Presented by: Linda Ruffenach, Founder and Chief Strategist at Execuity Value Advisors
Date: 10/14/2020
Business growth and total domination is achieved by understanding where you are today, where you want to go, and by building a strategy to get there. Linda Ruffenach shares the framework to help you evaluate your future revenue possibilities. It’s a holistic approach that includes your financial goals, business goals, and personal goals.
Balance is important in the business. It’s not something that you simply find, but rather one that you should create. A balance between your clients, suppliers, revenue, and profits. It’s about weighing the pros and cons of every decision you make. Linda stresses three things in creating balance and evaluating revenue:
- Identify who your best customers are
- Determine why they are the best
- What to do if your customer or client comes to you with business proposition in mind
Growing the business is about placing best. It’s critical for businesses to create multiple scenarios – the good, the bad, and the ugly before placing your best. The best way to move forward is to protect yourself with a strong contract. Look at the contract from a legal, financial, and operational standpoint.