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8 Steps to Productize your Service
Let's strategize how you can turn your service business into a product business.
May 5, 2020 - 11:30am
About the presenter - Jeff Farren
Jeff Farren is a serial entrepreneur and Founder/Managing Member of Accretive Value Advisors, LLC . For over 30 years, Jeff has worked with small business owners to help them strengthen and improve both the performance and value of their company. Drawing from experience gained through good times and bad, Jeff is a trusted advisor to business owners now facing tremendous challenge and opportunity. Jeff holds two degrees in finance: an MBA from the University of Chicago Booth School of Business and a BS from Indiana University Kelley School of Business. He is a Certified Mergers & Acquisitions Advisor, a Certified Value Growth Advisor, and a Certified Value Builder.
About the webinar
This webinar is geared for business owners with $1 - $10 Million in top line revenue in the last fiscal year. Other attendees are welcome. Service providers make up 75% of our economy, and they are being disproportionately impacted by the COVID-19 crisis. The people who cook for us, keep us fit and our homes clean are all being severely impacted. Business service providers are also getting impacted, including everyone from contractors to IT and business consultants. But we’re still buying products that solve a specific problem. So how do you transform a service business into a product company? There are eight unique steps... You’ll discover: • Why both personal service providers, as well as B2B service companies, are under pressure. • 8 examples of service businesses pivoting to productize their offering. • How to be more relevant to the needs of a market in crisis. • 8 unique steps to productize your service. WHAT TO EXPECT FROM OUR WEBINAR • How to discover your Teachable, Valuable, Repeatable (TVR) Solution • 8 examples of service companies that have successfully pivoted to offering products that solve a specific need • Actionable strategies to protect and strengthen your business
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