3 Ways to Rework a Failed Business (uk franchise businesses)

By Robin Matuk

  It takes a lot to build a business. Whether it’s a work from home career where you’re still a parent, or a small office trying to set up contacts in a major industry, the obvious point is pressure. It’s the pressure to make money. What happens when you fail?

You rework your business philosophy:

1.Time:

Time is money in the game of business. Say you have a mindset for making more money doing the same thing. This means charging more per hour. It sounds simple, but depending on your vocation, rarely is. However, turning your time into more money in the beginning is simple: work more hours. It may be a drag on your personal life, but sometimes reworking a failed creative business means turning happy customers into very happy customers. The higher your product quality, the better the pay.

2.Money:

One way to satisfy your needs, beyond asking for more money for your time, is to build alternative methods for turning a profit. This means hiring out possibly for smaller projects, which then means hiring freelancers to help with the small game, while you focus on getting the big contacts within your industry. If you have a work from home business, for example, then you will see first hand how important certain clients are. Yet you want more clients, big and small. So hiring freelancers eases your burden and allows you to rework a slow creative business.

3.Building:

Even ten years into your business, you are still building. If you are an accountant, old clients hire someone else, sometimes for cheaper, while you move up to bigger companies with bigger pocket books. There is no reason to get discouraged, because a business will always have success and failure, usually more of the latter.

End Game:

The end is about all three of these points. You need more time, so you work more hours. You need more money, so you expand your work by hiring freelancers who are looking for work. You build the business around the mindset that it will always be in a building process. A failed business isn’t always about your failure; it means turning things around by setting priorities.

Whether you have a work from home career or an office with one hundred people, any business will go through failure. The difference is, where 1 in 5 new businesses survive, you have a better chance if you keep these things in mind.

Robin Matuk is a Business Consultant, Community Builder & Digital Coach. She provides a community for women entrepreneurs to network, learn, share, & mentor one another, offering the tools, strategies & systems to shift from a struggling woman entrepreneur to a successful woman business owner.

Check out her website Creating with Impact.

Using An E-book As A Viral Marketing Tool
By Kevin Sinclair

  An e-book can be a great way to get a client’s attention if you know how to use one with viral marketing. In fact, you don’t have to spend a lot of money to do so. There are a lot of resources available online for free that you can get at no cost. However, it’s absolutely imperative that you know how to capture readers’ attention so that you can successfully sell them products and build your reputation as someone who has a quality e-book and whose creation and marketing have been successful.

Make It Interesting

Among the most important things you can do when you create your e-book and market it is that the pitch page and cover have to be very attractive. The pictures you use should draw attention to the e-book itself and the content inside. The images should be memorable and understandable even if you use black-and-white or use a thumbnail view to list your e-book along with other e-books at various sites. If you are going to include the e-book in a one-page site or in your own website, you can use the pitch page as its own webpage. Remember that the keywords you use should be those you know potential buyers are going to use, so that you get the right traffic and so that your pages retain top ranking on search engines.

You can also talk to other website owners, e-book authors and moderators of forums so that you can exchange or buy links and thus boost visibility even further. This will make even more people want to buy your product. Viral marketing can be very effective in that people will see interesting copy as a first taste of your work. If you are someone who is writing an e-book for the first time, you can show readers how you write by providing free samples of your reading that they’re going to enjoy. Encourage readers to share and keep your work, so that your reputation continues to build.

Keep the Content Relevant and High Quality

With viral marketing, your efforts will be more successful and will reap greater profits for you if you try to attract the right audience. Visit various websites and forums where you may find users interested in your e-book or where topics similar or related to your content are discussed. First post and reply in forums, and then use your signature line to post links that will take people to your page or site. Answer any questions people may have about your e-book, including how it was created and marketed.

Asking experts to review your e-book makes your e-book much more credible and will help keep it visible, too. Therefore, invite consultants, companies and authors to review your work by giving them a free copy and asking them to review it. You can also give them a link to your page or site. There are many free review sites on the Internet available to you. In addition, having affiliates may also greatly increase the visibility of your e-book. If you offer high commissions for those who sell your e-books, this will boost sales markedly. In addition, creating and marketing your e-book may have you writing articles in relation to your topic elsewhere, so that people will become interested and want to go check out your e-book for themselves.

Kevin Sinclair is the publisher and editor of Be Successful News Reviews, a site that provides reviews on products and services relating to how to succeed in your own home or small business.

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