Business development tips for a successful 2020
No matter the size of the company, business development should be its priority. The new year is fast approaching and being ready for its challenges and opportunities will surely reap rewards. Oftentimes, a business fails due to lack of consistency and innovation. Business development tackles such issues and makes sure a company emerges successful through it all.
When a business has the vision to become sustainable in the future, its leaders must hire a full-time business development manager. He or she will focus on developing the annual business growth plan, which will include all the company’s goals and strategies for growth and desired profits, according to Eugene Bernshtam. It’s important for a business to identify its competitors and customers. Standing out from the crowd will never get old. When competitors are identified, a business can differentiate the quality of their products and services from those offered by the competition. This makes way for improvement and innovation.
Eugene Bernshtam adds that it’s important to avoid overselling the company and the brand, especially when reaching out to prospective clients. Focus on customer experience as you market products and services. Clients should always know what’s in it for them. When managing the business, employ customer relationship management. Time management and efficiency through CRM tools will boost productivity,
Approach hiring differently. See employees as the most important assets of the company. Taking care of them would result in loyalty, increased productivity, and a boost in workplace morale, says Eugene Bernshtam.
Eugene Bernshtam is a real estate developer and head of Avalon Holdings, LLC and its affiliated entities, which specialize in investment, development, and management of apartment buildings and mixed use developments, repositioning underperforming real estate assets, and consulting services. Visit this page for more information.
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Image source: startupnation.com
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When a business has the vision to become sustainable in the future, its leaders must hire a full-time business development manager. He or she will focus on developing the annual business growth plan, which will include all the company’s goals and strategies for growth and desired profits, according to Eugene Bernshtam. It’s important for a business to identify its competitors and customers. Standing out from the crowd will never get old. When competitors are identified, a business can differentiate the quality of their products and services from those offered by the competition. This makes way for improvement and innovation.
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Image source: LinkedIn.com
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Approach hiring differently. See employees as the most important assets of the company. Taking care of them would result in loyalty, increased productivity, and a boost in workplace morale, says Eugene Bernshtam.
Eugene Bernshtam is a real estate developer and head of Avalon Holdings, LLC and its affiliated entities, which specialize in investment, development, and management of apartment buildings and mixed use developments, repositioning underperforming real estate assets, and consulting services. Visit this page for more information.
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