Business Strategy

Strategic planning is a process. It helps you to document and establish a direction for your small business. Strategic planning allows you to define your business's mission, vision, and values. A well-formulated business strategy can play an essential role in your company's growth and eventual success as it tells you and your employees how to respond to challenges and opportunities.
Learn More
about our services
816-394-6818

Use Fix This Next in Your Electrical Business

Business Strategy

There are skills and tools that you need to be a successful electrician. And, there are skills and tools you need to run a successful electrical business. One of those tools is called Fix This Next. Use Fix This Next in your electrical business for business success. What is Fix This Next and how can it help your electrical business? This approach to business provides insights into what is going on in your business, finds hidden problems, solves them, and keeps them solved. The end result will be better sales, profits, and organization in your electrical business.

Fix This Next and the Business Hierarchy of Needs

Every business has to have certain things in order or it will not succeed. This “hierarchy of needs” starts with sales. You need to have money coming in or your business will fail. Then, you need to see those sales converted into profits or all of your efforts are for nothing. For all of this to keep working you need order in your electrical business. When these are in place and maintained your business will have an impact on the community and you will leave a legacy behind when you are done.

Fix This Next is an ideal way to identify issues that are holding you back at any level. This method always starts by looking at sales, fixing problems, and developing methods to keep the problems fixed. Next it looks at profit and addresses any problems that are letting money leak away after you have made sales. And, Fix This Next looks at the efficiency or degree of order in your business.

At every step of the way, your Fix This Next coach will help you set up ways to prevent problems from coming back.

No matter how skilled you are at fixing electrical problems, if you do not apply the right skills and tools to running your business, you will not be a profitable as you would like and will spend too much time trying to put out little “fires” that happen in the business side of your life. Getting a handle on how to address these problems is the first step and that first step starts by contacting a Fix This Coach like Exigo Business Solutions in the Kansas City area.

Fixing Things in Your Electrical Business

The Fix This Next method does not stand alone in finding, resolving, and tracking business issues. As you find problems in sales, profits, or efficiency, you will use advanced tools like QuickBooks custom reports and the Profit First Method for improving budgeting and cash flow as well assuring you of a continuing profit.

When you have hidden problems at the base of your electrical business, you will not only be losing money but you will be constantly wasting time as well as you think you are fixing things and they come back again and again. When you use the Fix This Next approach you will find that you have more time to deal with the electrical side as opposed to the business side of operations and even have some time for yourself and your family!

For help dealing with the business and “office” side of your electrical business, contact us at Exigo Business Solutions today.

learn more
about our services
Profit First Strategies helps business owners experience profit.

Fix This Next

“The biggest challenge business owner’s face is knowing what their biggest challenge is.” said Michalowicz. The Fix This Next Business Hierarchy of Needs will serve as your guide to accurately assess the needs of your business, make the necessary repairs, and progress towards your vision. Always revert back to the lower level needs and fix that next before you focus on the higher levels.
Profit First helps you experience profit.

Business Strategy

Strategic planning is a process. It helps you to document and establish a direction for your small business. Strategic planning allows you to define your business's mission, vision, and values. A well-formulated business strategy can play an essential role in your company's growth and eventual success as it tells you and your employees how to respond to challenges and opportunities.
Ronald B. Allen
CEO, Profit First Professional, Fix This Next Founding Advisor
Principle of an accounting firm that’s committed to educating business owners on their financial health, providing a trans-formative strategy and helping them experience their profit!