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Anchal Chauhan

revenue streams

How do I diversify my revenue streams to reduce dependence on any one source?

Purpose To help you survive and thrive in business! Introduction https://youtu.be/78ujfqfmnsE I’ll keep this to the point – business in my experience can become over reliant in four main areas:• Clients/Products• Channels• Suppliers• People/Team/StaffYes of course there will be others and I always welcome feedback and builds upon the material I share. If you feel

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encourage creativity

How do you encourage creativity and innovation within your team?

Purpose Make you stop for a second and think about the value to encourage creativity within your team.Give you some practical tips and thought starters to enable you to act. Introduction https://youtu.be/t6VrOrQr4to In today’s rapidly changing business world, creativity and innovation have become essential for small businesses to thrive and stay ahead of the competition.

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training and development

How can I provide adequate training and development opportunities for my team

Providing adequate training and development opportunities for your team can help them improve their skills, increase their job satisfaction, and ultimately benefit your organization’s performance. Here are some steps you can take to ensure your team receives adequate training and development: 1. Identify training needs Start by assessing the skills and knowledge of your team

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avoid procrastination

What steps do you take to avoid procrastination in your business?

When did you last put off doing something important that you needed to do for your business? Well, I put off writing this blog. I procrastinated about writing a blog on avoiding procrastination! Why? What causes us to procrastinate? A simple view is laziness. What happens if we look deeper? There is a belief that

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attrition and high turnover

What steps can I take to reduce attrition and high turnover in my team

Reducing attrition and high turnover among team members is important for maintaining a stable and productive workforce. Here are some steps you can take to address this issue: 1. Understand the reasons for attrition Conduct exit interviews and surveys to understand why team members are leaving your organization. This can help you identify underlying issues

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target segment

How do you customize your messaging for each target segment in your marketing plan?

In marketing, customising your messages specifically for your target segment, or niche market, is the key to success. A one-size-fits-all approach to marketing can be ineffective as it fails to take into account the unique characteristics, needs, and preferences of different niche markets. It tries to appeal to everyone and succeeds in attracting no one.

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efficiency and productivity

What steps can I take to improve efficiency and productivity within my team?

As their manager, you are responsible for ensuring that your team is productive and efficient. This is essentially a function of competency and effectiveness. A highly efficient and productive team can help your organisation achieve its goals and stay competitive in today’s fast-paced business environment. In this blog, we will explore the steps you can

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business finances

What strategies do you use to manage your business finances effectively?

How would you score yourself in managing your business (and personal) finances? Out of 10. Now let’s define that. To score 10/10 have you got up-to-date bookkeeping, monthly profit and loss (or management accounts) and balance sheet within ten days of the period end, a 12-month rolling forecast, and a five-year financial plan? If you

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recognition and reward

What measures can I take to provide recognition and reward for my team

There is absolutely no one in the world who doesn’t like recognition and reward for the hard work they do and the same holds true for your employees as well. Employee recognition is the acknowledgment of an employee’s efforts, hard work and behaviour in the workplace that have contributed to the organization’s success in some

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new company

Be aware of the challenges staff face when joining a new company

Having worked as an Executive Coach and led businesses around the world, I’ve highlighted below some of the key challenges new employees face when joining a new company. Everyone is different with their own personal challenges and requirements (in particular when it comes to international posting and transfers) but here are a dozen of the

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