How to Turn Your Clients into Raving Fans!

What do your existing clients think of you?
The best place to start is by sending a questionnaire to your existing clients and anyone on your prospect list. It’s a good opportunity to ask for their opinion on what they like about your service and what improvements could be made. You should begin to see some similarities in the responses which will give you an idea of how your brand is perceived.

How to Turn Your Clients into Raving Fans!

We all hear about branding and how important it is to your business. But branding is not just about your web site or logo, it’s also about the associations your clients hold with you and your company name. The more positive that association, the more likely they may be to remain loyal to you when times get hard and competitors start slashing their prices.

So how do you know how you are perceived by your clients and prospects and how can you set about improving or building on your brand? Check out the following series for more.

How to Stay Focussed on Your Business Goals

In a nutshell:
In the end, the success of your VA business is entirely and completely reliant upon you and the decisions that you make. Success is within your reach, if only you can stay focused on your goals. You must decide to reach for your goals, and then, you must have the discipline necessary to reach them.

How to Stay Focussed on Your Business Goals

5. You should allot a certain portion of your day to email and to regular mail. For example, allot one hour in the morning and one hour in the afternoon to handling all your written communications. Unless you dedicate specific time slots to the handling of email and post, you will soon find yourself on the downward slope of decreased productivity as you constantly check and respond to email to put off whatever you should be doing.

How to Stay Focussed on Your Business Goals

4. Don’t permit your friends and extended family to put on you. Many people are under the misapprehension that if someone works from home then they are not actually working. They may believe that you are fair game for a social call during the day or that you may be able to run errands that would otherwise mean them taking time off work.

It’s really important to set the ground rules early and then stand firm. You must make certain your friends and family understand that when you are working, then you ARE working and that when your time is interrupted, you will not be earning. You are the only one who can stand up for you. Your friends and family will seldom be able to appreciate your dedication to your business, unless you make the effort to make sure that they have the same respect for your business that you do.

How to Stay Focussed on Your Business Goals

3. When you are dealing with family in the course of your workday, it is important to schedule your activities as much as possible. With small children, you must take time when you need to, but you should also work hard to make sure you dedicate a specific number of hours to your workday.

With older children, it is much easier to tell them that you will be working between the hours of x and y. Then your children, and even your friends, must understand that certain hours of your day are devoted to the activities of your business.

How to Stay Focussed on Your Business Goals

2. Remember that owning your own business is not the same as being employed in a job. Some people go to work and coast along, playing games or enjoying online social networking (Facebook and co.), some socialise over the kettle or printer, and others, most often those who are paid in a commission or tip environment, go to work to work and to make money. When you work for yourself, what you make in terms of money is directly proportional to your productivity. Therefore, wouldn’t it make sense to stay focused on getting as much done in as short of a period as possible?

Go to work to work and to make money. Leave socialising for when your workday has ended.

How to Stay Focussed on Your Business Goals

1. Whatever your reason for going out on your own, you must keep your reason in the forefront of your mind. If you forget your reason for starting your own Virtual Assistant business, you will not be working for yourself for long. It is far too easy to let circumstance drive you and when circumstance is in the driver’s seat, you are more likely to crash and burn.

How to Stay Focussed on Your Business Goals

As the owner of a Virtual Assistant business, you will find hundreds of distractions that vie for your time, energy and focus. Common distractions can include children, family and friends, neighbours, pets, constant telephone calls, mail and deliveries, household chores, television (Lorraine Kelly or Loose Women anyone?) and so many more.

As the owner of your own Virtual Assistant business, you must always remember your purpose in bringing your profession home. What was your reason for wanting to own your own home based business? Was your goal to work from home so that you can share more in the lives of your children? Was your goal to be out from under the rule of a dictatorial boss? Was your goal to have the freedom to work when it is convenient for you? Was your goal to reap the rewards of your efforts and make lots of money working for yourself?

Whatever your reasons for starting your VA business, over the next few days we will give you a few tips that will help you stay focused.

Creating the Right First Impression

Do What You Say, When You Say You Will
It sounds obvious but make sure you follow up. If you have said you will send through a contacts details, make sure you do it. If you have arranged to send through more information by the end of the day, make sure you do. Nothing will kill a relationship faster than not following up as and when you say you will.

Creating the Right First Impression

What Else Can You Add of Value?
When you are meeting a prospect or attending a networking event you will understandably be focused on what you can get out of the experience. But be prepared to give a little too. It could simply be making an introduction to another of your contacts that could be useful to your prospect or offering a free piece of advice or your expert opinion. Small helpful acts like this will create a great impression and ensure you are memorable to your prospect.

Creating the Right First Impression

Make Yourself Clear
Make sure you are prepared for the specific situation. If you are attending a networking group, make sure you have perfected your one minute presentation and are prepared to speak to prospects on a one-to-one basis and have a ready answer to the inevitable question ‘What do you do’. If meeting a prospect who knows a little more about you and your business, make sure you are clear on what you are offering and how your service works and be prepared to explain this in simple terms with out jargon.

Creating the Right First Impression

Are You Interested?
As well as having the opportunity to speak about yourself and your business, it is equally important to show interest in your prospect and their business activities. You will create a great first impression if you listen carefully and ask questions. By doing this you will be able to find common points of connection as well as identify areas where you will be able to help them professionally.

Creating the Right First Impression

Oozing Confidence?
Now you’re sure you look the part you can walk into any room with your head held high and confidence intact. Arrive in plenty of time for any appointment as you don’t want to be rushed. Stand up straight and tall and look the other person in the eye when introducing yourself, and don’t forget to shake hands firmly – no-one likes a limp lettuce handshake!

Creating the Right First Impression

Looking Good?
Is your blouse ironed or are your shoes in need of a polish? It may sound immaterial but in the eyes of your potential client the care you take over your appearance symbolises the level of care and attention to detail you would take over their work. If you turn up with chipped nail polish and lipstick on your teeth they may wonder if you going to send out their letters with spelling mistakes or send emails to the wrong people. Make time to check your appearance before meeting your prospects.

Creating the Right First Impression

As the old saying goes, you only get one chance to create a good first impression. When you are running your own business, it’s imperative that within the first few seconds of meeting you or being introduced to your business, you create a great first impression. In the following series, we’ll give you some simple tips that will have the prospects that you meet being impressed by you, liking you and, critically, wanting to do business with you.

Peter Jones’ 10 Golden Rules of an Entrepreneur – Rule 3

Rule 3: Build your confidence

If you don’t believe in yourself or your idea, why should anyone else? Gain confidence through gaining experience, skills and knowledge. Change your perception of failure to realise that it provides feedback. Feedback provides essential learning to help know what not to do the next time.

Peter Jones’ 10 Golden Rules of an Entrepreneur – Rule 1

Peter Jones is a proven businessman and star of the BBC’s Dragons’ Den. He is also a judge for the BT Business Essence of the Entrepreneur 2008 awards. His entrepreneurial journey started early when, at the age of 16, he founded a tennis academy. He then set up a computer business, along with other business interests.

Peter has won many national awards, including Emerging Entrepreneur of the Year in 2001. Now in his early forties, Peter is considered to be one of the UK’s leading entrepreneurs.

 

Over the next few posts, we will be sharing Peter’s top tips for an Entrepreneur:

 

Rule 1: Have a vision

Your vision is your destination. You’ll need a map to help you reach that destination, which will be made up of goals and results. The vision is the vital part, otherwise, you won’t know where you are heading and your goals will be irrelevant.

 

Are Your Feeling the Pinch?

6. BUSINESS SURVIVES ON THE BOTTOM LINE. NOT THE TOP LINE

Don’t worry about growing revenue. Worry about growing profit…. Make sure you understand what drives profitability in your business. To spur demand, you may have to get creative with pricing and product offerings, and you don’t want to put something out there that is actually unprofitable.

Consider diversifying to make the most of potential opportunities. Others’ weaknesses and instability could work to your advantage. You never know – you may identify a new market.
You can find more free advice and useful resources like this at www.venturenavigator.co.uk

VentureNavigator is a state-of-the-art online business planning tool designed to help start-ups and small businesses improve their chances of success. Anyone can log on to the VentureNavigator Web site, submit a potential business plan, and receive a personalized assessment on its strengths and weaknesses. VentureNavigator also offers a user forum, where users can interact with each other, discuss current topics, and offer their own business advice. The service is funded by the UK Government Higher Education Innovation Fund (HEIF), ensuring that the service is free of charge to end users.

Are You Feeling the Pinch?

5. TALK TO YOUR LENDERS
If you have debt financing, stay in communication with your creditors. Don’t wait until it’s too late before speaking with your lender. When you are already in a crisis and haven’t provided any warnings, situations may prove tricky. Maintain constant communication. It will help you should you ever need to renegotiate terms.

Are You Feeling the Pinch?

4. YOU CAN ALWAYS CUT MORE

You can forecast expenses, you can’t forecast revenue. Look for places to cut expenses. When times are good, companies tend to add staff and expenses that are nice to have, but not critical. It’s time to take a fresh look at those.

Keep focus on core markets and spend money solely in those areas. Avoid putting cash and time into areas that have proven less profitable.

Many companies begin by cutting advertising / marketing budgets. This can be a mistake. Instead of cutting these budgets, review the methods you are using. Are there more cost effective routes to market? Does your current strategy bring in the right results? If not, rework your efforts to deliver the best possible results.

Are You Feeling the Pinch?

3. DON’T DEPEND ON ANYONE

Keep a close eye on your suppliers, and have alternatives. In a downturn, some of your suppliers may become troubled as well, and you need to think about alternative sources for your critical inputs.

Are You Feeling the Pinch?

2. COLLECT WITH PASSION

On a related point, manage receivables aggressively. Businesses are holding on to their cash longer than before, resulting in late payments. These late payments are having a ripple effect through the SME community. Receivables will trend up, and some of your customers may become troubled as well. Don’t keep extending credit.

Are You Feeling the Pinch?

How are you finding the economic downturn? Is your business booming as you pick up new clients love the flexibility that a VA can offer as they are less inclined to hire staff at this uncertain time? Or are you finding that clients are cutting back on their hours with you and taking longer to pay? Entrepreneur and former Dragon Doug Richard shares his Tips For Survival In An Economic Downturn.

 1. CASH IS KING

Manage cash – if you’re out of cash and out of credit, you’re out of business. You need a good 13 week cash forecast, generated NOT from the income statement but from a detailed understanding of receipts and disbursements. Monitor trends in your cash flow to keep on top of any sticky situations.

Managing Your Own Workload – Marketing Activities

Keep on networking.

This is often the first thing that gets dropped when you become busy with clients work. I know; I’m guilty of it myself. But when you suddenly disappear from groups you have been a regular at, often the assumption is that you are no longer in business. Accept that networking is part of the ongoing development of your business, choose one or two groups that you will remain a regular at and keep going. Even if you are not looking for more clients, you will still establish relationships that you will benefit from later on.

Managing Your Own Workload – Marketing Activities

Social networking.

If you have a profile on sites such as Ecademy and LinkedIn, it’s easy to spend hours each day on and off the site responding to requests to link. Set aside some time each week for social networking and respond to invitations then. Also user this time to seek out new connections of your own, join and post to groups, etc.

Managing Your Own Workload – Marketing Activities

Happy New Year! Are you sitting comfortably? Then we’ll begin…

Writing your blog.

The same writing advice applies here as it does to newsletters but with the added bonus that you can schedule your posts for in advance. I’m actually writing this on the 30th October but you’ll be reading it weeks later!

Managing Your Own Workload – Marketing Activities

Writing your newsletter.

If you write a newsletter, be it weekly, monthly or whatever, try to write in blocks. It can be hard to find a quiet time to sit and write but when you do, often you feel like you could write for hours. Do it when you feel inspired and then split the content over several newsletters.

Now get packed up and close the office for Christmas and we’ll see you in the New Year!