Peer Mentoring for Limousine Operators Will Drive Your Profits!
Recently, the Taxicab, Limousine and Para-transit Association surveyed limousine industry leaders about the best ways to make it through the economic downturn. Those leaders’ advice could be broken down into three categories: One, as you might expect, was cost-cutting. The second, related to the first, was careful bookkeeping: Tracking every penny, if possible. The third might seem a bit counter intuitive, because it involves spending money, rather than saving it for a rainy day: Market yourself!
Of course, as a prudent owner, you’re doing that now, so the vital questions are
- How can you do it better?
- How can you make yourself stand out from the limousine services crowd when it comes to limo rentals?
- How do you make sure you get your share, and more, of calls for a wedding limo?
- How do you make the most of the resources you have available?
- What’s the best path forward?
“This is a job for a consultant,” you might say. And you’re right! But consulting for small business owners can get pretty expensive, and besides, who’s going to know your business as well as you do? We asked those questions and came up with a cost-effective answer: Peer Benchmarking Review Groups!
Peer Benchmarking for Limousine Operators Will Work—Or Your Money Back!
When you sign up for your Peer Benchmarking Review Group, you get a seat the table with others owners of limo services who know exactly the issues you’re dealing with, because they’re dealing with the same issues! We add a veteran entrepreneur who knows how to unlock the profit potential of your business.
It’s like a team of business consultants! You learn what’s working for your fellow limousine rental operators (from markets that don’t overlap; once an applicant is accepted, the session is closed to other applicants from the same market) by going over the numbers. You find out where you stand; when you see above-average numbers, you learn the business strategies that helped make the numbers rise; and your best cost-cutting and growth-creating initiatives get a vetting from the group through a “Big and Easy Analysis” to make sure they’ll work when it counts! At the end of the day, you drive away with a business plan complete with benchmarks so you can track your progress. Think of it as your road map to success!
Veteran business mentor Ron Sturgeon, Mr. Mission Possible, knows what it’s like to make a business grow and thrive, in good times and bad. He knows what it takes to make the most of the Internet, whether it’s by using your Web site and bulk e-mail effectively, or using Facebook, Craigslist and eBay to your best advantage! And he knows all about the power of peer benchmarking—his early experience with peer mentoring helped make his company so successful that Ford Motor Co. bought it from him in 1999!
Put his business planning and business development experience—and Peer Benchmarking Review Groups—to work for you! Get in touch with Mr. Mission Possible to learn more or to sign up today!
Limousine Services (NAICS Code 485320)