Herbusiness - Insights For Women In Business

What’s holding your business back from moving to the next level? If you feel like you’re spinning in circles because you’re worried about declining sales, staff turnover or unhappy customers, and you’re trying to address everything at once—STOP. You’re simply NOT going to be able to fix all these problems at the same time. Instead, you need to work out what issue to focus on first. Many entrepreneurs believe that more sales are the answer, but this isn’t always true. In fact, increasing your sales could actually make your problems worse. How do you work out which problem to start with? Just like us, your business has a hierarchy of needs too. Applying the business hierarchy of needs to your business will give you a simple system to eradicate your frustrations and get your business back on track. Fix This Next In this interview with Mike Michalowicz, author of Profit First, Clockwork and The Pumpkin Plan, you’ll walk step by step through the five levels of your Business Hierarchy of Needs. “The biggest challe