What will the next two years bring for your business? The answer to that question is: Who knows!
Which economic authority on the subject do you want to listen to? Do you want to listen to the doom and gloom person? Or do you want to listen to the overly optimistic person who believes the country is out of recession and into a definite recovery?
Although we all would prefer for everything to be just fine there are many factors in the economy right now that indicate uncertainty about the future and how this may translate to business.
So here is what you want to consider as you evaluate your business plan: You have already cut your business expenses and downsized your employee staff. You focused on the operations side of your business.
Now is the time to intensely start focusing on sales and marketing. Make it a priority in your business to start doing a better job of supporting your relationships with established customers and developing and refining a marketing plan to find new customers. This is the time to build your business. Start to get out of debt and build cash reserves so if the economy doesn’t improve or it stalls and sputters as it heads towards a sustained recovery you have the financial cushion necessary for your business to survive.
Sales are everything to your business. Start focusing on sales today to ensure your company will succeed and prosper in the future.