When creating new products or services we recommend that you have 8 categories. We call it the Awesome 8! It’s what your clients are interested in – over and above compliance services.
If you stay close to the numbers and follow the Awesome 8 then here are 20 new products / services you could create:
- Revenue growth program
- Cash flow analysis, forecasting & monitoring program
- Profit improvement program
- Debt re-structuring program
- Receivables management service
- Inventory management service
- Bookkeeping (serviced from lower cost countries)
- Virtual Management Accounting
- Cloud conversions
- Sort out the numbers program
- Monitoring & Accountability program
- Webinar / Seminar / Workshops / events
- Planning sessions – face2face, group or remote
- Boxed product (DVD, etc.) for a niche market
- Books / Manuals / Podcasts / Video subscriptions
- Software or online learning – subscription based
- Challenges – 100 day / 6 week, etc.
- Leveraged training or consulting
- Group coaching
- Cashflow in a Crisis program
At the end of the day every client should be buying every product they need that helps them achieve their goals!