Business Bootcamp | What Entrepreneurs Need To Learn
In order to give business owners and advantage, the business bootcamp was created. Not only does this have information that can help entrepreneurs overcome common problems business owners face.
But this one-day seminar also can help business owners learn what they need to do. In order to be proactive and grow their business. Even when they have not been able to grow their business before.
Business owners are facing even more challenges today than ever before. And while the failure rate of small businesses in Canada is so high. All of the reasons why entrepreneurs say they were not successful. Can be easily overcome with the right information.
23% of all failed entrepreneurs say the reason why they were not successful. Is because they were unable to find staff to work in their business. Or once they did find staff, that they did not stay for very long.
This is a huge challenge for a wide variety of reasons. Because employees are leaving businesses that they are working at. Faster than they ever have before. Studies have shown that the average employee used to stay approximately five years with each employer.
But these days, that average has lowered to two point three years. Which means business owners are having to find employees twice as often as they ever had to.
And one of the most important things that they should keep in mind. Is that most business owners have been taught ineffective or inefficient way finding new staff.
That is that they put an ad out, and collect dozens of resumes. That they then have to take the time to read each resume. And make a list of a few people to contact for a one on one interview.
This is inefficient, because it requires a business owner to spend a lot of time reading resumes. And since most people either lie, or embellish the truth on their resume. It does not result in entrepreneurs being able to find the best person for the job.
And then business owners have to contact each one in order to arrange an interview time. And then spend an hour reviewing each person that they have shortlisted. To see who would be the best fit for the job.
Chances are quite low contacted the right person to interview in the first place. And if they do not show up to the interview, and an entrepreneur has just wasted a lot of time.
And at the end of the process, if entrepreneurs find that none of the people they interviewed are the best fit. They will often simply hire someone anyway. Because of the time invested in the process.
This is why the business bootcamp will teach entrepreneurs how to build a better team. By not having to read resumes, or do one-on-one interviews. And this method will allow business owners to find even better people. And replace them quicker when they do decide to move on to the next opportunity.
For this reason alone, people find benefits to coming to this business bootcamp. But there is even more information that business owners can learn. That not only can help overcome common obstacles. But can also help business owners grow their business as well.
When You Are Looking For The Business Bootcamp?
There are many obstacles that entrepreneurs face in business, which is why they should attend the Spurrell and Associates business bootcamp. Not only will they learn things that can help them overcome challenges.
But they will also learn tools that can help them grow their business even larger than they thought possible. Even if they have been struggling to grow their business for many years.
It is very important for business owners to understand that not only is there an extremely high failure rate of businesses in Canada.
But according to industry Canada, there are only a few reasons why business owners are not successful. 29% of all business owners in Canada fail because they run out of money.
There are many different reasons why an entrepreneur will run out of money in their business. From making poor financial decisions. Either because they are not looking at their finances prior to making those decisions.
Or because they do not understand their financial statements. And do not know how to read them or why they should look at before making financial decisions.
At the business bootcamp, entrepreneurs will learn how to set up easy to read statements and financial reports. And how to use that information to make better financial decisions.
So that entrepreneurs are not at risk of decisions. That would cause them to run out of money in their business. Which is a risk that many business owners have.
It will also learn how to get on the first page of Google. So that they can be helped with their are getting efforts. Even if they have the best website in the world. If no customers are seeing them in the Google search engine results.
It is a matter how great their website is, because they are not going to attract customers. Or convert people into buyers even if they are looking for those products and services.
At the business bootcamp, business owners learn the four things that they need to do. In order to rank higher in Google search engine results. So that no matter why customer is googling them.
They will see them in the search engine results. And be able to find their business to buy their products and services.
It is also important that business owners are learning how to minimize tax personally. And calculate how much money they need to pocket thousand dollars a month personally.
Because tax minimizing is an important way that business owners can avoid running out of money in their business. By accumulating more wealth, which is one of the most common reasons. Why business owners were driven to start their own business in the first place.
There are several topics that are going to help business owners succeed in their business endeavour. Which is why business owners matter how long they have been in business. Or what type of business they own.
Should come to the business bootcamp being put on by Spurrell and Associates. So that they can not only overcome common obstacles. But also be more likely to grow their business as well.