If you want to see improvements in your business, you’re going to have to make the effort to actually make improvements. Now, we understand that this sounds blindly obvious, but you wouldn’t believe just how many people actually don’t bother putting any level of effort into their business and expect it to yield fantastic results all on its own. This isn’t going to happen, and it’s time we all managed our expectations on what is achievable when you don’t want to try.
In this article, we’re going to be going through some of the different things that you can do to improve your business. Yes, it does look like a lot of work because it is, but if you wanted an easy life then starting a business in the first place was not a wise move. So, if you’re ready to find out more about how you can improve, read on.
Only Hire The Right People
Hiring people can be tough at the best of times, but it’s something that you cannot afford to get wrong. The recruitment process takes a lot of time and money from your business, so you may as well ensure you’re doing it right rather than just trying to get people to fill in spaces in your business. There are a lot of companies who do this, and it comes back to bite them in the behind when things go wrong. Either they didn’t take the time to complete the right background checks, or they weren’t paying attention in the interview.
You need to ensure that during the interview process you are thinking about the answers that candidates are giving, the way that they come across, whether or not you think that they would fit in your business and so much more. It’s not just a case of filling roles with whoever is available, as this can cause you no end of issues.
Outsource Where You Need To
As an alternative to hiring people to work for you full time, you can look into outsourcing some areas of your business. Of course, you don’t want to do this with everything, but it’s a good idea for those looking to cut costs a little, but also to get professional services for your business. For example, if your business offers subscription boxes to those clients who sign up for them, you should look into a company that offers subscription box fulfillment services to sort this out for you. By doing this, you know that it is being done correctly, and by people who know what they are doing, minimizing the chance that things are going to go wrong.
Some of the most common areas that companies tend to outsource are marketing, IT, and human resources. Partnering with an established company to complete tasks in this area may help to improve your business overall, especially if they are areas that you have been struggling with up to now. This is especially true for things like marketing because it’s a vital part of your business.
The only thing that we will say with this is that you should thoroughly research any and all companies that you are looking at to ensure that they provide exactly what you need them to. For example, if you’re outsourcing cyber security and you require 24 hour monitoring, check that this is on offer because not all companies offer it.
You Need To Spend Money To Make Money
We’re sure that you’ve heard the saying before – you need to spend money to make money. For some reason there are business owners who think that they can spend the absolute bare minimum and somehow see results as if they have properly invested. It is possible sometimes, and you don’t need to spend an arm and a leg to see good results, but you have to be willing to spend enough.
When you are looking over your budget, think about all of the things that you need and how you are going to get them. An example of this would be looking into technology. Everyone knows that it’s an expensive investment, and as such there are many who will try to avoid upgrading their tech when they need to. The problem here will emerge when your business is not working as efficiently as it should be, and as such you’re not seeing the best possible results. Business owners are quick to blame their employees for issues like this, but you can’t expect them to give you high quality results if they don’t have everything they need to do this. As such, you have to be willing to make an investment if you want to see a return.
Ensure You’re Constantly Quality Checking
Are you constantly quality checking your business? If the answer is no – why not? Providing high-quality products and services to your customers is paramount to seeing success, and if you don’t do it you will earn a reputation on the market that you do not want. Due to this, you need to put the effort in and ramp up your quality control, especially if it’s an issue that has been highlighted to you in reviews that have been left by clients.
Your clients expect that when they purchase from you and pay you for something that you deliver what you have promised. Now, we know that there is an argument that you get what you pay for, so if you are a business that offers services on the cheaper end, clients can’t expect miracles. Having said that, you should still provide the best quality that you are capable of, even working to improve this at times.
High Standards Of Customer Service
Customer service is the key to any successful business, so if you’ve dropped the ball here, we strongly recommend that you pick it back up as soon as you can. There are plenty of businesses who have gone out of business simply because they didn’t master this, and then they ended up with terrible reviews, earning them a reputation that has people avoiding that business like the plague. It really can make or break your business, so it’s something that you need to work on improving right now, before anything else.
To boost your customer service, you could think about adding another contact option so that your phone lines aren’t constantly backed up and people aren’t having to wait hours on end to speak to someone. That’s why when live chat was developed as an option, so many businesses jumped at the opportunity. If you didn’t, then you need to now. We promise that you will see far better results and your customers will be a lot happier.
If you want to go above and beyond, you can even think about hiring people who speak other languages if your business is international. This way, it makes your customer service solutions much more convenient and accessible, setting your business apart from the others in your industry.
We hope that you have found this article helpful, and now have a more solid understanding of some of the improvements that you can make in order to see more success in your business. It’s not always going to be easy, and you just need to remember to stick it out through the tough times, keep working through and you will get there in the end. Effort is the most important thing that you can give to your business, so don’t forget that!
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More Recommended Ebike/Scooters
Check out these other ebikes and scooters I've reviewed:
- Urban Arrow Ebike – Last year, I made one of the largest purchases I’ve ever made – I bought a $9,000 electric cargo bike from Urban Arrow. In my Urban Arrow review, I will discuss what it is and why I decided to buy this bike, as well as discuss how impactful a bike like this can be on your journey to financial independence.
- Troxus Explorer Step-Thru Ebike – The Troxus Explorer Step-Thru is a fat-tire ebike that I’ve had the pleasure of riding for a while now. It has amazing power, great looks, and awesome range. If you’re looking for a great fat-tire ebike that offers a lot for the price, the Troxus Explorer Step-Thru is definitely one for you to consider. Check out my Troxus Explorer Step-Thru Review.
- Hovsco HovBeta Ebike – The HovBeta is a folding ebike with great specs and a lot of interesting features, and importantly, it’s sold at a good price point. I’ve had a blast commuting with it and using it to do deliveries with DoorDash, Uber Eats, and Grubhub. Check out my Hovsco HovBeta Ebike Review.
- Vanpowers Manidae Ebike – The Vanpowers Manidae is a fat tire ebike that I’ve been riding as my primary winter commuting bike and have also been using it to do food delivery with apps like DoorDash, Uber Eats, and Grubhub. After clocking in a decent number of miles with this ebike, I wanted to write a post sharing what my experience with the Vanpowers Manidae ebike has been like. Check out my Vanpowers Manidae Review.
- Sohamo S3 Step-Thru Folding EBike Review – A Great Value Folding Ebike – The Sohamo S3 Step-Thru Folding Ebike is an entry-level folding ebike that offers a lot of value for the price point. I’ve been riding the Sohamo S3 for a while now, putting the bike through its paces, and I have to say, this bike has exceeded all of my expectations. Check out my Sohamo Review.
- KBO Flip Ebike – The KBO Flip is an excellent bike. I’ve had a great time riding it and think it’s a versatile bike that can be used for a lot of purposes and can fit a variety of lifestyles. It’s worked out great for me as a general commuter bike and as a food delivery bike. Check out my KBO Flip Review.
- Hiboy P7 Commuter Ebike – The Hiboy P7 is an excellent electric commuter bike that’s offered at an affordable price point. The range and speed of this bike are both very good, so you won’t have any trouble getting anywhere you need to go with it. As a food delivery vehicle, this is also good – with how much range it offers, you’ll be able to work all day on a single charge. Check out my Hiboy P7 Commuter Electric Bike Review.
- Himiway Escape Ebike – The Himiway Escape is an interesting bike for anyone looking for a moped-style ebike. If you’re a gig economy worker, the Himiway Escape is particularly interesting and it’s possible to think of it as an investment, especially if you can opt to do deliveries with the Himiway versus using a car. It’s not cheap, but you can definitely make your money back when you compare the mileage you’ll put on your car versus using an ebike. Check out my Himiway Escape Bike Review.
- Espin Sport Ebike – The Espin Sport is a good ebike for someone who is looking for an ebike that feels and rides more like a regular bike. There are many ebikes that are really only bikes in name. In reality, they’re basically electric mopeds. The Espin Sport, by contrast, is a bike you could probably ride without the battery and you’d feel like you’re just riding a regular bike. Check out my Espin Sport Review.
- Varla Eagle One Scooter – The Varla Eagle One is an excellent scooter that can make sense for a lot of people. It can work as a primary mode of transportation. You can use it to work on gig economy apps like DoorDash, Uber Eats, and Grubhub. And it can also be a recreational vehicle if you’d prefer to use it for that. Check out my Varla Eagle One Review.
- Varla Falcon Scooter – The Varla Falcon is an excellent scooter that offers a good amount of power at a lower price point compared to more powerful scooters. It’s not exactly an entry-level scooter, nor is it a high-powered scooter. I think it fits somewhere in-between those two categories – an intermediate scooter if I had to give it a category. Check out my Varla Falcon Review.
- Hiboy S2 Scooter – The Hiboy S2 is an excellent entry-level commuter scooter that's perfect for someone looking to save some money in transportation costs and improve their commute. Check out my Hiboy S2 Review.
- Hiboy S2R Scooter – The Hiboy S2R is one of the more interesting electric scooters I’ve been able to test out. It’s not a high-powered scooter, but for an everyday transport option, it’s very useful, especially given some of the unique features that it has. Indeed, for the price, the Hiboy S2R might be the best value scooter I’ve used. Check out my Hiboy S2R Review.
- Fucare H3 Scooter – The Fucare H3 is a fun scooter and I’ve enjoyed testing it out. For a daily commuter or quick trips or errands, the Fucare H3 is probably the scooter I’ll use. It’s portable and easy to maneuver, so it’s just easier to take on the road when I need it. Check out my Fucare H3 Scooter Review.
More Recommended Investing App Bonuses
For additional investing app bonuses, be sure to check out the ones below:
- M1 Finance ($100) – This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. You also get $100 for opening an account. Check out my M1 Finance Referral Bonus – Step-By-Step Guide.
- SoFi Invest ($25) – SoFi Invest is an easy brokerage account bonus that you can earn with just a few minutes of work. Use my SoFi Invest referral link, fund your SoFi Invest brokerage account with just $10 and you’ll get $25 of free stock. I also have a step-by-step guide for the SoFi Invest referral bonus.
- Webull (20 free stock shares) – Webull's current promotion gives you 20 free shares valued between $3-$3,000 each if you open an account using my referral link. Here’s a guide I wrote about how to earn your free shares using Webull.
- Moomoo (15 free stocks) – Moomoo is a free investing app currently offering 2 different referral bonuses if you open an account using a referral link. Read my Moomoo referral bonus guide for more information.
- Robinhood (1 free stock) – Robinhood gives you a free stock valued between $2.50-$225 if you open an account using my referral link.
- Public (1 free stock) - Public gives you a free stock valued between $3-$70 if you open an account using my referral link.
More Recommended Bank Account Bonuses
If you’re looking for more easy bank bonuses, check out the below options. These bonuses are all easy to earn and have no fees or minimum balance requirements to worry about.
- Upgrade ($200) – Upgrade is a free checking account that’s currently offering a $200 referral bonus if you open an account and complete a direct deposit. These bonus terms are easy to meet, so it’s well worth doing this bonus as soon as you can. Here’s a post I wrote with more details: Upgrade $200 Referral Bonus – Step By Step Directions.
- Ally Bank ($100) – Of all the banks out there, Ally is, without a doubt, my favorite. At the moment, Ally is offering $100 to customers who open an eligible Ally account and meet the requirements. Here are the step-by-step directions to earn your Ally Bank referral bonus.
- Fairwinds Credit Union ($175) – Fairwinds Credit Union is offering a referral bonus for users that sign up using a referral link. Fairwinds has no fees or minimum balance, so this is a particularly easy bonus to earn. Since this is a smaller credit union, my gut instinct tells me this offer won’t be around long, so if you’re in a position to meet the bonus requirements, grab this bonus before it’s gone. Here is my step-by-step guide on how to earn your Fairwinds Credit Union bonus.
- Chime ($100) - Chime is a free bank account that offers a referral bonus if you use a referral link and complete a direct deposit of $200 or more. In practice, any ACH transfer into this account triggers the bonus. This bonus is easy to earn and posts instantly, so you’ll know if you met the requirements as soon as you move money into the account. I wrote a step-by-step guide on how to earn your Chime referral bonus that I recommend you check out.
- US Bank Business ($900) – This is a fairly easy bank bonus to earn, since there are no direct deposit requirements. In addition, you can open the Silver Business Checking account, which comes with no monthly fees. Check out how to earn this big bonus here.
- GO2Bank ($50) - GO2Bank is an easy bank bonus that I recommend people take advantage of if they have an easy way of meeting the direct deposit requirement. I like that it’s easy to open the account and that the bonus pays out quickly. Check out my step-by-step guide on how to earn your GO2Bank $50 referral bonus.
- Current ($50) – Current is a free fintech bank that’s offering new users a $50 referral bonus after signing up for an account using a referral link. Current is an easy bonus to earn and also gives you access to three savings accounts that pay you 4% interest on up to $2,000. That means you can put away up to $6,000 earning 4% interest. That’s very good and makes Current an account I recommend to everyone. Check out my step-by-step guide on how to earn your Current Bank bonus.
- Novo Bank ($40) - Novo bank is a free business checking account that’s currently offering a $40 bonus if you open a Novo business checking account using a referral link. In addition to being a good bank bonus, Novo is also a good business checking account. It has no monthly fees or minimum balance requirements and operates a good app and website. Indeed, it’s the business checking account I currently use for this blog. Check out my post on how to easily open a Novo account.
- Varo ($25) – Varo is a free fintech banking app similar to Chime or Current. It’s currently offering a $25 bonus to new users that open a new Varo account with a referral link. The bonus for this bank is very easy to meet, all you need to do is spend $20 within 30 days of opening your Varo account. Check out my step-by-step guide to learn how to earn this bonus.
Kevin is an attorney and the blogger behind Financial Panther, a blog about personal finance, travel hacking, and side hustling using the gig economy. He paid off $87,000 worth of student loans in just 2.5 years by choosing not to live like a big shot lawyer.
Kevin is passionate about earning money using the gig economy and you can see all the ways he makes extra income every month in his side hustle reports.
Kevin is also big on using the latest fintech apps to improve his finances. Some of Kevin's favorite fintech apps include:
- SoFi Money. A really good checking account with absolutely no fees. You'll get a $25 referral bonus if you open a SoFi Money account with a referral link, and an additional $300 if you complete a direct deposit.
- 5% Savings Accounts. I'm currently getting 5.24% interest on my savings through a company called Raisin. Opening a Raisin account takes minutes to complete, it's free, and all of your funds are FDIC-insured. I explain how it works, why I'm now using it to store my emergency fund and any other cash savings I have, and why I recommend everyone check it out in this review.
- US Bank Business. US Bank is currently offering new business customers a $900 signup bonus after opening a new account and meeting certain requirements.
- M1 Finance. This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. You also get $100 for opening an account.
- Empower. One of best free apps you can use to monitor your portfolio and track your net worth. This is one of the apps I use to track my financial accounts.
Feel free to send Kevin a message here.
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