September 2010
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Your 2009 business success tip: February

Managing relationships

Relationships help to drive business forward. Whether it’s a relationship with your team, customers, suppliers or industry contacts there are some basic things that you should be doing:

  • Evaluate how you are adding value to the relationship
  • Introduce your contacts to people you feel might be of benefit to them
  • Give without asking for anything in return
  • Say thank you
  • Keep communicating

Hosting successful marketing events

By staging your own seminar or workshop you can market yourself as an expert in your particular industry. The key success factor in this type of marketing is to make your topic interesting. For example if you sell furniture your talk shouldn’t be on how great your product is, rather get creative and do a talk on interior decorating or even zone-in on the niche market and do a talk on how to decorate small spaces.

You can then leverage the event by providing examples where your product has been used and even by giving people discounts on their next purchase because they attended your event.

 
Website articles of the month

Financing the assets you need

Used to fund purchases of office and production equipment and vehicles, asset financing allows businesses to retain capital and, if selected well, should provide a competitive edge in their industry...

Does your company need a CIO?

Most business intelligence is channeled through technology, it seems only natural that chief information officers (CIOs) start participating in critical business decision-making. The question is, are they ready for it? ...

 
Business opportunities

New home or office prep service

Before people can move into a new home or even office they often have to clean up and fix up the results of wear and tear of the previous tenants. Some of the work involved in this business can include cleaning carpets, filling nail holes, painting and disposing of rubbish.

Startup Costs: Under R20 000, if you already own a vehicle

Skills needed: painting, DIY, time-management and organization

Possible clients: Building owners, landlords and new home owners

Equipment needed: cleaning supplies, vacuum cleaner, carpet cleaner, small ladder, painting equipment, cellular phone and a vehicle that can accommodate your equipment.

This business can be operated:

  • from home
  • part-time
  • without staff

Enjoyed this? Check out our Brilliant Ideas Forum for more ideas and opportunities brought to you from our readers. Post your business idea on the Succeed forum and get a set of red books for free >more

 
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Quotable gurus

"I believe the personal & organizational mantra of our times is "Add (Lots of) Value or Die!"
-Tom Peters

 
I'm interested in...

Franchise, money business opportunies, IT, marketing, sales, HR

 
Daily tips
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Succeed community
Submit your idea on the Succeed brilliant minds forum and show South Africa that you are at the forefront of the business world. Click here to submit your idea.
 
Management idea

Gratitude

Thank you notes are one of the best investments that you will make.

Whether it is your clients, customers or even suppliers showing that you recognise their contribution build rapport.

 
Special Offer

Renew or subscribe to Succeed in February for only R175 and get a Management Quick Pack e-book for free.

To take up this special offer email Thandeka now and quote FebNL in the subject line.

 
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