Mastermind Consulting Network
- Marketing –
Know your market, who are your prospective customers, what they need,
what they want, and the prices they are willing to pay.
- Product –
Create the products and services that your market wants, demands, and
will gladly pay for!
- Price –
Price your products and services so that they are affordable to your
market and are perceived as a GREAT VALUE.
- Communication –
Communicate directly to your prospective clients who you are, where
your located, what you have to offer and why you are their obvious best
- Operations – You
MUST have a systematic production process that consistently and efficiently
produces high quality products and services for customers. A key element
of the system MUST be to closely control the cost of goods sold in order
to maintain a viable profit margin for the enterprise.
- Collections – In
the end you MUST get paid for your products and services. A systematic
and effective billing and collections process is VITAL. Losses due to
uncollectible accounts can bankrupt a company in short order!