A recent issue of Fast Company, a magazine for small-company CEOs, recommends screening new clients based on these 4 Ps:
1. PEOPLE: Will you enjoy working with this client?
2. PROJECT: Will your work for her or him advance you?
3. PROFIT: Will you profit from this account?
4. PLATE: Too much on your plate already? Will yet another client add too much work for you or your staff?
Don't take on work that will reduce the quality of the work you do right now. When you just scrape by, you can't afford to screen out new clients as you need them.
But as soon as your business grows, become gradually more selective. In the long run you will grow faster and enjoy higher profits, and less stress, if the new clients you take on are appropriate for your business.
4P Screen For New Clients - To learn more about this author, visit Donald F. Pooley's Website.
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Donald F. Pooley
(Visit Donald's Website)
Don Pooley, the author of this article,
allows you to publish
it if you include these credit lines:
Copyright 2005, Donald F. Pooley, Inc.
Don Pooley CLU, CFP, CHFC, "The
Advisor's Advisor" has shared
his marketing know-how with audiences of
life insurance men
in all major Canadian cities, London,
Australia, Chicago, New
York, San Francisco, Hong Kong, and
Singapore, and now in his
free ezine. To get more ideas on marketing
your services, plus
free ebooks, subscribe now at www.eTIP.ca/
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