Suite 208 A-LB 29 Main Street, Rouse Hill Town Centre, Rouse Hill, 2155

10 Things That Kill Trust In Your Business

           

April 4, 2022 / Kerrie Sheaves

Kerrie Sheaves
Foundational Business Consulting

10 things you’re doing wrong, that kill trust in your business.

Getting started in business is easy, but being trusted as a business so that we will buy from you is harder. You need to build trust in you and your businesses brand.

There’s lots of ways you can enhance the trustworthiness of your brand through your marketing processes, but there some simple fundamentals you can do to make sure that your potential customers and referral partners consider you a business with integrity.

Failing to cover these basics can very quickly undermine your chance of winning business, and can’t be overcome by any slick sales and marketing messages you put out to the universe.

1. Unprofessional Email Addresses

The very first red flag, which damages trust in your business, for any potential customer or someone who you want to do business with, is seeing that a supposedly established business is still using an unprofessional email address. Using emails like john@hotmail.com or Jill.smith@gmail.com, fred@optusnet.com.au etc., instead of a proper ‘companyname.com’ email undermines your credibility.

Buying a domain name for your business isn’t expensive and setting up a proper business email address for that domain is very easy to do and or you can get help from an IT support service. Using a ‘dodgy’ email address that is not a business name tells potential customers and business partners that your either lazy or may not be stable as a business.

2. No Registered Business Name and or ABN

Even if you are a sole trader you should still register your business properly by getting an ABN. This tells potential customers that you are a proper legal business entity.

You can still use your own name as the register business name, if that’s the type of service you provide (Eg Joe Bloggs Consulting). But without an ABN it’s clear that you have not done the basics of setting up a professional business for the purposes of trading, paying for services, paying tax, and governments put out warnings regularly about untrustworthy operators and scams from people who are not registered properly.

3. Licenses and certifications

If you are in an industry where you are required to be licensed to deliver specific type of work, then you need to make sure that you have and display those licenses prominently.

If I have to search for it on a government site, on your website, the invoice or your quote then I’m going to question whether you actually have the license and can be trusted to do the work properly.

Further if you’re not licensed to do certain work and you suggest to your customer that: a “way to get around this is to break contracts into smaller chunks to get away with not having a license or certain work done that you’re not qualified for”, you immediately tell your customer that you’re willing to work outside of the rules, not just for them but for everything you do. Throwing out your integrity to win a deal creates distrust in you and your business.

4. Insurances

Every business needs some form of insurance it might be public liability, or may be professional indemnity. If you’re making a product, it could require product liability. It’s important to know what insurances your type of business needs to carry to give assurance to its customers that you are able to cover yourself if things go wrong.

5. Every business needs a website.

Your website doesn’t have to be 10 pages and cost thousands of dollars. A one page good looking site with straightforward information that describes what your business is, what it does, who is behind it, and how a customer can contact you is enough.

We are operating in the 21st-century if you don’t have a website, even a one page website/ landing page, then I can’t find you and that means you don’t really exist. Most most consumers/clients won’t trust a business that they can’t find quickly on the Internet. The very first thing anyone will do after first meeting you is Google you and your business.

A Social Media account doesn’t replace a website. Even if most of your trading and information is shared through your social media accounts.

6. Active social media accounts

We would encourage you to definitely have at least a Facebook, Instagram and LinkedIn account, so that people can see what your business is, and that it’s actively trading.

Recent photos and posts tell people that you are an active business. Buyers are always going to choose a business that’s active and has recent testimonials, reviews, and posts as a more trustworthy business over a service that hasn’t updated any of its social accounts for two years.

7. Detailed Quotes

A one line vague quotation with no company information, terms and conditions or details about what is included in the service, is a big warning sign for anyone who’s intending to spend money with you.

If you’ve taken the time to sell to a client, and explain all the things which they’re going get included as a part of your sales pitch, don’t then present them with a quote that’s just a single line without a list any of those inclusions. It’s going to make them nervous and undermine the trust they have that all of the scope of what you discussed is actually going to be included in the price you are offering them.

8. Contracts

A trusted and professional business has a contract for its services. This doesn’t have to be a 40 page document. It could be literally one page that explains the terms and conditions, what happens if there’s a dispute, and any other really important information about how you work with the client. Your contract should also provide information on any expectations you have of each other (like confidentiality).

It doesn’t cost a lot to get a basic set of terms and additions or contract drafted by a commercial lawyer, but it does cost a lot if you lose a client because you don’t have a contract ready to go, or end up in a dispute because you didn’t have one.

9. Invoicing

Customers need to know what they’re going to be charged for. They need enough information on that invoice so that it’s able to be used for tax purposes by them. And they also need to know when they need to pay it by and how to go about paying you.

Providing a simple and professional invoice to your customers at the time of purchase is essential. If they have to chase you to be invoiced, to find out how to pay, the due date, or to get a tax receipt for payment then your customer experience will be very low.

And that means trust in your ability to manage your own business processes will be damaged, and getting new business from existing customers will be unlikely.

10. Bad Networking Practices

Nobody enjoys being sold to when they we meet someone in a networking environment. Raining business cards on everyone you meet is a turn off. As is emailing and pestering them immediately after your first meeting, when you know nothing about them and they know nothing about you. It’s a big no no and destroys trust immediately.

Networking is about relationship building. Earning the right to offer your services over time. Networking is most effective when the focus is on the genuine development of trust and a real relationship, which allows you to understand the other persons interests and their needs.

Make it priority to get these simple things right, and build the foundations of a trusted business.

Call us to find out more today!

Tags

    You may also like

    Business Basics 101

    March 3, 2022

    Business Partnership

    Pre-marriage plannning for people going into Business Partnership

    May 6, 2021

    Leave a comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Take your business to the next level

    Take the first step towards growing your business and arrange a meeting with us to explore the possibilities. Fill out the enquiry form below.

      Please add me to your mailing list

      Join our mailing list

      Get the latest info on upcoming workshops, events and tips and tricks to help your business grow.