Although daunting, the challenge of most businesses is deciding if cutting cost is more appropriate than investing capital in hopes of a huge return. Here are a few ways to help maximize the return on your investment.
1) Sell or give out T-shirts with your logo - walking bill boards promoting your company.
2) Create high quality packaging - Clients will keep these bags versus throwing them away.
3) Marketing - Promote your company on social media, come up with a catchy slogan.
4) Mobile devises - Create a friendly user mobile site, easily accessible.
5) Trade shows - If you attend trade functions, get a corner booth, more traffic.
6) Employees - If you want good employees you have to pay them good.
This is only a few recommendations, I can spend a day discussing where to invest to maximize your return, but there is proof that the consistent failure in any business is the lack of capital! As a national direct lender, specializing in business loans, I can provide you with working capital you need to grow your company. Contact: Michael@ MerchantBankingResources.com
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