First an Introduction: I've raced since 1984/ grew up around this sport. I'm passonate about it. I have served as Commadore of Midwest for 7 years staring at age 19. I have been an inspecter, Referee, and have sold more races than I can recall. I also like to think of myself as a promoter/ mentor. I have helped more than 8 new drivers enter the sport, and assisted in finding them quality used equipment. I am self employed as is my wife. My writing style is a bit short, just as I speak. I am not afraid to be critical. But my interest is only for the love of the game. Short story long ,I am not nearly as surly as I might sound. Please excuse the SP .
I have a perspective I want you to bounce around a while. I ask that you please don't reply Yet as I am going somewhere with this. THANKS FOR READING.
MY BUSINESS:
I handle about 100 seasonal maintenance accounts. I have my clients sign a contract with me once a year. They are in the "club". I provide them things so hopefully the feel O.K. about paying me. My trade is very competitive. 300 other companys would like to have my business. I have very good retention. I lose maybe 10%-15% for various reasons. Economy, moves, job loss, rule changes, ( I MAKE THE RULES). and some I plain just piss off. I've been at this biz for 12 years. I have an advertising budget. I have tryed Radio, newspaper ads, walking flyers around, yard signs, signs on the trucks ect, referrals. This year I am only using referrals, and truck signage.
I changed the rules last year, raised my prices 10%. I have lost about 15% this season. My most loyal accounts are still with me and I have gotten and signed 2 referals from My "MEMBERS".
I am counting on my exisiting clients to keep me in new accounts. I also got 2 accounts by people that drove by, saw me doing my "thing" became interested, then stopped and sought me out.
Can you guess how my business is going to be by this time next year?
Any Idea why a "sane" person would rely on such a business plan?
Could I reasonably Blame my failure on lack of equiptment?
Could I blame my "members" for not finding me enough work?
Do you see any parallels?
to be continued....... thank you for reading.
Steve 77G
I have a perspective I want you to bounce around a while. I ask that you please don't reply Yet as I am going somewhere with this. THANKS FOR READING.
MY BUSINESS:
I handle about 100 seasonal maintenance accounts. I have my clients sign a contract with me once a year. They are in the "club". I provide them things so hopefully the feel O.K. about paying me. My trade is very competitive. 300 other companys would like to have my business. I have very good retention. I lose maybe 10%-15% for various reasons. Economy, moves, job loss, rule changes, ( I MAKE THE RULES). and some I plain just piss off. I've been at this biz for 12 years. I have an advertising budget. I have tryed Radio, newspaper ads, walking flyers around, yard signs, signs on the trucks ect, referrals. This year I am only using referrals, and truck signage.
I changed the rules last year, raised my prices 10%. I have lost about 15% this season. My most loyal accounts are still with me and I have gotten and signed 2 referals from My "MEMBERS".
I am counting on my exisiting clients to keep me in new accounts. I also got 2 accounts by people that drove by, saw me doing my "thing" became interested, then stopped and sought me out.
Can you guess how my business is going to be by this time next year?
Any Idea why a "sane" person would rely on such a business plan?
Could I reasonably Blame my failure on lack of equiptment?
Could I blame my "members" for not finding me enough work?
Do you see any parallels?
to be continued....... thank you for reading.
Steve 77G
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