News: Front Section

Some business resolutions worth keeping - Part 2

Part one appeared in the January 25th edition of NEREJ in the front section. 7. To think longer term: Stop thinking transactionally and start thinking about the relationships you'll need in 2013, 2014, and 2015. Look at today's business leaders and be sure you are developing strong relationships with the peers and colleagues who you'll trust and want to continue to work with 5 years from now. Begin communications with potential clients when they don't have an immediate need for your services; if your communications are positive and consistent, they'll remember you when they do have a need. You never know where someone's career path may take them. When resources are an issue, go for fewer quality relationships over superficial ones in great quantity. Be strategic. 8. To let your customers know you appreciate their business: Find ways that matter to highlight your efforts on their behalf, and to sincerely show appreciation for their support. This goes beyond doing quality work on a project-that is an expectation-and extends to communicating that you understand and are willing to respond without complaining to their sometimes very demanding needs. Remember, your customers have a choice and if they're not clear why they continue to use your services, they may exercise that choice before you know what happened. 9. To view marketing as investment in the future of your business: Repeat business and continuous new opportunities are the direct result of investment in strategic marketing and sales efforts, period. Most businesses take for granted that a quality work product will be produced. You must invest in communicating those unique factors, and in consistent visibility. 10. To be consistent in your marketing efforts: Look at every interaction as an opportunity to communicate your value. Develop an approach that works for you and stick with your efforts. It's virtually impossible to say which efforts will return the most, and you often find opportunity where it's completely unexpected. It is, however, certain that opportunity will not find you unless you make the effort. Get out there, stay visible, stay positive, and be a good business partner to everyone, not just those who have something to offer you today, every day. Lori Stewart Coletti is the founder of Big Bark Solutions, Boston, Mass.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary