Whether you have your own business or are employed, here are just some reasons why it is worth investing some time and effort into expanding your contacts. Joining the breakfast is a very small investment:
Cost for members will be:
Generation of referrals /Increased business
On average 70% of all new business is gained through word of mouth and positive recommendation. As you develop your contacts and build up positive relationships with people you will find that you will naturally gain business and sales leads as people recommend your services. People like to pass business to those they know, like and trust. But this will only happen if you have a network of contacts in the first place.
Raising your profile
Just by expanding your contacts you are raising your profile – people know you exist and know what you do and you will more likely to be thought of if your products or services are required. Generally, people like to help people and are willing to impart their expertise and advice to others who they have got to know, like and trust.
Knowing who to turn to when you need help
The benefits of business networking are not just about generating sales leads and referrals. How much time have you wasted in the past trying to find the right person or business to solve a problem for you? Have you resorted to looking in the local telephone book for a service or plucked a name off the internet only to be disappointed with the product or service provided? By getting to know reliable contacts who can provide you with what you want or who can be trusted to recommend others can save you time and money.
The more you network the more you get used to explaining what you do and how you can help others. Clear communication of how you can help is crucial to winning business and this will only improve the more you do.
Satisfaction from helping others
Last but by no means least, one of the biggest advantages of networking in business is the increased capacity to help others. Have you ever thought just how good it feels when you have helped someone whether it is by saving them time and effort by providing them with a useful contact, passing someone a referral or directly giving someone a piece of useful advice? The benefits of business networking just keep on coming!
Look forward to seeing you at the Newton Abbot and District Chamber of Commerce Business Breakfast.