how to increase profits

How to Grow Your Business With Bartercard

bartercard 0 Comments

Learning how to grow your business isn’t just a worthy goal; growing your business is often a necessity for your business’s survival and your economic wellbeing. So, what can you do to get your business beyond the bare sustenance level? And what can you do to turn it into the income-generating powerhouse you envision? Bartercard have the answers.

As a small business owner, you may be looking for ways to do things smarter and more efficiently. You may be aware of how valuable it would be if you were able to turn your unutilised trading capacity and surplus inventory, into business opportunities. This would be a step towards increased sales, improved cash flow, and retaining clients – always an attractive outcome as a business owner.

Bartercard is both a payment alternative and sales network, so being a Bartercard member can not only help you improve your cashflow, but also grow your business. Bartercard is a currency just like a credit card or another bank account, but instead of cash, it is an electronic currency which can be transacted via EFTPOS, online, the Bartercard app, over the phone, or by transaction vouchers. So with Bartercard, you can conserve cash while always having access to goods and services available through the Bartercard network.

Bartercard’s large referral network allows members to increase their customer base and expand their geographic reach, and the new customers generated by Bartercard are on top of existing cash business, and therefore don’t interfere with existing business models.

The key to sales success is referrals and word-of-mouth marketing. Bartercard members are more likely to spend with other members, providing an increased advantage over competitors. In the guide How to use Bartercard to grow your business they explain the way you can easily implement Bartercard into your business, how you spend your Bartercard Trade Dollars, and provides tips on how you and your clients can get the most out of Bartercard, so for more information on how to increase profits, business growth strategies and increase business profits please go to www.bartercard.co.nz .

Start Planning For the Year Ahead With Bartercard

bartercard 0 Comments

It is always a good idea to take some time out, before the end of the year, to start planning for the year ahead, reminding us of the superior results we can achieve by deliberately taking time out to plan – before we begin a task. It all starts with a planning session.

Preparing for what is to come is important. We need to distinguish between what is urgent and what feels urgent which will enable us to determine the tasks we need to focus our attention on first. We need to begin by creating a plan of attack, breaking down any complex tasks into specific actions.

We should also break down the goals into specific, smaller actions that begin with a verb (ACTION word) to make it very clear what our intentions are. This goal becomes more focused by listing the required actions what are our growth straegies, plans and goals?

Research has indicated that being specific about goals and the tasks required, increases successful outcomes. Also having the required steps mapped out in advance reduces the need for additional thinking as the year progresses, and lessens the likelihood of procrastination.

Bartercard’s simple-to-use system means business owners can spend less time on things like their accounting and more time focusing on business growth strategies, and how they can work with your accounting system, and how it can benefit you and your business.

What makes Bartercard’s system so simple to use is that, in addition to integrating with a member’s current financial system, there are a number of other aspects of Bartercard that make its accounting processes simple to use.

Bartercard understand what matters most to business owners – increasing cash flow, and growing your business. All you need to do is set up Bartercard as another bank account in your system, allowing you to focus on what is more important in your business, so for more information on how to increase profits, getting new customers and customer rewards programmes please go to www.bartercard.co.nz .

To help people manage their business more effectively, the Bartercard team have created a free resource which can be downloaded on their website. You’ll gain valuable insights into the habits the most successful business owners have in common. The 7 Habits of Highly Effective Small Business Owners eBook covers learning how to roll with the punches, exploring the art of long and short-term plans, monitoring cash flow and spending, working with the pros vs. DIY opportunities, embracing technology and being open to change.