Showing posts from December, 2023

3 Bootstrapping Ideas to Revive a Business That Is Not Making Enough Money

  As we discussed on my previous blog post, businesses go through seasonal ups and downs. If your small business has slowed down and it's not making enough money, this article is for you! Relationship Marketing: Develop and put into practice ways to increase sales. This could include, following up with existing customers, revising business practices or offering additional services. Let's take a closer look into these ideas. Follow up with existing customers to increase sales and encourage repeat business. Doing so may look like sending post cards or personalized emails during special occasions that share company insights and offer exclusive discounts to show your appreciation. More importantly, customer follow-up may also involve conducting regular check-ins to ensure customer satisfaction and address any concerns or issues they may have. This can be done through phone calls or even in-person meetings, depending on the nature of your business and the preferences of your custom