Increasing the value of your business

Overview

The aim of Readysell's web training program is to help you increase the value of your business or the business you work for. By completing one of the topics below each month, you will gradually get more out of your Readysell system and at the same time increase the value of your business.

What are the most reliable ways to increase the value of my business?

Getting the most our of your system requires good data. The value of your business is mostly in the customer database. If you sell the business you sell the customers. Improving the quality of your customer database increases the value of your business.

Why is data important?

Cleaning up your data increases the value of your business as:

If you were to sell your business, the main thing that people are buying is your customer contacts list. Improving the quality of your customer and contacts data will increase the value of your business
Growing your business requires that you stop focusing on internal 'housekeeping' and focus on customers using tools like CRM and automated marketing. Those advanced tools demand quality contacts data. Your efforts to group, or even maintain, your business will be hampered by poor or out of date contacts data
You can't use CRM or automated marketing to group your business until you have cleaned up your contacts and customer data
If your product data are not tidy:
- you can't automate the internal 'house keeping' processes that make your business work day to day
- your customer's satisfaction level will also be reduced due to pricing errors and lower fulfillment rates
- your profit may be low due to customers getting cheaper prices than they need to be on non-price sensitive lines
- you may loose customers due to noncompetitive pricing

Why is training important?

After your data, the skills of your staff are your businesses second most important asset.
Every year you invest a lot in your buying group and in Readysell. This investment puts a lot of tools at your staff's finger tips. But if they don't know the tools are there or invent their own ways of using the systems, then you are not getting the best return on your investment.

Why is implementing Readysell best practice important?

Readysell has sites where everything is automated. The the owner can go on holidays for 14 days and nothing is out of place when they returns to their business. You can have this level of automation, improving the value of your business to you today and to anybody interested in buying your business in the future.

Why does it require continuing planning after Readysell is implemented?

You can't increase the value of your business without having a list of current issues and list of future planned improvements. Then checking things off that list when they are complete. The best way to do this is to keep your Readysell issues list in tickets and you monthly Readysell improvement list in your Outlook or similar calendar. If you don't plan by having a list, you will not move your business forward and your business's value will not grow as well as it possibly can.

Why is talking to Readysell management important?

The owners of Readysell are business owners like yourself, they understand where your at. Sometimes the best processes possible at your business and Readysell's just will not do the job. If you are trying but not getting the results you need, calling Readysell to help get the problem solved.