Below are seven key methods for growing your business.

One: Increase client retention rate.
Keep current clients happy - it is easier to keep existing clients than it is to attract new ones.

Two: Increase leads generated.
Drive more potential clients to your website, phone line and premises.

Three: Increase prospect conversion.
Follow up those who’ve made enquiries, show interest and build rapport - help prospects to buy from you.

Four: Increase transaction value.
Upsell additional services or bigger volumes to your current clients or customers.

Five: Increase transaction frequency.
Encourage clients or customers to buy more frequently.

Six: Reduce cost of sales.
Identify ways to save time and resources in order to make more sales - drive efficiency and variable cost reduction.

Seven: Reduce overheads.
Review your business costs to identify fat that can be trimmed (not muscle).

If you would like to discuss further please contact us:

McNamara & Company - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandco.au
Phone +61 3 9428 1062
Email admin@mcnamaraandco.au

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