I have a Decline in Revenue Problem
If you have a decline in revenue, you likely have a problem! Any reduction in revenue is a reduction in the “life blood” of your business. A shortage of revenue for any reason can quickly impact on your business’s viability so this problem likely deserves quick attention.
Two Reasons for Decline in Revenue?
It is generally very obvious when your revenue is falling.
The cause might be external to your business. Things like increased competition (especially online). Or it can be due to performance within your business like your own sales and marketing.
To help clarify the likely root causes of your issues, select the most likely alternative(s) below to drill down further into the unknown cause/s of your problem.
Use your Business Problem Symptoms to find solutions
How to Select the Next Diagnostic Step
To learn how to use the 12Faces Diagnostic Process to best advantage, click More Info.
Learn more about Declining Revenue Solutions
If the problem with falling revenue is an internal one to your business, rather than due to external causes, choose this option. It will explore several common causes for revenue reduction and direct you to possible solutions.
Your decline in Revenue is affecting the industry as a whole. Industry wide business disruption can come from many angles. Competition, product disruption due to innovation, disrupted sales cycles either quarterly or yearly. You may decide that your best option is to exit the business. Learn how to do this profitably.
More on Declining Revenue Symptoms and Solutions
To see our full resources on this topic, also use the ‘Search” tool at the top of each page.
Find Solutions to Symptoms
Click on relevant links to drill down on solutions to the symptoms your business is exhibiting.
Your business symptoms not covered?
We add to our Symptoms Checker as new issues are uncovered. If your business symptoms are not covered here, email us and explain the symptom. We will try to address your issue and add it to the list already covered so you will be helping those who come after you.
SN ID: SN1