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10 Business networking tips

There are many schools of thought on how best to network, in the main it can heavy depend on where you network. Networking is about playing the long game, in most cases it can take many months if not years to get referrals from networking.

Networking is about people buying you before they consider buying your product or service, so it should be seen as a platform to build relationship of trust that will lead these people to buy your products or service and more importantly, to them referring your services to others that they know.

10 Ways to make big profits

Here are ten simple ways to improve your profits, they are just some of an infinite number of measures a business can undertake.

1.Plan some SMART objectives

You should always have a business plan, it doesn't have to be a great long essay because it is the journey of discovery when compiling a plan that makes the plan valuable. Set yourself three or four objectives, they should be Specific, Measurable, Achievable, Realistic and Time driven (SMART), but you should consider the following nine points before you do.

2.Keep on top of your finances

Get to know the important figures you need, as a minimum these should be:

Is your business destined to fail?

Recent substantial changes to markets means that many businesses that haven’t made significant changes or planned comprehensive future changes to their existing operations are likely to face an uncertain and challenging future.

The last large economic downturn we faced was 18 years ago, not only is it likely that we have forgotten much of what we learnt during that period but this economic decline is very different and the strategic decisions we make now will make the difference between success and failure.