Small Business Tax Deduction Strategies: 10 tips on Section 179, home office write-offs for the self-employed, tax deductions for vehicles, rental depreciation, real estate capital gains and more!.

Build an effective referral network

For some owners of growing businesses, the thought of generating leads at a networking event is enough to make them cringe. After all, many do not want to spend their limited free time in a crowded room, attempting to sell their company’s products or services to disinterested prospects. Moreover, they often end up with little to show for their time investment.

Get the skills you need to build lasting, impactful networks... Business Networking: How the Well-Connected Employee Can Help Your Business

Instead of networking with potential customers, consider networking with other businesses that can help you succeed, suggests Alan Bayham, president of Bayham Consulting, LLC (bayhamconsulting.com). With this approach, the companies within your circle of influence refer customers to each other and also share skills and expertise to enhance their own business. Bayham offers these tips to make your sales lead generation endeavors with other businesses succeed:

  • Know thyself. Before you attempt to network, pinpoint precisely why another business would want to partner with you and refer their customers to you. Simply saying you offer “great customer service” or “lower prices” is not unique. However, offering a lifetime guarantee or same-day delivery may be key factors that set you apart.
The Shyness Institute at Stanford University reports that almost six in 10 Americans say they feel shy or uncomfortable at business and social events — up 50% from our parents' generation. Business Networking: How the Well-Connected Employee Can Help Your Business
  • Network face-to-face. When you network, make sure you do it in person, not through emails or phone calls. Attend Chamber events, form a “mastermind” group with other businesses, or join a referral or networking club. You can even go to another business and introduce yourself to the principals. You need to see and gauge body language, facial expressions, and eye contact to know if you’ve truly made a connection and a valid networking contact.

  • Follow up. Chances are, someone won’t remember you after one brief meeting. You’ll need to remind the person of your business and restate what you said you could do. Also, realize that following up with someone doesn’t always involve business talk. Take your contacts out for breakfast or lunch. That kind of personal touch will greatly enhance the relationship.
In a time when social networking on LinkedIn and other sites has captured most of the attention, presenter Lynne Waymon, CEO of Contacts Count, will show you why developing the face-to-face networking skills of your employees is still the key to getting out ahead of your competition.

In Business Networking, we’ll explore:
  • Unconnected employees: who are they?
  • Nine ways unconnected employees are detrimental to your business
  • Training tips that guide employees to better internal and external communication
  • How to create, cultivate, and capitalize on internal and external connections
  • 10 things you can do now to build networking competencies in your workforce
  • What are the core competencies of a business networking skill training program?


Small Business Tax Deduction Strategies: 10 tips on Section 179, home office write-offs for the self-employed, tax deductions for vehicles, rental depreciation, real estate capital gains and more!.


Comments




Leave a reply:
Your Name *: Email (private): Website:
Please copy the characters from the image below into the text field below. Doing this helps us prevent automated submissions.
Security Code: img