Mid-Year Biz Review

Mid-Year Biz Review

Mid Year Review – WHO is doing one?

Have you started or do you have a plan to do this in the next week or so?

WHY is this important? CEO’s check in on their business, see where they are and make sure they are on the right track. We have only 182 days to reach your goals and see the success you know you want from your business.

WHO has started or is going to work on a mid year review?

I broke the mid year review down for you. See the challenge I put out in Part 1 – it’s fun and you will love it!

Part 1:

It’s important to check in on yourself and your business mid-way through the year, let’s set you up for a super successful end of the year! đź‘Š

  • listen to episode 59 of the podcast for the “what” and here in this video I will share some “how”.
  • review your first 6 months’ data and yearly goals
  • review the foundational pillars – what’s working, whats not, what habits and skills are, and goals that need attention or need celebrating?
  • take the 1 simple challenge I share in this video

Part 2: 

Some questions to consider as you are checking in on yourself and your business:
  • where am I with the yearly goals I set?
  • what are the main goals I have for the rest of 2021? (Revenue, how I want to feel about my business etc)
  • Consider – revenue desired, ease, eduction, what backstage CEO “stuff” you need to clean up, any marketing you need etc
  • Set the goalposts
  • Make a revenue plan to get to the goal post (hint: we don’t have to do everything – we have to do the right things that matter)
  • What would help me be in the best position to make this happen?
  • What do I need to action in Q3? (hint: Q3 is the time to get yourself READY for Q4)
  • What do I need to action in Q4? (hint – this is probably not the time to be doing big projects etc – Q4 we want to be present and doing what we do best – selling, serving, managing our business)
  • What do I honestly have the bandwidth and time for?
  • What is something that if I just get it done it will move the needle for more sales/profits/ease for me?
  • What big rocks (important life things) do I need to make time for?
  • braindump everything, eliminate the wants not needs, identify the training, help or coaching you need to get what you need done (leap frog where you can)
  • there are only 180 days left in the year, how can I use every day to get to my goal?
  • How can I keep this SIMPLE?
  • Set SMART goals if you want to attach goals (specific, measurable, attainable, realistic, timely)
What/Why is a local Social Media Influencer? with expert Jennifer Naugler

What/Why is a local Social Media Influencer? with expert Jennifer Naugler

Join me as I chat with Jennifer Naugler about working with a local influencer to help with your marketing.

Is anyone already working with an influencer?

Anyone thinking about it?

You can see Jennifer’s info here: https://www.facebook.com/Jensimplelocallife/

FB Ads Basics with expert Sheena Murphy

FB Ads Basics with expert Sheena Murphy

Let’s simplify FB ads for you.

Sheena is going to do a tutorial on the back end of FB ads manager so you can see what she’s referring too if you are not using it.

It’s in your FB business manager section (click and look around if you have not been).

What other questions do you want me to get her to answer, or would help, we’ll put some more FB ads together.

Merchandising Series

Merchandising Series

It’s MERCHANDISING WEEK!

This week watch for daily quick daily merchandising tips for you to help you see the most profits from your retail displays.
Merchandising is a MARKETING TOOL, not just about making your store pretty.

I KNOW you have that part covered, and YES your store needs to look pretty.

But there is a science and phycology to why customers buy.

Now more than ever we have to offer the best experience for our customer and optimize every sale, we don’t have time or energy to waste.

  • Merchandising is a marketing tool
  • There is science and phycology to why people buy
  • It’s not about us, it’s about our customer
  • It’s about our customer’s experience
  • Proper merchandizing will increase your profits
Expert Guest April Stroink

Expert Guest April Stroink

So excited to go live with Money Coach and Profits First expert April Stroink. April shares the principals behind the Profits First system and how shifting our mindset helps. It is something I wish I started years ago, most especially with my retail business. 100% worth what seems like an effort up front to start it.
 
We have implemented this in 2 of our businesses and it’s like a wave of ease has come over us and for the first time in 30 years of running businesses my hubby is 100% involved in the day to day expenses and you will find us high-fiving when we save money or get a good deal.
 
If you have ever heard me coach about money before- I always say EVERY % COUNTS, increase your profit margin by just 1% or decrease an expense 1% that is 2% MONEY FOR YOU!
 
I’m tired of seeing entrepreneurs not pay themselves a living wage and working SO HARD, so I really wanted you to meet April.
 
YOU DO NOT NEED TO TAKE HER COURSE or HIRE HER, you can do it alone, following the book and there are TONS of resources on this site too:
 
I encourage you to read (or listen) to the book if you are curious about this way of running your businesses.
The 5 bank accounts is no big deal, I thought it would be – its not.
Even my bookkeeper is like “ya, no problem” it’s just a wee bit of work up front.
 
Tell me what you thought of this session- I really want to know! 💰💰
Inventory Management Series

Inventory Management Series

This is our 5-part INVENTORY Masterclass and Implementation series.

In each session, you will receive information on how to manage your inventory. We will be covering WHY it’s important to plan and understand your inventory, HOW to know what product lines to carry, HOW to choose a POS system (or if you already have one, how to use it to its fullest), inventory budgeting and pricing. If you have any questions along the way or if you have any aha moments will going through each part, post them on the Inner Circle FB group!  🙂 Wendy

 

Masterclass Inventory Management

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