Nov 29 2010

Business Owner’s Most Dreaded Two Words

P A Y     N O W !

F o o l e d   y o u,  h u h ?

(You thought maybe the two words were: %@~&  *#^! ?)

 

Well, consider this: The last thing small or medium-size professional practice or business owners or managers want, is a surprise!

Nobody wants a management or staffing surprise. Nor an operational or equipment surprise.  And –in my lifetime, and discounting the futile pursuit of a winning lottery ticket– I’ve never met or even ever heard of anyone in search of a financial surprise! 

News Flash . . .

Unexpected, unplanned-for immediate

payment is due on the spot!  “PAY NOW!” . . . OW!  

                                                            

Unfortunately, with many (normally till-dipping) hands being forced by sputtering national and global economic crises, financial surprises have become all too common going forward from 2008.

The kinds of trigger fingers that pull off high-pressure instant payment demands are big-time stress creators. 

Listen,” he says into the phone, “your 4pm Friday order requested RUSH delivery; it’s 8am Saturday; if you can’t get here to open your business and pay the $742.37 due, I have no choice but to ship it back and you’ll get it in a week or two!” (AAaaack!) 

                                      

I’m sorry no one told you that the minute you sign this, like you just did, you are guaranteeing immediate cash payment of $27,000.

If you can’t come up with that amount by the end of the day, a warrant will be served requiring payment in full in ten days plus $5,000 in interest, late fees, and attorney costs.

So what’s it gonna be? 27 now or 32 big ones a week from Thursday?” (AAaaack!) 

                                             

The good news is that you have no outstanding delinquencies.

The bad news is that you have only until Friday to produce $38,579.46 in back taxes for the IRS Agents who called to say they’ll be here at 9am sharp.

No, the accountant didn’t know that the prior accountant had been withholding the withholding . . .” (AAaaack!)

                                      

Are you getting ulcers just from reading these? Okay, well, maybe at least a little lump in your throat?

How do you think YOUR customers, clients and patients feel about YOUR collection tactics? Are you leaving them breathing room? Have your policies stretched enough to accommodate today’s hard times?

Are you taking full advantage of the opportunities to strengthen your reputation for being a high-trust, integrity-based, good citizen business by helping out those who’ve been loyal patrons?

People who were there for you when you needed customers, who have returned time and again, who have referred others, who treat you and your staff like members of their community. (To borrow an old slogan from the world’s leading experts in product and service consistency and change just one word: THEY deserve a break today!)

You “OWE” it to them? Absolutely.

                                                                                   

And when you SHOW it to them, sit back and enjoy the magic carpet ride it puts you on! Your business will fly over the competition and never slow down because everyone appreciates a business that proves its appreciation for the business it gets!

No need to give the store away. Simply do what you can to make it easier for your customers, clients and patients to pay for the goods and services they purchase from you. . . the same way you’d like suppliers and vendors to treat you.

We all need to lean a bit on one another these days, and surprise financial demands and pronouncements serve only to short-circuit those opportunities to cultivate and build a loyal following on human values.

Dignity and respect and helping others go the extra mile accomplishes more than shouts, pouts, threats, and late charges. Idealistic and naive? No, realistic and experienced.  

~~~~~~~~~

www.TheWriterWorks.com  

302.933.0116 or Hal@BusinessWorks.US  

Thanks for visiting. Go for your goals! God Bless You.

 “The price of freedom is eternal vigilance!” [Thomas Jefferson] 

Make today a GREAT day for someone!

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Dec 10 2009

Small Business Small Mindedness

Think Big But Act Small!

                                                                                              

     As small business owners and managers, we unfortunately have not much of a role model for success anywhere within the avalanche of daily government’s much ado about nothing, or the poor misguided mainstream media’s efforts to distort, opinionate and manipulate in order to sell advertising time and space.

     How could we expect, for example, to learn anything about decision-making from an Armed Forces Commander in Chief who takes three months to conclude what his own paid, experienced experts have told him from the outset the steps that needed to be taken with respect to troop deployment?

     And, to top it off, in addition to having put those who serve — and who are clearly committed — in harms way for that entire three months, the agonizingly slow decision and extent of unnecessarily prolonged delay now threatens to undermine the very determination that was finally and reluctantly made. This decision should have been made in one day.

     Odds are that if any of us practiced such poor (and critical) decision-making and failed to rely on those we chose to surround and advise ourselves with in our own businesses, we’d be out (or well on our way to being out) of business!

     Oh, and just imagine what kind of customer loyalty we might generate if our marketing programs and public messages were as intentionally contentious and provocative as the sensationalist “journalism” that flows from the fork-tongued mouths of mainstream media’s loose cannons. You know who and what make up this list. 

     Something about this desperate media pproach to doing business smacks of ramming a healthcare program down the throats of 63% of the population who do not want it. Could you do that with your business prospects and survive?

     We could forget about repeat sales. We could also give up our customer service pursuits (Who would ever believe in the dollar value and performance quality of our products and services when we’re fully preoccupied with putting down our competition or trying to produce sales by mental water-boarding instead of simply demonstrating the benefits of our business, our integrity, trust and authenticity?)

     And what have we in our poor excuse for a national leadership to follow? A hypocritical multimillionaire holding our feet to the fire to keep us honest while abusing tax-dollar-paid privileges? People with less business experience than your 2 year-old nephew, dictating business policy? People so entrenched in their own sense of political self-importance that they’ve lost sight of what they’re supposed to be doing and whom they’re supposed to be representing?

     You couldn’t count fast enough to guess the numbers of customers leaving your business if you started price-gouging while delivering inadequate products and services in the name of global warming scams designed to divert tax dollars to political causes, and self-aggrandizing delusional thinking about spreading wealth to those who haven’t earned it (because handouts work just fine).

     A helluva way to run a business. Any business. 

When you want to be big,

act small enough to make it clear

that your growth is not more important

than your customer.    

# # #               

Reply Hal@BUSINESSWORKS.US (Subject: “Blog”) or comment below. Thanks for visiting. Go for your goals! God Bless You! Make it a GREAT Day!  Blog FREE via list-protected RSS email OR $.99/mo Amazon Kindle. Branding Line Exercise: 7Word Story (under RSS). GREAT GIFT: new Nightengale Press book THE ART OF GRANDPARENTING http://bit.ly/3nDlGF

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