinking though…

After just a couple of weeks, my free download offer of the recession busting tips report has almost reached the limit of 1,000 downloads. The main critiscm has been that I haven’t gone into full and picturesque detail of each tactic. So, what about some REAL seminars??

Would you be interested if I were to run a series of seminars (no sales patter - guaranteed) giving step by step instructions on how to extract the best results from each of the proven tactics I put into the report??

Would you travel to the East Midlands to attend? What days of the week work best? What time of day is best? How much would you be prepared to pay for each 2 hour seminar?

If there is enough people to make hiring a venue worthwhile - I will do it. I will also try to attract relevant experts for certain aspects to make sure everyone gets massive, real, usable, tangible benefits from each seminar.

Let me know what you think??

~Ray

Nothing Has Changed With These Adverts…

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I was reading our free newspaper this evening. It is the first one we have received in weeks so it made a nice change.

It made dismal reading though. Not because of the lack of substantial local news - we expect that. It was because of the adverts within it. There must be a couple of hunderd adverts in there and every single one of them was the worst kind of ineffective advert that I keep trying to get people to dump. You know the sort - the painter who is looking for work (but no outsides) - the plumber who can fix your dripping taps - the tyre firm who have tyres and exhausts for sale - and so on.

They all look tired, dull and worst of all - they look the same.

The plumber, the kitchen fitter, the tyre company, the painter, the double glazing firm, the builder, the costume hire shop - unless you read them closely - they all look the same.

OK they are different colours and different sizes, but not a single one of them stands out from the bunch. Not one has a strong call to action. Not one has a Unique headline shouting out why you would be mad not to choose this painter, or that builder. Not one will perform any more than mildly average.

It is such a shame that so many businesses are still throwing money at advertising that will not work anything like as effectively as it could for the same investment.

Are you still doing advertising that way?

If you are, because you are worried about changing it in case the trickle of new customers drys up, at least try just one advert in the way I described in my previous series of posts on writing effective adverts. If you have the nerve to try just one new style ad - watch the difference in response you get. You will see how much better the info-ad works and then you will have the confidence to dump the old ways forever.

The worst offenders at selling the “old style” ads are the telephone directory staff. However, it is proven by every person who has ever had a telephone book ad that these just don’t pull enough response to justify the costs. Have a look through your telephone directory right now - it is packed with similar style ads. The challenge is to find a single info type ad in the whole book.

Go and have a look now - and let us all know how many you find!!

~Ray

VT Transaction Plus Comes Of Age!!

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VT Software have done it!!

VT Transaction + is now complete. I know it sounds unlikely but it was only this morning I was wondering about doing some more video tutorials now my recession report is finished and what happens - I get the upgrade available notice in my VT Transaction+ program and… there is this note saying it’s all finished and there is now a comprehensive user guide. So, no more need for planned tutorials…

Anyway, you can view the help file from within your program, or download it and print it from the VT Software website here.

I have looked through it and all credit to the team - it is clearly written and easily understandable. Well done chaps.

I presume this now signals the beginning of the end for the free web downloads so for all those people “testing” the program out there, it is time to stump up the cash to buy it officially. I think it has been free for download for at least 3 years so VT Software have been more than generous.

You can either buy it from me, or direct from VT Software at £125+VAT first year and then £100+VAT each year thereafter. For additional licences it is £75+VAT initially and each year thereafter per licence needed.

I cannot recommend this software highly enough. It is something we use here for all of our bookkeeping work all day every day. I keep checking other software as it comes out but nothing comes close (yet) for simplicity of use, ease of editing and formating of invoices.

Simply brilliant.

~Ray

VAT - when 15% should actually be 17.5%

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I just wondered if anyone needed some clarification about actually when to change the rate of VAT they charge.

I know our beloved chancellor said it will apply from 1st December but…

There is an issue you must consider here when you are invoicing for the supply of goods and services.

If you supplied goods and services before 17th November 2008 but invoice them on or after 1st December 2008, you MUST use the 17.5% rate.

If you normally invoice at, say, the end of the month following the supply of goods and services (yes, some people wait that long to bill), you will still need to charge 17.5% VAT.

The reason for this anomaly is that HMRC treat the Basic Tax Point as being when the goods/services are actually made available to the client/customer and it is the basic tax point that determines the rate of VAT you charge.

There is, as with most things, a work around.

Why did I use the 17th November above and not the 1st December? It is because VAT has a little known 14 day rule that can overide the the basic tax point.

If you raise an invoice within 14 days of the supply, the invoice date will be the actual tax point. There is a possibility to extend this 14 day rule to 30 days, but you have to write to HMRC at your local VAT Business Centre and explain why you need an extension and if they agree, nearly all your invoicing can be done at 15% after 1st December 2008.

As ever, a VAT inspection is usually the only time this sort of anomaly crops up but when it does, guess what happens??? You get 2 choices.

  1. you go back to your customer and say sorry, I should have charged you 17.5% not 15% can you stump up the difference please? What if they have gone out of business or just say no….
  2. you pay the difference with no ability to reclaim it.

I have said it before but VAT is the most mis-understood of the taxes and when you get it wrong - it makes more than your eyes water!

~Ray

These Marketing Tactics Aren’t Relevant To My Business - Are They?

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A client, whom I shall call “Emma” here called round this morning and returned a copy of Paul Gorman’s book “How to out-sell, out market, out promote, out advertise everyone else you compete against before they even know what hit them” that I lent to her some months ago.

“I don’t see how most of the stuff in this book is relevant to my business” she told me as she handed over the book.  Emma owns a franchise locally providing pre-school activities for young children.  The franchise dictates that only  official marketing materials and flyers can be used, although Emma can personalize these a little with her own details and strap lines.

“I can’t come up with any unique head/strap lines for these flyers” she told me.  “I don’t have the brain for it although I can see they may help if could thing of any”.  “I don’t see how the letters would work though, with all the bold bits and the PS’ at the bottom - I ignore these when I receive them - doesn’t everyone else?”

The discussion wasn’t really about Paul’s book.  It was about a decision that Emma knows she is facing but is trying to avoid.  Every single marketing tactic can be applied to any business at all.  The slant may be different, the target audience will certainly be different, but essentially, the same things work whether you are selling 1p paperclips or £10 million aircraft.

I could see I was in for a difficult time to persuade Emma of the importance of promoting her business in all manner of ways, yes, including letters.  The thing is, she totally loves the work she does with the children and will enthuse about the benefits of what she offers all day long, but she doesn’t want the bother of the office work.  She just wants to be with the kids, doing what she loves.

This doesn’t sound like a problem to most people but to me it shows the turmoil that goes on inside lot’s of people that find themselves running businesses.  Emma got into this franchise because she loves children and believes that the franchise model and facilities are of immense benefit to the development of small children.  However, the only way to do the work she loves was to buy the franchise for her local area.  I don’t believe she actually wanted to run a business, she just wanted to to run the classes.

The problem is the franchise model is working against her.  If she wants to make money from her business, she has to step out of what she loves to do and become a business woman that she doesn’t want to be.  Just running her own classes though doesn’t give her enough turnover to live on.

Emma’s comments about Paul Gorman’s brilliant book are coming from the position that she knows she has to grow the business to improve her income, but she simply doesn’t want to because of all the marketing, admin, bookkeeping, payroll, finding venues, organizing classes and 101 other things that go into running a larger business.

I do see quite a few people with Emma’s predicament.  The simple truth is they have to make a choice.  They can go one of two ways.  Firstly, they can choose just to do as much as they can themselves and earn a small income which barely justifies the cost and ongoing commitment to the franchiser; Secondly, they can expand the business dramatically within their geographic area, take on people to run the classes, become a manager instead of a worker and direct operations from above without much day to day involvement with the children.

A business person in Emma’s shoes that settles for option 1 has to accept that they “own” their job.  But that’s basically all it is.  The franchiser still gets their cut from Emma so they are happy, but Emma, apart from job satisfaction, will never make a decent living.

If however, Emma embraces the idea that she can run her business as a manager, starts taking Paul Gorman’s advice about marketing tactics to grow her business; takes massive action to generate more classes; finds suitable people to run those classes along the lines Emma dictates; she will start to make some serious money from her franchise.  There is nothing written that says Emma is prohibited from running any classes ever again.  She can fill in, or set up a couple of special classes just for her to run.  But her success will be guaranteed.

She just needs to decide which way she wants to jump.

Emma knows I will help her to the best of my ability, but the main decision, whatever it is, is hers and hers alone.   Job or business Emma - it’s up to you!

~Ray

How Can You Write A Compelling Sales Letter?

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This is a question that vexes most entrepreneurs.  We are all of a certain type of person, excellent with the talk and can mostly persuade an Eskimo to buy snow.  But when it comes to writing a sales letter, advert, brochure or some other marketing material, it all becomes too complicated and tiresome.

We say, “If only I can talk to the right person I can usually make the sale” - does that sound familiar?

The simple way around this conundrum is to record ourselves talking to a prospect.  Record ourselves talking to clients/customers around problems or overcoming objections!  Then get all the recordings typed up!

It really is that simple.  You can then go through the transcripts and pick out the genuine, solid gold, nuggets of information that slip out naturally when we are talking without being conscious of them even being said.

You can then form these nuggets into a logical order and voila! you have, with little effort at all, just written your best ever sales letter!

I bought a digital voice recorder earlier in the year and although expensive, I can, with a client’s permission, just sit it on the table whilst we talk with it set on conference mode.  After a minute or two we forget it’s even there and it gives excellent quality recordings for a transcription service to type up.  It is a wonderful way of working!

I may, thinking about it as I write, put a recorded blog post here shortly just to show that marketing - even blogging - can be fun!

~Ray

Why Winning Is So Important!

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I don’t mean winning at all costs!  I mean that in every business situation, and in every deal you do, you try your very best to make sure that everybody involved wins something of value.

If you are of the ilk that likes to extract maximum money from people as soon as possible and have no thought of future trades, then this idea will be abhorrent to you.

However, if you are building a long-term sustainable business, then taking a little time to ensure that everyone involved in a transaction wins something will give you an enviable reputation of being “the” one to deal with.

In practical terms it means that if someone buys bookkeeping services from us, I veiw that as a compliment.  I will then make sure that this client, and every client, receives a stunning service and that we add real value to their business.

We win because:-

  • We take on a new client and boost our own income.
  • We have another potential source of referrals and testimonials for marketing purposes.
  • We keep our bookkeepers happy doing the work they enjoy the most!

The client wins because:-

  • They no longer struggle with their own bookkeeping.
  • No more VAT returns.
  • No more payroll and all it’s hassles.
  • No more deadlines.
  • No more sleepless nights.
  • Accurate and regular reports about their business.
  • The ability to ask questions at any time without incurring any extra fees.

The balance is always tilted in favour of the client for a soundly based, long term relationship.

We have all seen businesses that are out to rip the public off, and then disappear into the ether generally owing lots of money and leaving loads of unhappy customers in their wake.  They are sadly quite successful in the short term and can amass many thousands of £’s for their owners before they disappear.

However, a sustainable business will ensure they give substantial value and their customers are happy to pay for that value.  The business will then be around for the next 50 years or more and will be more than strong enough to ride any waves the economy throws at it.

~Ray

And The Winner Is…Recession Busting Information!

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Thank you for all those who responded to my post about the best direction for the advert I have booked in a charitable booklet.

The person who first suggested the recession busting report was Rachael, although I have to confess I had already listed 24 hot tips to go in the report so it seems lots of you had similar feelings to me.  Perhaps the current financial climate has something to do with our thinking!

I am meeting the talented young designer Chris Eccleston tomorrow and we are going to work on the look of the advert to try and get it to reach out and grab people’s attention over the festive period.  I will put a link to Chris’s new website tomorrow once he has decided on a name!  I spent an hour in this lad’s company on Saturday morning and was really impressed with the way he thinks.  The funny thing is that he was at school with my eldest son, also called Chris…  it’s strange the way things work out!  I forecast a bright future for him and it is a pleasure to meet a 22 year old lad who is so commited to making his mark in the world.

The report is now up to 30 tips and my mind is still buzzing with ideas.  The problem is trying to pick the ones that should go into such a report, and which ones are more suited to other articles or reports.  I don’t want people to be put off by the length of it, but I want it long enough to be seen as having real value.  The 30 tips already earmarked are at least a page each so you can see my problem.

The trouble is that I have worked my way through 3 recessions so I have some idea of what works and what doesn’t and have seen lots of businesses survive and quite a few that haven’t.  The advantage of my great old age I suppose.  But if I can stop even one business from failing, from doing something fatal in a recession, then all the effort involved in writing the report and puzzling over the advert will have been time very well spent.

So I am going to crack on with writing the report and I will post the link to it here first so that I can get some feedback before the advert goes live in December.

~Ray


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