Here are some tips for keeping in control:
Some risks are too big to ignore and can put the brakes on your business if they occur. That's why it's important to have a risk management plan in place.
Here are some things to think about:
If you use a Virtual Private Network (VPN) for your corporate network, it’s a good idea to look into your cyber security and how it applies to everyone in your business. Learn more.
Know your customers
Our marketing plan template (word) can help you understand who they are and how to reach them.
Make the most of happy customers
Encouraging them to follow your business social networks is an easy way to build a community.
Up-sell, up-sell, up-sell
Creating product bundles or offering discounted secondary products can boost sales.
Create a loyalty program
Everyone loves a reward - your customers are no exception.
Joint promotions with other small businesses, or sponsorsing community teams and events can increase your exposure.
Talk to your customers
Allow customers to sign up for a mailing list to keep them up to date with promotions and sales.
Make it easy for customers to pay you quickly with our payment solutions.
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The information contained in this article is of a general nature and is not intended to be nor should it be considered as professional advice. You should not act on the basis of anything contained in this article without first obtaining specific professional advice. Also to the extent permitted by law, Bankwest, a division of Commonwealth Bank of Australia ABN 48 123 123 124 AFSL / Australian credit licence 234945, its related bodies corporate, employees and contractors accept no liability or responsibility to any persons for any loss which may be incurred or suffered as a result of acting on or refraining from acting as a result of anything contained in this article.