Looking for new revenue? If you haven’t yet, start with existing customers. 2nd best? Referrals. 3rd best? Network. 4th isn’t worth it. Kevin M. Huff, @kevinmhuff on Twitter
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Becky started Small Biz Survival in 2006 to share rural business and community building stories and ideas with other small town business people. She and her husband have a small cattle ranch and are lifelong entrepreneurs. Becky is an international speaker on small business and rural topics.
I am honored! Thanks for posting my tweet.
Twitter Name: @kevinmhuff
Kevin, thank you for writing an entire post in 140 characters.
I agree to look within in these tough times. Another perspective is to look at your entire supply chain from suppliers to customers and identify opportunities to reveal hidden wealth. Most small businesses manage inventory but they do not optimize it. Many small businesses can reveal 15% more wealth that can be used to not survice but thrive.
John, yes, besides increasing revenue, finding ways to decrease costs is the other big focus.
Nice post! Small but drives home a point.