Search Results for: business development

Business Development Clinic: 7 deadly business development mistakes – which ones are you making? (part 1)
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Business Development Clinic: 7 deadly business development mistakes – which ones are you making? (part 1)

The days when you could get to partnership as a brilliant technician are long gone.. Even if you only work on very big ticket items, to get to be a Magic Circle, Big Law, big 4 partner or partner at a large firm you still need to have proved your ability to win work and be seen…

Business Development Clinic: 6 essentials needed to network effectively
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Business Development Clinic: 6 essentials needed to network effectively

How to network effectively? This is a question which keeps cropping up time and time again. In this blog post, I will give you the 6 number of essentials you need to network effectively. How to network effectively Remember that effective business networking is all about finding, building and maintaining mutually beneficial relationships. It’s not…

Business Development Clinic: How can I win more personal tax clients?
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Business Development Clinic: How can I win more personal tax clients?

This was an interesting and pretty short question which landed in my inbox recently. I thought it may be useful to share my reply here in a blog post. Whilst you may not be after personal tax clients, the same questions and process holds true regardless of the type of clients you want to attract….

Business Development Clinic: What’s the best way to turn a client’s need into a want?
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Business Development Clinic: What’s the best way to turn a client’s need into a want?

For most professionals, our biggest competitor is not the firm down the road, it’s actually a client’s inertia or belief that they can do what they need to do without your services. I.e. you and they both know you have a ‘need’, but not a ‘want’ for your services. So, what can you do about…

Business Development Clinic: What’s the best way to describe what I do when networking?
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Business Development Clinic: What’s the best way to describe what I do when networking?

As a professional, we’ve all been taught (probably from day one in the job) that the best way to generate new business is by referral. After all, some recent research by the Hinge Research Institute found that 70% of people will ask a friend for a recommendation if they need the services of a professional….

Business Development Clinic: How can I conquer my nerves when networking?
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Business Development Clinic: How can I conquer my nerves when networking?

Nerves can be helpful at times – after all, they can stop you wandering in where angels fear to tread. However, they can also jeopardise your performance – particularly when out and about at a networking event. Not everyone enjoys meeting new people. In fact, many professionals avoid attending networking events because of their dread and…

Business Development Clinic: How can I increase my success rate in sales meetings?
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Business Development Clinic: How can I increase my success rate in sales meetings?

Typically most professionals will need to have a face-to-face meeting with a prospect before converting them to a client. Very often these meetings can make or break a potential adviser/client match made in heaven.  Here are our tips to make sure you get the most out of these meetings: 1. Bring another person with you…

Business Development Clinic: I’ve sorted out my LinkedIn profile, now what?
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Business Development Clinic: I’ve sorted out my LinkedIn profile, now what?

If you’ve created your LinkedIN Profile and are waiting for something to happen next, it’s likely that you won’t see any benefit in being there at all!  There are still many professionals in practice, who are wondering what is the next stage to winning business via LinkedIn. After all, having a decent profile is a…

Business Development Clinic: 3 ways of dealing with a potential client who asks for a fee reduction
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Business Development Clinic: 3 ways of dealing with a potential client who asks for a fee reduction

In this business development clinic, we are looking at the old ‘tough’ chestnut, of what to do with a potential client who says that you are too expensive. In this situation you have a range of choices available to you: 1) State the fee is what it is. In this scenario, you are calling the…

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