Every business owner should be able to answer a simple question about their client list…what is the average lifetime value of a typical client?
If you’re not sure what I mean, let me give you a brief overview. Anytime you spend marketing money to land a new client in your business you expect that they will produce a certain amount of revenue for your company. You should know what they’re likely to spend initially, how often they’ll reorder, at what frequency and, unless you’re just starting out, you should have a good idea about how long a client usually does business with you. Read More→



1. Make sure that both sides feel that they’ve accomplished something in the negotiations.