Give your income a boost!

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It all starts with a complete understanding of your business's financial situation, then continues with the assignment of a quota and quotas for you and your team to shoot for and finally an organized approach towards hitting those targets within a specified time.

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Here are effective actions you can take right away in the direction of meeting and exceeding your income goals.

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1.  Examining how your business handles income

Your income travels through your business as food travels through the body. Just as a doctor examines the body to point out deficiencies and looks to proper nutrition as the solution, income can be said to provide the proper nutrition for your business. By examining how your business takes in, processes and improves upon your ability to receive income, you can come to understand what your business needs to survive.
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2. Revealing your financial scene

Just as doctors use numbers to measure body processes, you too can know the exact numbers required for your business. You can calculate the income your company made within a week, figure out how much other areas contributed to that amount, and where you are falling short in those figures to achieve your goals. The numbers and potential solutions will jump right out at you.
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3.  A common purpose

Once you know the numbers needed, it’s time to alert your team. As the leader of your company, your team looks to you for guidance. What better guidance than to clearly outline the numbers your company needs to meet to grow and be prosperous.  After all, that’s what your team is for! To back you up and help you achieve the goals YOU’VE set for your company!

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4.  The heartbeat of your business

Lastly, you must keep the understanding of numbers and quotas at the forefront of your team’s actions! Like the driving heartbeat that keeps a body moving. You must regularly promote these numbers and quotas to your team on a weekly and sometimes daily basis to keep actions aligned towards the common goal. This is done through communication and by serving your team to help them perform their jobs better.

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These are basic actions you can take to boost your income. It’s one of the most revealing things a business owner can do towards achieving their goals and it’s something we take great pride in helping business owners with.

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