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  1. #1
    Carl Taylor is offline Junior Member
    Join Date
    Jan 2008
    Location
    Sydney, Australia
    Posts
    22

    Lightbulb 5 Ways to Grow Business - Getting more customers

    Many business owners when trying to grow their business, find they want more of 3 things...

    1. Customers
    2. Turnover
    3. Profit

    These 3 things are deemed the most important and so in all strategies to grow their business they are only ever asking themselves.

    1. How do i get more customers?
    2. How do i get more sales?
    3. How do i get more profit?

    These things while important are only the end result that we are trying to achieve. They are not as important as the actual steps involved to achieve the result.

    There is a simple 5 Ways formula that I and many other business owners around the world use when growing a business.

    The 5 ways to grow your business are based on Brad Sugars business chassis model.

    This forumla is:
    Leads
    x
    Conversion
    =
    Number of Customers
    x
    Number of Transactions
    x
    Average Dollar Sale
    =
    Turnover
    x
    Margins
    =
    Profits

    For more information check out this new series of Articles at Entrepreneur Articles

    Part 1 - The 5 Ways to Grow Your Business - Part 1 - Customers | Entrepreneur Investments

  2. #2
    moneymakersinc is offline Junior Member
    Join Date
    Feb 2008
    Location
    Los Angeles, CA
    Posts
    16
    good formula

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