Business Bootcamp | What Skills Do Business Owners Need To Learn
There are many things that entrepreneurs should learn when they open the doors to their business, which is why Spurrell and Associates have created their business bootcamp. This is a one-day seminar that is taught by local entrepreneurs. Who all own top rated businesses.
In the information that they are teaching business owners. Is designed to help them overcome the common obstacles. That business owners in Canada face on a regular basis.
In fact, industry Canada wanted to find out how many business owners were struggling and failing in Canada. And they found some truly surprising results.
What they discovered, was that 15% of all business owners who started a small business in this country. And end up failing within the same year they opened their business.
They also found that 30% of entrepreneurs failed by their second year in business. And eventually, of all business owners were out of business by the time five years came around.
With so many business owners failing every single year in business. Industry Canada wanted to find out why, and did a survey that asked for business owners failed to respond.
What they discovered was that there were three main reasons why entrepreneurs failed in business every single year. These three reasons contributed to the vast majority of on doors not succeeding.
The third most common reason why entrepreneurs failed, was because 23% said they could not find enough staff to keep their business running. While the second most common reason that entrepreneurs failed, is that they ran out of money which is why 29% of entrepreneurs failed.
And the single most common reason why business owners failed which affected 42% of failed business owners, was because they could not find enough customers to buy their products and services.
All other reasons why business owners of said they were not successful. Could be categorized as 1% of the business owners who were not successful.
Therefore, the experts at Spurrell and Associates came up with the topics for the bootcamp. That help entrepreneurs overcome those three common obstacles. So that they will be more likely to overcome those odds, and succeed.
The topics that they are going to be discussing include learning what common business myths lead entrepreneurs down the wrong path. Such as they only have to work a few hours a week. As well as they only need to work when they are motivated.
As well as how to schedule their time appropriately, how to save taxes, and how to create an effective business plan that will help them accomplish their goals. As well as marketing help that will allow them to be on the first page of Google so that more customers can find them.
They will learn how to read their financial statements, build a team effectively in just a few hours a week. And how to create checklists and templates so they can automate their processes in this business bootcamp.
All of these things can help entrepreneurs succeed. Each is why anyone who owns a business. No matter how big or small that business is. Or how long they have owned it. Can benefit from attending this business bootcamp. And should buy their tickets right away to avoid missing out.
How Can You Learn About The Business Bootcamp?
Business owners need to understand that the skills that they need to develop to run a successful business are taught, which is why they should attend Spurrell and Associates business bootcamp.
Not only are these topics going to help business owners significantly succeed. They will also be able to ask specific questions to the seven different entrepreneurs that are going to be teaching this seminar.
So that they can get real answers to their real questions from people who have been there before. There also are going to get the opportunity to network in a low stress environment other like-minded individuals.
The topics that are going to be covered are proven strategies and techniques. That have been used successfully by numerous businesses before. In order to help them succeed. Which is why they are excited to extend this information to fellow business owners.
The single most common reason why entrepreneurs are failing in their business. Is because they are unable to sell enough products and services to customers.
This could be because they are not marketing their business at all. Or they are not marketing their business successfully. And one mistake that business owners often make. Is thinking that all they need to do to attract customers. Is to build a beautiful and expensive website.
However, no matter how wonderful their website is. If they are not getting on the first page of people’s Google search results. They are not going to drive traffic to that website. In order to have it convert people into customers.
Therefore, people will learn what they need to do. To get on the first page of Google using for simple things. And until they can manage to do that, it is not worth having a great big and expensive website.
It is more important, is that people are going to be able to implement these strategies themselves. And help them attract more customers to their business at this business bootcamp.
This strategy will ensure that any other marketing efforts that they implement going to be even more successful. And is an important building block for all business owners to do. Before they do any other marketing in their business.
It is also very important for business owners to learn how to build their best team in just a few hours a week. Especially because that was they third most common reason why business owners fail.
By learning how business owners can not only save time. But find higher-quality people on a consistent basis. Can ensure that no matter how or when a staff member decides to leave.
A business owner will be able to replace them with an equally qualified person. So that they do not end up struggling are failing because they do not have people in their business.
If anyone wants any more information about the business bootcamp being put on by Spurrell and Associates. Should contact the office, in order to get their questions answered and to purchase tickets.