Growing Your Business in Tough Economic Times

Posted on | January 27, 2009 | 1 Comment


This entry is part 1 of 3 in the series Growing in Tough Economic Times

Chuck Reddick | Vice President of Sales, Energetix Corporation

This last Wednesday I had the privilege of sharing a webinar with Gregg Hake, President and CEO of Energetix. During the webinar, which was about growing your business/practice during tough economic times, he mentioned on several occasions the need to have a strategy for your practice.

From personal experience, the best way I know of to develop a strategy that will assist you in the growth of your business can be found in completing a Business Plan. A good business plan will help you identify a number of good starting points including:

  • A Vision for your business
  • The development of Strategic Partnerships that will assist in the growth of your business
  • What Sets You Apart from others; why should a patient come to you rather than another practitioner
  • A Financial Plan that will allow you to grow your business without ever again having to worry about cash flow

We at Energetix have created a Business Plan template that might be of value to many of you. Please let us know if we can assist you in this endeavor by contacting your representative.

Comments

One Response to “Growing Your Business in Tough Economic Times”

  1. Brad Baetz Brad Baetz
    February 5th, 2009 @ 9:13 am

    Everyone needs a guide of some sort.
    A business plan is just that, a guide to keep us on track. This basic concept has helped many of my practitioner/clients stay on track. You either take control of the direction your business moves or it takes control of YOU! I highly recommend speaking with someone who can help begin the process.
    Stay on track!

    Brad

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