4. How to Be Your Own Business Adviser – Key Info

 

4. How to Be Your Own Business Adviser – Key Info

 

Every business has key pieces of information that are really useful to know.

Yes, monitoring your money in and money out is useful.

 

But today I am talking about something that is not money orientated!

 

It is usually comes under promotion.

 

For example, how many times you have engaged with people?

Giving talks, posted in social media or invited them to buy?

 

Whatever it is, to get out there and engage with people, to keep the customers coming in.

 

Monitoring and making sure you keep doing it, ensures that the customers keep flowing to your business.

 

What is your most reliable method of finding customers?
It could be as simple as handing out a number of business cards!

 

Thank you very much for watching.

My name is Jenny Bracelin and I am a business adviser and money coach.

 

Please follow me on Facebook, YouTube or sign up to my email newsletter at www.JennyBracelin.co.uk

 

 


Picture of hope

How Could You Grow Your Business with a £50,000 loan?

How could you grow your business with a £50,000 loan?

 

A reasonable question asked at a business networking meeting recently.

 

There was a lot of shuffling of feet and looking at the floor.

 

I realised the last few years, has taken its toll on everyone.

 

It feels like a very long January, where people are hung-over and tired!

Which is the perfect time to look after your health and plan the year.

 

Customers are buying, just carefully.

 

Listen to them, look at your market and have the courage, to find ways to meet their new needs.

 

For example, retailer John Lewis, is expanding into services.  Having bought your interiors at the shop, they will arrange for tradespeople to install them.

 

With the right product, sold in the right way to the right customers, you will make money and grow your business.

 

Maybe start small, before taking that £50,000 loan.

 

But you can do it.

 

 


3. How to Be Your Own Business Adviser – Customers

 

Where do your ‘best’ customers come from?

 

By ‘best’, I mean the people who pay you the most money, as opposed to the ones you like best.

 

Because once you know where they come from. You can find more of them.

 

Maybe it is referrals, possibly from just one person?

Perhaps a networking group, social media campaign or even adverts.

Then you can direct your efforts, more fruitfully, into getting more of those customers.

 

More excitingly, you can stop doing those things that don’t work.

 

My name is Jenny Bracelin and I am a business adviser and money coach.

Please follow me on Facebook or sign up to my email newsletter for tips on running your business simply and well.

 

 


2. How to Be Your Own Business Adviser – The Money

 

2. How to Be Your Own Business Adviser – The Money

Who Are Your Best Customers?

It seems like an obvious question and often people tell me. But when I look at their figures, I find the answer is something different to what they thought!

 

Quite interesting. (see my post on logic and intuition in business for why this happens).

 

Today what I would like you to do is to look at your figures and find out who your best customers are?

 

What I mean by BEST, is the people who pay you the most money, over a period of time.  Whether it is a week, a month or a year.

 

Often I find it is the quiet ones.  The ones you don’t really think about?  They pay you regularly, on time, enjoy what you do and refer you.

 

Those are the customers we are trying to find.

 

Look at your figures and add up how much each customer pays you – you will be surprised at the totals.

 

If you don’t have figures, don’t worry about it.

I have a 15 minutes bookkeeping course, that will talk you through how to set up your books.

 

My name is Jenny Bracelin, thank you for watching.

 

 


1. How to Be Your Own Business Adviser – About You

1. How to Be Your Own Business Adviser – About You.

 

Business Advisers tend to look at the whole of your business.

They look at what solutions they can find to improve.

Personally, I tend to focus on you, your customers and the money. I find those make the most difference.

 

Today, I am looking at YOU.

Specifically, what is working in your business.

 

So that fact your are in business, that’s great.

You have set up in business, you have a price, got some customers.

Maybe you have a website, been doing social media or perhaps  got yourself organised?

All the things you have had to learn, in order to run your business.

 

Make a list and acknowledge yourself.

Celebrate how far you have come in business.

 

I always think starting with the positive is the way to go.

 

My name is Jenny Bracelin and I am a business adviser and money coach.

 

Please follow me on Facebook, YouTube.  Sign up to my email newsletter below, for more tips on how to run your business well.

 

Thank you for watching.

Jenny

 

 

 


What Do I Need to Do at the End of the Month?

 

What to do at the end of the month?

 

People spend hours worrying about money. It really isn’t necessary.

The first thing to do is to get reality.

 

To find out what is actually happening and that is what we are talking about today.

 

The first thing:

Add up all the money that has come into your business.  All the money in.

The second thing:

Add up all the money out from your business. All the costs.

Yes the third thing:

Take away the money out from the money in, so you are left with the difference.

Hopefully it is profit.

If it is not, don’t panic, at least you know the figures and you are out of denial.

 

Otherwise you are just loitering in denial and suffering!

 

Working out your figures, is the first step.

 

Then if you want to be a bit more sophisticated.

 

  1. Ask yourself what worked this month? What brought the money in?
  2. Or what didn’t work, what did I spend money on, that was more costly than I thought?
  3. You can then decide what you are going to do differently next month.

 

Also the perfect time to make sure everyone has paid you and you have paid all your bills.

 

Plus can you cover your bills for next month?

 

So it is quite simple and usually takes less than an hour.

 

It doesn’t matter whether you are doing it on a calculator and the back of an envelope or you have a sophisticated accounts system.

 

I don’t really mind as long as you know those 3 figures.

 

Your money in, your money out and the difference.

 

That’s it for this month, at the end of the month, enjoy.

For help with simple bookkeeping

 

All the best, Jenny

 

 


Money Goals that Motivate

 

Money goals that motivate and bring clarity to your situation.

So in our house, if we achieve our money goals plus a little bit extra, then we get a take-away, otherwise we have to cook.

Take-aways might not be your reward but actually giving yourself free or low cost rewards on a regular basis is extremely motivating.

 

If you work for yourself and don’t have a boss, then no one else is going to give them to you.

You need to do them for yourself.

So today we are talking about goal setting and whether you call it dreams, promises, targets, whatever, it doesn’t really matter.

What we are talking about today, is setting a simple weekly goal.

 

A simple weekly goal that is achievable, possible but just a little bit of stretch.

Just a little bit of stretch so you can achieve it.

 

For example

  • If you are just starting up setting the amount of a client, the monetary amount of one client a week is probably enough.
  • Or if you sell products and you are selling 10 a week, make it 12.
  • Often it is about consistency and achieving that money target, week in week out.  When you do you get that little reward.

 

So why do it that way?

 

I know that you might think, I can set that target but that’s not enough.  Actually you need to start somewhere.

Starting now with a weekly target builds that money goal achieving muscle.

Plus it puts you in a really positive frame of mind and when you are feeling positive about money, that makes a huge difference.

You can change it in the future if you want, well you hopefully you will once you go through those targets.

 

Think about it on a Friday night, or Friday you are thinking, oh I haven’t quite reached my goal.

 

It can be quite fun thinking how am I going to reach my goal?  Then the satisfaction of achieving it or looking at why not?

 

Or if you have had a really good week, having the afternoon off and enjoying yourself.

 

So if you would like to talk about setting your money goal, you can book an appointment with me for a 121 consultation either via Facebook or my website

Thank you for watching.

 


Connecting with your Customers

 

A bit of a scrabble today!

As you can probably hear, I am not at home, I am at the WiRE Conference in Newport, Shropshire.

 

I have my lovely stand here and you can probably see people behind me on their way out.

I have balanced my phone on a water cooler (and a lady just grabbed a drink and the whole thing wobbled!)

 

I just wanted to say, that today is about getting out and meeting people.

Because when you explain what you do to 130 people, you get it much clearer.

Also you are just amazed who you meet, I met someone and we are going to meet up and have a coffee to talk about collaborating, plus I learnt such a lot too, the speakers were excellent at always.

 

Don’t get stuck behind your computer. Get out and meet people, just every now and then.

 

Try and make it something that;

  1. You enjoy
  2. Your potential customers are here, because then you might get business too.

 

Thanks very much, see you next week.


Relaxing Tax Returns

 

Relaxing Tax Returns

 

I am always looking for ways to feel good around money.

 

One of the surprising ways I have found is, yes I know, doing my tax return in April.

 

One of my clients turned up and she was so relaxed and calm.

 

I asked her “how come?” and she said “I have just done my tax return.” and I thought yes, I would like that feeling.

 

I have done my tax return in April ever since.

 

Now you could be one of the half a million people who wait until the very last day, 31st January, to do your return.

 

Or one of the 2000 people who do it on Christmas Day – not sure about that.

 

Personally, I like to get to the end of the tax year, gather everything together and do my figures.

 

Then start the new tax year fresh.

 

Not worrying I am going to find a receipt in 18 months’ time and trying to think ‘what on earth was that for?’.

 

Sometimes I pay at the same time, if it is a small amount.

 

Mostly I put a few reminders in my diary, not to spend the money at Christmas and to pay in the New Year.

 

Thank you for watching.

 

 


Intuition versus Logic in Business?

Intuition versus Logic in Business?

If you want to be wildly successful, in the business of your dreams, you do actually need both.

 

Intuition is motivation, inspiration, passion and it all sounds very exciting.

 

Logic is work-ability, day to day practicality but it also ensures you make money.

 

Not so exciting for many people!

 

In fact, we tend to go one way of the other.

 

If you do want to be wildly successful,

then focus your time and money on both intuition and logic.

 

For support, contact me, Jenny@jennybracelin.co.uk

 

Thank you for watching.