02 Feb PUBLIC SPEAKER: HERE’S HOW TO RETHINK YOUR BUSINESS PLAN AND STRATEGY
As public speakers, one of the most important points we touch on is the need to consistently reimagine and reinvent your business strategy to remain relevant. However, that often seems easier said than done. But as we’re pleased to note, you don’t need to wait for public speakers to show up and share important points at meetings and conventions to learn the secret to surviving and thriving, even in challenging times. Rather, just purposefully make a point to look at the challenges you face from fresh angles, and keep an open mind when it comes to responding in turn.
Topic: How to Profitably Reopen: Weekends, Shift Work, On-Demand Delivery
Scenario: Many businesses – e.g. restaurants, which operate on volume – are being radically impacted by the need for social distancing and new regulations, forcing owners to have to fundamentally rethink their business models. This may change when we work as well as how, as business leaders need to refocus around peak times and opportunities.
Insight: Work schedules and operating hours (as well as operating models) need to change to reflect the shift to operating at half or quarter capacity. It’s vital to reexamine how your business operates, reflect on peak hours and opportunities, and reconsider how you can reconfigure processes, procedures, and plans to capitalize on opportune moments and avoid overspending on efforts that produce diminishing returns.
Topic: Coronavirus Relief: How to Renegotiate Your Bills and Expenses
Scenario: Business owners (especially small business leaders) have a ton of expenses piling up even as they’re struggling to reopen: Rent, bills owed to suppliers/vendors, invoices for equipment leases, etc. – but oftentimes, many things are negotiable if you know how to ask.
Insight: Cash flow is vital to a business: Luckily, companies are willing to cut deals to keep your business – specific tips, strategies, and even exact scripts that can be used to get the conversation started, and renegotiate bills or expenses so you can improve yours. Leverage them, and you can quickly find out how to take back control of your finances, and get some much-needed relief if you need more time or wiggle room when it comes to payments.