What Does Your Small Business Need to Know
Tuesday, October 17th, 2006If knowledge is power how much knowledge is too much?
It’s pretty easy for a small business to become bogged down with statistics. Analysing your cash flow and your income and expenses is very important and having some idea of who your customers are is also important.
But sometimes we go way too far in trying to know everything we can about our customers. Not only do we run the risk of alienating customers who might find our data collection methods to be intrusive but we also waste time analysing information that is simply not important.
Some experts suggest that the only information we need to know about our clients is that which tells us how we can communicate directly with the clients and and that which helps us understand what the clients are thinking about.



