C
cwodavids
member
Howdy,
My brother has an SMP clinic, I run a marketing agency for lawyers.
He wants more clients, I know nothing about the industry.
He wants me to buy into his business and help him grow by using my marketing skills.
I don't want to spend a penny until I understand how difficult the business is.
He is running training for others, I think that is dumb.
He is always fixing botched jobs, I am worried the industry is full of cowboys.
He's said it is an easy business, I am not convinced and think he is just telling me what I want to hear
He says there is plenty of potential customers, I think the market is saturated.
To that end, I have the following questions I would love some honest answers to as I am not totally convinced it is all rainbows, cupcakes and unicorns
My brother has an SMP clinic, I run a marketing agency for lawyers.
He wants more clients, I know nothing about the industry.
He wants me to buy into his business and help him grow by using my marketing skills.
I don't want to spend a penny until I understand how difficult the business is.
He is running training for others, I think that is dumb.
He is always fixing botched jobs, I am worried the industry is full of cowboys.
He's said it is an easy business, I am not convinced and think he is just telling me what I want to hear
He says there is plenty of potential customers, I think the market is saturated.
To that end, I have the following questions I would love some honest answers to as I am not totally convinced it is all rainbows, cupcakes and unicorns
- If I did get involved, what kind if things will keep me awake at night regarding the business?
- What are the 'normal' profit margins you are seeing?
- What are the big frustrations you have running your business?
- What are the top 3 problems you would love solved if you had a magic wand?
- What problems do you have in getting clients as his phone seems to ring a lot, but he never has time to answer it which seems an easy fix in order to get clients?
- What marketing works best for your business i.e. socials, email, website, reviews etc as he relies mainly on referrals which seems a bit risky?
- What software are you using to help run your business like calendars, emailing, social etc as my brother just uses a Google calendar and never emails anyone?
- Where do you see the industry in 5 yrs time?
- Are you doing training for others?
- How many SMP places are in your city and how big is your city?
