Increase profits with the 80/20 Rule
The Pareto Principle, named after an Italian economist-sociologist, Alfredo Pareto, states that the significant items in a given group normally constitute a relatively small portion of the total items in the group. By Harold Taylor The ratio that holds true in most...
Making Time to Sell
In no profession is time management more important than in sales. For a salesperson, the greatest resource is the time available for customer contact. By Harold Taylor All the selling skills in the world are to no avail if there is not enough time to put those skills...
Both Efficiency and Effectiveness are Essential for Business Success
Efficiency and Effectiveness – two terms that are frequently misunderstood, but both are essential for business success. By Harold Taylor At a recent members’ meeting of the Sussex and District Chamber of Commerce we discussed the relevance of getting organized and...
Use a Website to Generate Sales
A website can generate sales as well as make your business look more professional By Harold Taylor Last month we discussed websites at our Chamber of Commerce members’ meeting and how you can use a website to generate sales. I’m not sure about entrepreneurs in...
Putting Purposeful Networking into Practice.
How putting purposeful networking into practice can expand your business. By Harold Taylor At the Sussex and District Chamber of Commerce’s February membership meeting, the discussion focused on putting purposeful networking into practice and business networking - in...
Respect Your Customers’ Time
Customer service means you need to respect your customers’ time By Harold L Taylor One of the topics discussed at our monthly Lunch ‘N Learn sessions at the Sussex & District Chamber of Commerce monthly members’ meetings was customer service and how to respect...
When Buying, Your Brain has a Mind of its Own
When we make buying decisions we seem to be on auto-pilot and our brain has a mind of its own By Harold L Taylor Recently, the topic of sales was discussed at a “Lunch ‘N Learn” session sponsored by the Sussex & District Chamber of Commerce. It’s interesting to...
Cut Costs to Improve Your Bottom Line.
More than 85% of business failures are preventable By: Harold L Taylor Back in 2005, Angie Mohr, in her book, Managing Business Growth, claimed that 96% of all small businesses fail within 10 years. Today it isn’t much different. Brian Martucci, in an article posted...