Free Offer From FranchiseWorks.com

Sign Up For the FranchiseWorks.com Newsletter and Receive Our Free Consumer Guide to Buying a Franchise
Email Address:
Country:
State:


No Thanks
Twitter FranchiseWorks    FaceBook FranchiseWorks    Pinterest FranchiseWorks
Bookmark and Share    FranchiseWorks RSS Feeds

  My Franchise Cart
Monday, 12/19/2016

Platinum Franchise
Gold Franchise
Silver Franchise

Business Opportunities
Multi-Unit Franchise
Home-Based Franchise
Franchises for Women

Resource Center
Visit the IFA web site
Franchise
Industry Categories
FIND YOUR PERFECT FRANCHISE. Schedule your FREE franchise search and consultation today!
FIND YOUR PERFECT FRANCHISE. Schedule your FREE franchise search and consultation today!

• • • FRANCHISE TIP • • •

Franchise Tip
Get A Fresh Set Of Eyes

Over the years, I have had many clients with problems in their business that they didn’t know how to solve. They would invite me in to take a look to see if I could solve their problem. And, sure enough, a very easy solution to the problem presents itself in quick order. Not because I am smarter than them. But, because I came in with no pre-conceived ideas or past experience with the company, and simply came in with a fresh set of eyes and logical business sense.


Let’s talk about an example. I had one client that hit a wall with growth. They successfully grew from zero to over $10MM in revenues, but then growth flatlined for a couple years, and despite their efforts to break through that level, revenues just stayed flat. After I came in and looked at the historical sales and marketing efforts, it became perfectly clear what the problem was: they were not materially investing in sales and marketing at all!!


The founder had assumed that a “business as usual” approach would help him solve the problem, with him being the primary salesperson of the company. But, that presented a huge bottleneck for the business. One person has a fixed capacity for selling, and regardless how good he was at selling, he was never going to sell more, without expanding the sales team, and investing in marketing to help drive new leads.


The point here is, sometimes a CEO, especially a founding CEO, is just “too close” to the business, immersed in the day-to-day work, that they can’t take a needed pause to see the forest through the trees.


READ THE FULL ARTICLE BY VISITING FORBES.