Generating Revenue- Making more Money

There are several aspects to financial management for your trucking company. It all starts with knowing what it takes to be profitable. Calculating cost, revenue and profit per mile is a key step to, putting your trucking company on the road to success.

Passion pushed you to start your small business, but now you find your profits aren’t what you’d like.

To keep your business open, you need to increase revenue — which is easier said than done, isn’t it?

Download CFF’s 10 Tips Guide Here>>

You’re competing with larger businesses that have more robust marketing budgets.

On top of that, it’s difficult to think of growth when you’re spending all your time and energy on the day-to-day operations.

You don’t have the time or money to try tactics that won’t work. Instead, focus on these five proven ways to increase revenue.

5 Steps to Generating Revenue:

  1. Encourage repeat business

Many businesses put all their energy into gaining new customers while neglecting to retain existing customers.

Business relationships are all about trust. And who trusts you more than those who have already done business with you?

Gain repeat business by encouraging customers to join your email list. With email marketing, you can continually communicate with your customers, keep them updated on your latest products and services, and persuade them to do business with you again.

  1. Show off your industry expertise or Niche

You’re an expert in your industry, but are you making that known?

Reinforce your expertise by sending out newsletters containing advice relevant to your industry. Consistently send these emails and your audience will begin relying on you for your insight.

You can write blog posts on topics relevant to your industry or provide a roundup of resources written by others in your field. If you’re using articles from other sources, just be sure to mention the original source.

When your customers require a good or service you provide, your business will be the first one they think of.

  1. Take advantage of e-commerce

If you have a business that only sells in-store, it’s time to bring your products to the web.

E-commerce is growing 23 percent each year, with 51 percent of Americans prefer to shop online. However, 46 percent of small businesses still don’t have a website. If you fall into this category, you are leaving massive amounts of revenue on the table.

  1. Network

Network like crazy and meet people in your industry.  It will help you build relationships in the long run.

Generating Revenue- Making more Money

There are several aspects to financial management for your trucking company. It all starts with knowing what it takes to be profitable. Calculating cost, revenue and profit per mile is a key step to, putting your trucking company on the road to success.

Passion pushed you to start your small business, but now you find your profits aren’t what you’d like.

To keep your business open, you need to increase revenue — which is easier said than done, isn’t it?

Download CFF’s 10 Tips Guide Here>>

You’re competing with larger businesses that have more robust marketing budgets.

On top of that, it’s difficult to think of growth when you’re spending all your time and energy on the day-to-day operations.

You don’t have the time or money to try tactics that won’t work. Instead, focus on these five proven ways to increase revenue.

5 Steps to Generating Revenue:

  1. Encourage repeat business

Many businesses put all their energy into gaining new customers while neglecting to retain existing customers.

Business relationships are all about trust. And who trusts you more than those who have already done business with you?

Gain repeat business by encouraging customers to join your email list. With email marketing, you can continually communicate with your customers, keep them updated on your latest products and services, and persuade them to do business with you again.

  1. Show off your industry expertise or Niche

You’re an expert in your industry, but are you making that known?

Reinforce your expertise by sending out newsletters containing advice relevant to your industry. Consistently send these emails and your audience will begin relying on you for your insight.

You can write blog posts on topics relevant to your industry or provide a roundup of resources written by others in your field. If you’re using articles from other sources, just be sure to mention the original source.

When your customers require a good or service you provide, your business will be the first one they think of.

  1. Take advantage of e-commerce

If you have a business that only sells in-store, it’s time to bring your products to the web.

E-commerce is growing 23 percent each year, with 51 percent of Americans prefer to shop online. However, 46 percent of small businesses still don’t have a website. If you fall into this category, you are leaving massive amounts of revenue on the table.

  1. Network

Network like crazy and meet people in your industry.  It will help you build relationships in the long run.

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Free Copy!

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