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Owners pay high price for being in business

Survey May/June 07 Local business coach, Tibor Mackor of Better Business Strategies, has found that a large percentage of local business owners are paying a high price for being in business

Business coaching is good for you

Here is an extract from an article in the New Zealand Herald on Sunday 27 April 2008 Do New Zealanders lack the skills needed to run their businesses well?

Improving your Business Systems

From time to time I get asked by people, “Why do some businesses grow?” This is an excellent question

Workers overtake bosses’ pay rises

It is true that one of the frustrations of current employers is that some of their employees are earning more than themselves.

Exiting your business

It is true that many business owners struggle to manage time and family commitments when they are in their 50’s.

Leadership skills in your business

I chose to start with Systems last time because it is less confronting than dealing with Leadership issues. This is part 2 of my “Why Do Some Businesses Grow ” series:

Looking after your employees

For many businesses it takes time and money to train and educate their employees to become productive in the organisation.

The importance of Marketing

This week I will share with you about the importance of Marketing Skills within a business. Marketing skills & a Marketing Plan are critical to your business success.

Competition is necessary

In today’s New Zealand, children are taught that competing is important and not the result.

Available capital in business

Last time I continued with our series of articles on the 5 factors that impact on a businesses growth.

Avoid the common mistakes to business failure

Research has shown that the following mistakes have lead to business failures in the past.

External Experts to support Management

Last time I continued with our series of articles on the 5 factors that impact on a businesses growth. In particular  

Marketing your business products or services

Marketing  a small to medium-sized business can be overwhelming.

Make Your Business Card Work

Your business card is one of the BEST and easiest marketing tools you can (and should!) use to stand your business

What Does “Recession” Really Mean?

The Random House Unabridged Dictionary offers the following as one definition of “recession”:

The Three Keys to Success You Can’t Make It Without

You want to attract more clients, increase your sales and maximise your profits. And you want to do it in less time.

20 Ways to Develop Loyal Customers for a Lifetime – Part 2

This is a continuation from my previous blog on customer satisfaction.

Ways to Develop Loyal Customers for a Lifetime – Part 1

Traditional marketing strategies encourage business owners to continually grow their businesses by adding new customers.  

Look to Systems to Maximise Your Success

As a creative business owner, you want to spend your time doing your “great work.”

3 Keys to Marketing and Ultimate Business Success

Whether you sell sunglasses, hearing aids, sports training, legal services, or financial advice,

Bad news or Business Opportunity?

If you’ve cracked a newspaper or turned on the news lately, it’s all doom and gloom about the economy.

How to convert prospects to clients

One of the best time-saving strategies I’ve implemented is my client conversion system. 

Can I talk with other clients?

I ensure each of my clients’ total confidentiality, however if you are ready to do business with me

How do you know if you can help me?

Before I submit any proposal I have an extensive range of analysis questions, and business diagnostic tools to establish your company’s current position and give me

How long will it take me to see the results?

I commit to getting results for my clients as soon as possible. Sometimes I can make some immediate changes that produce instant improvement to the bottom line.

How much do you charge?

There are no fixed charges for my services as all potential clients have different issues,

How much time do you spend with me?

I work out a specific tailor-made programme suitable to each individual clients’ needs.

What associations or organisations do you belong to?

I am a member and licensee of the Results In Business Institute (RIBI) Australia and New Zealand’s largest and Number 1 network of independent

What do you do that makes you different from other consultants?

I only accept clients after an extensive “Business Analysis” or “Business Diagnostic”. I tailor make my services,

What experience have you had in my industry?

I have been exposed to many different industries in the past when I still practised as an accountant.

What guarentees do you give?

My intention is to never become an extra cost to my client, therefore all of my services are provided with a

What systems do you use to grow business turnover and profit?

I have an extensive range of systems designed for the exact purpose of growing your profits, sales and cash.

Seven Questions to Ask Before You Advertise

Most business owners and managers keep a fairly close eye on their marketing budgets.

How “targeted” is Your Marketing?

So, do you know the people buying your products and services? I mean, really know?

Three Simple Strategies for Discovering What Your Target Market Wants

As a service professional you are probably already clear on what your niche is,

Small changes produce BIG Profit Increases

Attention business owners! Are you aware of the benefits small changes in three key areas of your business can result in a HUGE increase in your net profit?

Seven Simple Business & Income Growth Strategies

Do you want to grow your business and income in today’s business climate?

Mistakes That Can Reduce Your Small Business Sales

People are talking about a recession and that means fear is in the air.  “Well Tibor, how do you see my business or practice flourish in these times then?”

Important Business Pillars and Sytems

You may have heard that most small businesses fail within 3 years of starting.

Ten Questions You Need to Answer in Your Business Plan

Writing a business plan for your business doesn’t have to be a daunting project.

The realities of an entrepreneur

Owing and running a business is often described as someone being an entrepreneur.

The most important character traits of a business leader

These character traits are important because without these it would be impossible to create a relationship

Marketing tactics for professional services businesses

In my on-going blogs on Entrepreneurial Alchemy I am focussing on Professional Services Businesses, which,

Establishing a high-performance organisation

Some of the top business leaders in the world say “70-90% of my time is spent on strategising –

Getting your employees to follow your business strategy

Many business owners get into their business because of the thoughts of self-sufficiency,

What tool do you use?

This is an excerpt of a speech I gave recently. It highlights one important aspect that is missing in business and our lives …..

The “baby-boomer” conundrum

Many business owners that are of the baby boomer age have now lived through about 3 or 4 recessions, depending on their industry.

Who am I as a business owner?

Most business owners wear several hats. They are not interchangeable, and you can’t wear them all at the same time.

5 ways to improve your time

Here are five ways to fire yourself so you can tap into more energy and results:

What does your client really need?

Very often we think that we know what our client needs, and maybe it is, but unless you hear it from your client specifically you are still only guessing.

The businessman’s dilemma

In today’s society it is important for business owners to have a deep and meaningful relationship with their customers.

Gold medal coaching

Sports coaching and business coaching are not too dissimilar. One of the most important aspects is that in both the

Your business’s calling

Many business owners understand the importance of delivering a fantastic product and/or service.

Demographics and the food industry

It is interesting to note that many business owners do not take demographics into account when planning their products and services for the broader public.

Hiring for optimal results

Leading on from one of my previous blog posts where I spoke about having a great vision for your business that is communicated clearly to all people associated with it.

The missing element in Business

Business coaching is becoming more and more accepted around the world. It is important that a business coach can inspire business owners to take the actions needed to achieve success.