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Price Increases: Strategies to Keep Customers
- Do you know who gets upset by price increases the most often? Spoiler alert: it’s not the customers. Increasing prices is an inevitable fact of growing a business: labor costs, inflation, market prices, and more can drive a business’s need to raise prices. So when we assess a business in the first few weeks of […] Read More
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An Employee Council: Get the Scoop
- As we work with businesses that have award-winning team culture, one of the keys to this is continual feedback on where the culture of the business is going. After all, you can’t know if you’re winning the game if you don’t know the score. This continual feedback leading to a stellar team culture is the […] Read More
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Talk and Walk: Move while You Meet
- Meetings are inevitable. In fact, in a recent Harvard Business School study, during the pandemic and now after, the amount of meetings went up by 12.7%! As coaches that specialize in team culture, the way you meet can determine the overall engagement of a team more than you think. Ever been in a bad meeting? […] Read More
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Owner in Denial: Find Your Way Out
- . “It’s not denial. I’m just selective in the reality that I accept.” – Bill Watterson . Are you a Business Owner in denial? This is one of the most common things that we encounter when we meet entrepreneurs. It’s a common affliction, one that could mean disaster for your business. Entrepreneurs, particularly those that […] Read More
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Marketing: Was the Campaign Worth it?
- In a previous post, we talked about having an unlimited marketing budget. But knowing what is working, and what is not, is the most difficult part of your marketing plan. How do you know if a campaign, or one of your 10 marketing strategies, is worth it? We have to go back to the basics […] Read More
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Unlimited Marketing Budget: Impossible?
- Does this seem like an impossibility? At ActionCOACH, we believe that it is very possible. You will have an unlimited marketing budget when you treat your marketing & advertising spending as an investment, not an expense. BUYING A CUSTOMER Let me explain. Marketing & advertising can be considered as an investment when we look at […] Read More
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Onboarding: Plan to Keep Your Rock Stars
- Business is growing. Great! You’ve decided it’s time to grow your team. The recruiting process is lengthy and costly, but worth it to find a rock star candidate. Turnover is very expensive, often 30-40% of an employee’s annual salary, and can cause extreme shifts in customer service, company culture, and product or service quality. The […] Read More
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Planning your Exit Part 4: Sale to Employees
- This is Part 4 of a Series about planning for succession at the time that you decide to leave your business. Part 1 can be found here, Part 2 can be found here, Part 3 here, and look for part 5 next week! Just like in the previous posts, Business Owners need to assure that […] Read More
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Business Owners: What is Your Succession Plan?
- We’ve all likely heard Benjamin Franklin’s famous quote “in this world, nothing is certain but death and taxes.” We find though that many Business Owners may have the financial affairs in order as far as the distribution of their wealth, but very few have a plan as to how the business is going to operate […] Read More
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New Year: Don’t Forget About YOU
- If you’ve read our previous blog posts about planning for the New Year (check them out here, here, and here), and taken action on getting ready to spring into action in 2021, congratulations! You’ve taken the first step to having your company’s best year ever. Daily focus on strategies to achieve each and every goal […] Read More
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