A niche is a distinct business focus that allows you to achieve your goals by narrowing your area of specialization.
To create a well-balanced niche, you can consider 5 aspects of a good marketing strategy. Keep reading to find out what they are.
Tag: profit margins
What’s in a Name? Why Business Owners Have the Gift of Choice
We don’t get to choose our first name, at least not for the first 18 years of life. It’s something our parents pick; their first gift to us, so to speak.
While we do have the option to change it once we reach adulthood, most of us stick with our given name for life.
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Introducing the Featured Niche Practitioner Series
I’m so excited to introduce a brand-new blog series!
Each episode will feature a summary of my in-depth interview with a natural health practitioners from across the globe. They will share why they chose a niche specialization for their practice, which patients they serve, and how they have benefited from narrowing their practice focus.
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Why a Niche Will Make Your Healthcare Practice More Successful
The natural health industry is booming.
With rising costs of conventional medicine, consumers are increasingly receptive to trying alternative healing methods—many of which are finally getting well-deserved recognition for their scientific validity.
Even with this tremendous opportunity in the vast healthcare industry, many practitioners make the mistake of offering services that are broad, generalized, and non-specific… which leads to a practice that is forgettable, even in a booming market.
In this post, I’ll explain why choosing a niche can help your practice stand out and succeed.
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How to Create an Ideal Customer Bubble Graph
Today, I want to share a really useful tool that can help you identify your best customers. It’s called the Ideal Customer Bubble Graph.
This is a great way to know which of your customers are Ideal—individuals who have following qualities:
- They generate the highest profit margins,
- They give you the fewest problems,
- They align closely with your philosophy, and
- They help your company to move toward its strategic goals.
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How to Create the Perfect Workplace Environment
When you walk through a business for the first time… what is the first thing you notice?
Maybe the way it feels, looks, or smells? Is it the how the receptionist greeted and offered to help you?
Is it the attitude and friendliness of staff?
Is it the degree to which your needs were met before you even had to ask?
Successful business owners know how important first impressions are to a potential buyer. Little things can have a major impact on a customer’s decision to invest in your services or products.
It’s easy to overlook certain aspects of the workplace environment that could be turning people away. In this article, you will find out the 5 elements that can turn your business environment into one that increases both your profit margins and customer satisfaction.
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Special Offer: Free “Year In Review” Coaching with a Discovery Session!
Get an Hour of Coaching When You Schedule a 90-Minute Virtual Business Risk Review
Do you wish someone could help you decide WHERE to focus your time in 2019?
Are you in need of an expert who can make sense of your company’s
- business policies,
- internal processes,
- Ideal Customers, and
- profit potential?
Continue reading “Special Offer: Free “Year In Review” Coaching with a Discovery Session!”
Analyzing Profit Margins FAQs Part 2: Profitability
A company’s margin of profit is one of the most important indicators about its health.
In this second post, I share answers from my live video event including:
- Which numbers should I be looking at?
- What’s the difference between a Measure, Metric, and KPI?
- Are “sales” and “profit” the same thing?
- How do I expand without running out of cash?
This article also jumps into the topics of Transaction Avoidance, Lottery Mentality, and self-sabotage as a business owner.
Watch part 2 of the recorded video here, or read the transcript below (including bonus content!)
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Analyzing Profit Margins FAQs Part 1: Perceptions
Can our personal beliefs about money influence our company’s success?
How do our perceptions impact business decisions?
Why is the “Fake It Till You Make It” mindset dangerous?
I answer these questions—and much more—in my Live Facebook Video. Check out the recorded video here, or read the transcript below (including bonus content!)
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New Facebook Live Series on Business Vision, Profit Margin, and Niche Markets
LaConte Consulting announces 30-minute live videos to answer FAQs
VANCOUVER, WA, July 19, 2018—Business consultant Grace LaConte is hosting a 5-part series on business topics on the Facebook Live platform.
Each session will include answers to both live and write-in Frequently Asked Questions by business owners.
Continue reading “New Facebook Live Series on Business Vision, Profit Margin, and Niche Markets”