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Three Proven Methods To Increase Your Income

This week’s question from “Wednesday’s Unplugged ” comes from an entrepreneur who wishes to remain anonymous.

Question:

Hi Yvette, What would you say is the most important action I can take to increase my cash flow/profits?

Answer:

The easiest and fastest way to make more money is to ask for more money 🙂

In other words — Raise your prices.  Go ahead, do it today, this week, this month, right now, I can almost guarantee that your clients won’t even notice. This is going to be the single best action you can take that will have an immediate kach’in on your bottom line.

The second action you can take is to figure out how you can increase your revenue per client — meaning sell to your existing clients more often. You see, they already know, like and trust you, so you are leveraging your existing clients, instead of having to invest in marketing to acquire a brand new one.

And a third suggestion is to figure out a way to get your clients to pay you in advance for a service, product or program you will be delivering at a later time. Clever – heehee!

So there you have it, three easy ways to increase your cash flow and profits in your, actually any business.

Have you tried any of these methods? Did they work?

Leave a comment below and let us know

 

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