The 3 Most Critical Components to Building a Business

Posted on 29.Dec.2014 by BrickPixel Admin | @amcomcap

Building a BusinessSucceeding in business is often a combination of ingenuity, hard work, perseverance, and, yes, even luck. But there are a few things you can do to ensure that the odds are in your favor. Here are three things that are absolutely vital to building a successful business.

1. You must be passionate about your business! This level of passion requires genuine commitment and belief in your company's mission. If you aren't passionate about what you do, you can't expect your employees to be passionate. Passion is contagious! Unfortunately, a lack of passion is also contagious. Without passion, neither you nor your employees are going to present a positive image to your customers. Passion starts with the business owner!

2. You must build a unique culture that identifies and recognizes your top-performing employees. This can be a formal process but, it has been my experience that an informal process can be much more meaningful to the employee receiving the recognition. If you want more of "IT," reward "IT." Here are a few ideas:

  • small gift certificates for meals or entertainment
  • a small surprise bonus
  • an unscheduled day (or afternoon) off
  • a small office celebration recognizing an employee's achieved goal

3. You must strive to exceed your customers' expectations. No matter what product or service you deliver, make sure that your business exceeds your customer's expectation. Or go even further, PROVIDE FOR YOUR CUSTOMERS DESIRES AND UNRECOGINZED NEEDS. If you can achieve this level of customer satisfaction you'll turn your customers into a network of testimonial-providing fanatics. The best salesman you'll ever have is an enthusiastic customer that is thrilled, and beyond, with you and your business.

image description Roy Brooks and American Commercial Capital, LLC, has provided invoice-factoring services to Houston-area small businesses since 2003. We work with businesses in San Antonio, Dallas, Austin, Fort Worth, Beaumont, Port Arthur, Corpus Christi, and other nearby Texas cities.

If you want to learn more about how cashflow-sensitive invoice factoring can help your business, give us a call at 713-227-3863, contact us here, or fill out our form for a free, no-obligation quote.

READ MORE FROM AMERICAN COMMERCIAL CAPITAL

Business Video Roundup: Increase Productivity, Make an Action Plan & Overcome Bottlenecks

Entrepreneur - One of These 3 Things Is Holding Your Business BackIn this week's roundup of great videos for entrepreneurs and small-business owners, Marie Forleo gives advice on blocking out distractions and increasing productivity, Brian Tracy describes how to create an effective action plan, and Evan Carmichael tells how to sell your clients on value-based pricing. And we've also got Warren Buffet, Elon Musk, Mark Cuban and other billionaires dishing out their best advice for success. Finally, Entrepreneur delivers an hour-long discussion about how to discover and overcome the bottlenecks holding your business back.  Read more

Mike Winters 17.7.2017 

Business Video Roundup: Financial Goals, Effective Leadership & Investing in Your Clients

Patrick Bet-David – Top 10 Marketing Books for Entrepreneurs Before you head off to celebrate Independence Day with your family and friends, here’s our latest roundup of great videos with helpful tips and inspiring advice for entrepreneurs and small-business owners. Below, Brian Tracy lays out how to set achievable financial goals, Stanford GSB lecturer Richard Cox discusses how to act like the leader you want to be, and the Hard Money Bankers guys talk about the importance of investing in your clients. Plus, Patrick Bet-David shares his picks for the top 10 marketing books for entrepreneurs and Evan Carmichael presents Simon Sinek’s Top 10 Rules for Success. Have a happy Fourth! Read more

Mike Winters 03.7.2017 

Houston Factoring Companies: Why Choose American Commercial Capital for Invoice Factoring?

Houston Factoring Companies / Houston SkylineIf you're a Houston-based entrepreneur who has been searching for ways to improve your business cash flow and get the capital you need to grow, chances are you've come across a dozen Houston factoring companies who all claim to be the answer to all your problems. Invoice factoring, for those who don't know, is when a business sells its accounts receivable (invoices) to a third-party company at a discount. Factoring helps prevent business cash-flow problems by allowing a business to get paid on invoices immediately rather than wait the typical 30 to 90 days to receive a client payment. It's a cash-flow sensitive solution that eliminates cash-flow restrictions and helps small businesses stay ahead of the game and grow. Read more

Mike Winters 26.6.2017 
Back
AMERICAN COMMERCIAL CAPITAL HOME

HOW MUCH COULD FACTORING INCREASE PROFITS FOR YOUR BUSINESS?

CALL 713-227-3863