Five Reasons for Business Failure

June 15, 2009 - PRLog -- Five Reasons for Business Failure

(St. Louis, MO)  Business expert, Dr. Drew Stevens believes that many small businesses have the potential to be more successful than they are.  With a list of a five tips, Dr. Drew gives advice to small businesses to increase profits considerably.  Based upon work with hundreds of firms, businesses need to create an image, tighten up their sales focus, and hire the right employees.

Based on recent information released by Stevens Consulting Group, a St. Louis based consulting firm, one of the most vital points that Dr. Drew believes can increase profits tremendously is to cultivate existing clients because it costs 10 times more money to generate a new client than to sell to an existing one.

“The time for cultivating existing clients is even more important during a recession, those that do by historical trends are 256% benefited by maintaining contact,” stated Dr. Drew Stevens.

Stevens Consulting Group is an international consulting organization specializing in business growth.  Dr. Stevens is a business growth and selling specialist having served over 60,000 professionals around the globe.

For more information on Stevens Consulting Group or to obtain more information on this list, visit www.stevensconsutinggroup.com or contact Saisha Judd at 281-546-5094/877-391-6821 or saisha.judd@stevensconsultinggroup.com.