The KBB Unstoppable Business Owner Podcast Kevin D Bannister

Combatting Business Stagnation: A Proactive Approach

In this episode of the KBB Unstoppable Business Owner podcast, host Kevin D Bannister discusses the critical issue of business stagnation, comparing it to a stalled engine that needs maintenance.

He highlights the importance of a clear vision, customer focus, and employee engagement to prevent and address stagnation.

Stagnation can manifest through declining revenue, customer dissatisfaction, employee disengagement, and lack of innovation, which can all lead to a decline in profitability, market share, and investor confidence.

To combat this, Kevin introduces the 'D STAG' model, which involves reassessing your vision, prioritizing customer satisfaction, and revitalizing company culture. 

He emphasizes the importance of staying agile, fostering a supportive work environment, and aligning with market trends and customer preferences to ensure long-term business health and success.

The episode also draws on a study by the Federation of Small Businesses, revealing the widespread challenge of customer acquisition and retention among UK businesses, underlining the urgency of addressing stagnation to achieve sustainable growth.

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In this episode of the KBB Unstoppable Business Owner podcast, host Kevin D Banister explores the topic of inflation and its effects on consumer behavior and business operations.

Beginning with a brief overview of inflation's rise to 11.1% in October 2022 and its subsequent decrease to 3.2%, he discusses the broader implications of these changes. He points out how inflation impacts buyer confidence, leading to reduced spending, and how businesses are affected in turn.

Kevin explains the role of the Bank of England in attempting to manage inflation through interest rate adjustments, noting significant increases from a historic low of 0.1% to 5.25%.

Furthermore, Kevin discusses the adjustment in consumer spending behaviour as inflation rates start to decrease, suggesting business owners re-engage with leads who may now be more open to spending.

The episode aims to provide listeners with insights into managing their businesses amidst fluctuating economic conditions, emphasising the importance of understanding consumer behaviour in response to inflation and interest rates.



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If you enjoyed this episode please subscribe or follow and leave a rating and review wherever you listen to your podcasts to support the KBB Unstoppable Business Owner Podcast. Reviews help in reaching more audiences and enabling more business owners to benefit from the valuable insights shared in each episode.


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In this episode of the KBB Unstoppable Business Owner Podcast, Kevin D Bannister addresses common ways businesses lose money and emphasizes the importance of not just focusing on sales and direct costs. He highlights the critical nature of regularly reviewing a business's financial performance to ensure profitability, citing a QuickBooks study that businesses doing so were 46% more likely to be profitable.

Kevin outlines a three-step approach for businesses to stop losing money, which includes evaluating revenue streams, analysing expenses, and implementing efficiency measures.

He provides practical advice on topics such as managing subscriptions, negotiating with suppliers, pricing strategies, handling high employee turnover rates, and the necessity of investing in the business for long-term success. Kevin concludes by urging business owners to review their subscriptions as an easy first step to save money.

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If you enjoyed this episode please subscribe or follow and leave a rating and review wherever you listen to your podcasts to support the KBB Unstoppable Business Owner Podcast. Reviews help in reaching more audiences and enabling more business owners to benefit from the valuable insights shared in each episode.


When you are ready here are 3 ways you can get more help/support:


Join our workshop on How To Become An Unstoppable Business Owner. Download "The KBB Unstoppable Guide" and put an end to being overworked, low fees, and finally be paid what you’re worth, starting today… Connect with me on LinkedIn - send me a message and say hi, I would love to find out more about you and what kind of support you may need. Connect here

In this episode of the KBB Unstoppable Business Owner podcast, Kevin D Bannister delves into the distinction between focusing on revenue and prioritising profit, terming it 'the revenue or profit game.' He illustrates how businesses often get caught up in the excitement of increasing sales and fail to focus on the actual profits, leading to a cycle of overspending without sustainable growth.
Through examples like Victoria Plum, Kevin discusses the pitfalls of aiming for top-line growth at the expense of profitability, including the dangers of vanity metrics and the importance of understanding underlying financials. He offers a three-step approach to pivot towards playing the 'profit game,' emphasising mastering numbers beyond sales, aligning sales processes with profitability, and scaling smartly. Kevin concludes by underscoring that revenue is a lagging indicator, whereas profit is a leading one, urging businesses to prioritise sustainability over fleeting growth.

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If you enjoyed this episode please subscribe or follow and leave a rating and review wherever you listen to your podcasts to support the KBB Unstoppable Business Owner Podcast. Reviews help in reaching more audiences and enabling more business owners to benefit from the valuable insights shared in each episode.


When you are ready here are 3 ways you can get more help/support:


Join our workshop on How To Become An Unstoppable Business Owner. Download "The KBB Unstoppable Guide" and put an end to being overworked, low fees, and finally be paid what you’re worth, starting today… Connect with me on LinkedIn - send me a message and say hi, I would love to find out more about you and what kind of support you may need. Connect here

This episode of the KBB unstoppable business owner podcast, hosted by Kevin D. Bannister, focuses on guiding entrepreneurs through the critical stages of their business journey.
Highlighting five essential stages -
Dream Up, Start Up, Grow Up, Scale Up, and becoming Exit-Ready - the host emphasises the significance of recognising and navigating each phase successfully. 
Through this exploration, listeners are encouraged to assess their current position, gain clarity on their business's direction, and understand the importance of profitability over mere sales.
The podcast aims to provide entrepreneurs with insights on avoiding common pitfalls by managing their business's growth strategically, thus facilitating a trajectory towards sustainable success and eventual exit-readiness.

Subscribe & Review
If you enjoyed this episode please subscribe or follow and leave a rating and review wherever you listen to your podcasts to support the KBB Unstoppable Business Owner Podcast. Reviews help in reaching more audiences and enabling more business owners to benefit from the valuable insights shared in each episode.

Subscribe & Review
If you enjoyed this episode please subscribe or follow and leave a rating and review wherever you listen to your podcasts to support the KBB Unstoppable Business Owner Podcast. Reviews help in reaching more audiences and enabling more business owners to benefit from the valuable insights shared in each episode.


When you are ready here are 3 ways you can get more help/support:


Join our workshop on How To Become An Unstoppable Business Owner. Download "The KBB Unstoppable Guide" and put an end to being overworked, low fees, and finally be paid what you’re worth, starting today… Connect with me on LinkedIn - send me a message and say hi, I would love to find out more about you and what kind of support you may need. Connect here

In this episode of the KBB Unstoppable Business Owner Podcast, Kevin D. Bannister discusses the importance of business owners identifying their primary desires, whether it's more profit, cash, take home pay, or time. He emphasises that clarity in these desires can simplify the process of taking control and optimising a business. 
Kevin encourages listeners to reflect on their goals and looks forward to addressing more topics in the future episode.

Special Shout Out to:
Andrew Davies from KBB Review Podcast
Peter Jones from the Foyne Jones Show




Subscribe & Review
If you enjoyed this episode please subscribe or follow and leave a rating and review wherever you listen to your podcasts to support the KBB Unstoppable Business Owner Podcast. Reviews help in reaching more audiences and enabling more business owners to benefit from the valuable insights shared in each episode.


When you are ready here are 3 ways you can get more help/support:


Join our workshop on How To Become An Unstoppable Business Owner. Download "The KBB Unstoppable Guide" and put an end to being overworked, low fees, and finally be paid what you’re worth, starting today… Connect with me on LinkedIn - send me a message and say hi, I would love to find out more about you and what kind of support you may need. Connect here