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THE X FACTOR BLOG

This blog is a forum for discussion on topics relevant to business owners. We also publish strategies on marketing and growing your business, special offers and advanced tools to keep your business on the cutting edge as well as keep you up to date on SME news and media.

From the Desk of Nic Clark - Increasing Your Prices: A Scary But Highly Successful Strategy

10X Newcastle - Thursday, January 19, 2012
The truth is, they won’t. On almost all occasions a price increase can actually increase your sales volume. For instance, an Australian based company with $9 billion in revenue was having challenges with its profit margins, so they decided to increase their prices. To do that, they Keep Reading

A lifestyle spring clean

10X Newcastle - Thursday, January 19, 2012
Many SME owners crave a better work/life balance and dream of one day growing their business to the point where they can either scale back their hours, or have someone take over the reins so they can retire completely. For many, this freer lifestyle doesn’t always come to fruition, but for Keep Reading

The dummies guide to being seen as THE expert in your field

10X Newcastle - Thursday, January 19, 2012
It’s not always easy to set yourself apart from the competition. After all, you’re competing with hundreds of other businesses in your community, each vying for the attention (and dollars!) of your customers. You can be assured that your competitors are constantly thinking of ways to att Keep Reading

Converting connections into business

10X Newcastle - Thursday, January 19, 2012
How do you convert casual conversations with total strangers into new business? Whether you are a dexterous communicator, or pretty reticent when it comes to striking up conversations at business events, any successful business owner knows that that every conversation about business could be an unde Keep Reading

From the Desk of Nic Clark - Create A Loyal Following Out Of Your Staff

10X Newcastle - Monday, January 09, 2012
Break out quote: “Lack of loyalty is one of the major causes of failure in every walk of life” – Napoleon Hill With the recent recession and ongoing economic volatility, many employees have found themselves out in the cold and out of a job. Staff loyalty has not been at th Keep Reading

Building a better business "road map"

10X Newcastle - Monday, January 09, 2012
A case study on performance planning with In2Bathrooms All businesses should have a business plan which acts as the ‘road map’ for the enterprise. After all, if you don’t know where you’re heading, how can you take appropriate actions to get you there? Have you ever s Keep Reading

Avoiding boiling point : stress management tips for business owners

10X Newcastle - Monday, January 09, 2012
Stress is something we all experience and unfortunately cannot be eliminated altogether. However stress doesn’t have to be an entirely negative emotion – after all, it’s generally what gets us motivated to take action! A certain amount of stress can actually be healthy, so lon Keep Reading

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