Home: Authors: Mike Daley
Let's Grow Together!

Status: Member since July 5, 2010
Location: United States of America
Articles: 12 Active Articles, resulting in 171 views
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TRCB - Member Profile - Mike Daley

MJD Business Advice LLC is owned by Mike Daley, an award winning, small business expert, who has over 37 years of helping entrepreneurs start, grow, buy and sell businesses. We focus on business consulting with companies who have 100 employees or less.

During his 32 years of senior executive experience in marketing and sales management at Ford Motor Company, Mike was consulting and providing solutions one-on-one with the dealer distribution network in the areas of profit process improvements, finance, sales, marketing, employee satisfaction, training, and customer loyalty. While at Ford, his last twelve years were focused on improving the dealer network in Texas and Oklahoma as the franchise manager; working with potential dealership owners to forecast market potential, developing metrics to forecast their working capital needs, reviewing facility relocation and modernization plans, and focusing their business plan toward achieving specific goals to maximize their ROI.

For the last five years Mike has been consulting, counseling, and providing business advice to hundreds of potential start-up and existing businesses in a variety of industries. Through Mike's advice, clients have grown profits, obtained financing, increased sales, developed business plans, reduced costs, and improved customer loyalty. He has developed seminars on how to start a business and another on relationship selling. In addition, he has written articles for business journals and has made presentations at several organizations.

What makes a good website? Here are 6 things winning websites have in common.
Even if you have a great relationship with your current landlord, always keep in mind your landlord is in the business of maximizing profit on his property by obtaining the highest possible rents.
Starting your own business? Here are 5 things to consider before spending any money.
Does your potential franchise make sense? Here is an informal reality check to determine if the franchise is a good fit for you.
Grab your customers' attention with creative promotions that tie into 12 months worth of holidays and celebrations. There is a special day everyday and one for everyone.
What do you think is the most important life blood of a business? Is it profit, sales growth, or customer loyalty? You can have all three and still go out of business if you do not have the one thing all companies need to live; which is cash!
Most small business owners are afraid of traditional selling techniques. Today’s market requires a higher level of sophistication. Aware of this, companies are starting to lean toward a relationship model of selling.
From a business perspective, diversification stems from spreading sales across multiple product lines with several suppliers, and marketing to varying geographies. Small business owners whose net worth is concentrated in operations that consist of a small basket of product offerings or regional exposure must also prudently manage risk.
Using a business adviser or consultant can increase profit, free up time, improve the team, and grow your business. One more thing, there are no employee taxes or benefits involved.
Building a relationship with your lender is as important as meeting the five C's of lending. Knowing the five C's of credit will get you prepared for the loan process. Take a look.