Concentric’s Post

Ever wonder why some businesses sell for a fortune while others struggle to find buyers? It's a great question, with too many tragic failures for me to accept. Here are 3 factors that drive the value of a business. P.S. Follow me for more content like this.

Helping people is how you get ahead in business. Try to help 5-10 people a day. Even if your business solutions aren't what they need. Build a reputation for helping people, and people will start coming to you for help.

🛒💡 Considering buying a business? 'The Key Factor' reveals what really determines its value and your success. Thank you for these insights, Nick Bradley and Callum Laing! #BusinessAcquisition

🎯 You are not for everyone but you are most definitely for someone. Have clear intentions on your business and services. Market to the people that are more likely to require your services. Be ok with the fact that you are not for everyone. Be ok with saying no if it’s not the right fit. When you work with like-minded people, everyone wins. Your business and your overall perspective will be better for it.

BUSINESS TIP OF THE WEEK Commit yourself to acquiring a deep understanding of your industry, your competitors, and your customers. This will help you make more informed decisions, stay ahead of market shifts, and successfully work through business complexities. Have a great day! Mike

What makes your business stand out in a crowded field of competitors? For many it is the trust that they've built with their clients who know the value they add.

Building relationships and business is a key component to your success! We all sell a service or a product, but people buy from people they value and trust! When you build relationships with your employees that creates an environment where they feel engaged and empowered, they will do whatever it takes to help you move your business ahead! Are you prioritizing relationships and connections in your business? What are some of your tried and true strategies you use to build value and trust? I’d love to share one in the comments!

Is your business operating as well as it can? Visit https://lnkd.in/gyujt-9J to learn about Michelle's 6 P's. These are key elements that every business needs in order to build, grow, and sell. #ExitRich #business #success

Now, while you don’t have to conduct your business around the ever-shifting sentiments of the culture, you do need to be one who’s paying attention to what your customers are interested in. You want to make sure that what you’re selling is what they’re buying these days. And though it doesn’t mean you need to completely change what you’re offering, sometimes you need to make tweaks to what you do offer. Frame your business’s goods or services in new ways, offer new deals, and figure out how to stay relevant to your customer’s needs. That’s the way of capitalism, and it’s how your business continues to thrive in it.

Now, while you don’t have to conduct your business around the ever-shifting sentiments of the culture, you do need to be one who’s paying attention to what your customers are interested in. You want to make sure that what you’re selling is what they’re buying these days. And though it doesn’t mean you need to completely change what you’re offering, sometimes you need to make tweaks to what you do offer. Frame your business’s goods or services in new ways, offer new deals, and figure out how to stay relevant to your customer’s needs. That’s the way of capitalism, and it’s how your business continues to thrive in it.