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6 Steps for scaling a small business to enter new markets

ACT

Scaling your small business to the next level and taking over new markets. But before you set out to scale your business, understand this—over 469,500 new business applications were filed in the US in July 2023 alone. So, your small business expansion plans might face stiff competition from other entrepreneurs.

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6 ways to jump-start business growth in 2022

ACT

As much as we all want to kick off 2022 on the right foot, many small businesses (SMBs) still face some tough hurdles. If you’re struggling with sluggish business performance, you’re not alone. For one thing, widely reported snags in the global supply chain have hit small businesses harder than others.

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How to Manage a Sales Pipeline for a Startup

Nutshell

A refresher definition 5 best practices for managing a sales pipeline for a startup3 types of client onboarding Prioritize your good leads, drop your bad leads Analyze your pipeline regularly Update your processes regularly Standardize your sales pipeline Automate sales pipeline tasks with a CRM What is a sales pipeline?

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A Guide to Building a Referral Network for Your SMB

ACT

In this post, we’ll discuss effective ways to build a referral network for your business. But let’s first take a closer look at how referrals impact business growth. Moreover, a well-defined referral marketing strategy can turn into a self-sustaining vehicle for customer acquisition. A CRM platform like Act!

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How to calculate ROI of CRM (& improve it too!)

Insightly

Simply divide your net profit by the total investment, multiply by 100, and you have your number: ROI = net profit / total investment * 100 But estimating ROI for a business system—such as a Customer Relationship Management system (CRM) —is not as straightforward as a one-time advertising campaign. the ROI of CRM).

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The best sales CRM software for 2023

PandaDoc

When you have loyal customers, you’re likely to have lower customer acquisition costs (CACs), better sales figures, and higher customer lifetime values (CLVs). To help you establish those long-term relationships, one of the most important tools you can use is CRM (Customer Relationship Management) software. These can include: 1.

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The Ultimate Guide to Sales Projections

Hubspot Sales

The sales team also considers the following when creating a sales projection: The economic factors that might affect the business. The current state of the market and the position the business occupies within it. Your budget for customer acquisition. Manage inventory better. Examine market factors and seasonality.

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