Return to NASE.org

GET CONNECTED TIPS
Nifty ideas you can use to build a better business


Cut Costs

Every dollar you save in business expenses goes directly to your bottom line. So, cutting costs can improve profits immediately. Looking for ways to save? Try these three ideas:

  1. Instead of sending first-class follow-up letters to clients, send a postcard that costs less in postage

  2. Rather than treating clients to dinner, invite them to lunch, which is usually less expensive

  3. Don’t pay for business consulting services that you might be able to get for free from your local office of the U.S. Small Business Administration or a Small Business Development Center


Direct Marketing To The CEO

When prospecting for new customers, don’t send generic direct mail letters to the chiefs of companies. Instead, create a personalized letter – from one president or CEO to another. Emphasize the common challenges you both face as heads of businesses. Offer a brief description of your products or services, but don’t go heavy with a sales pitch. Keep the letter short and give the prospective CEO your direct telephone number.



 

Return To Contents

 
Sign Up To Get The FREE Get Connected E-Letter for Entrepreneurs and Self-Employed Pros

The biweekly "Get Connected" E-letter is your source for the tips, tools, and techniques you need to stay a step ahead of the competition.

Subscribe Now

Read Our Latest Issue
This Month:
Performance Reviews Help Create Great Employees

Tip: Performance reviews are maintenance programs that keep your employees running in top condition.

Read More

 

© 2007 NASE All Rights Reserved.