Home | Industry Information | Business News | Browse by Publication | T | The Journal of Employee Assistance

Selling EAPs to small businesses: EAP providers that take time to understand the challenges facing small businesses and position their services as solutions can break new ground in a market segment that lacks resources to address human capital issues.(employee assistance programs)

Publication: The Journal of Employee Assistance
Publication Date: 01-JAN-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
One of the hardest decisions a business owner makes is deciding to hire his or her first employee. Once that decision is made and the employee is hired, the dynamics of the business change. If the changes are positive, revenue increases and, with it, the need to hire more employees. It is in...

View more below

Read this article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 7 Days!
Tell Me More   Terms and Conditions

Purchase this article for $4.95

Already a subscriber? Log in to view full article

...this workforce growth that presents new--and, the case of small businesses, relatively untapped--opportunities for EAP consultants and service providers.

Small businesses represent one of the richest and most viable markets for EAP services. Statistically, small businesses account for more than half of the total employment in the United States, the United Kingdom, Canada, and Australia, as well as 60 to 80 percent of new job creation. Small businesses truly are the engine of economic growth.

Marketing and selling services to owners of small businesses can be challenging, but it can also be quite lucrative. Succeeding requires developing and establishing relationships with the business owners and spending time training and educating them on how your services will help them solve problems and issues they are facing.

COMMON CHARACTERISTICS

To market and sell services to small businesses, it is helpful to understand and appreciate the owner's perspective. There are several common characteristics and profiles of small business owners, but when I meet with them a few consistently come to the surface:

Passion and technical competence. The owner of a small business has put everything on the line to create, sell, and/or distribute a product or service. When you walk in the door of a small business, you may be witnessing a life's dream being realized. A manufacturing company, for example, may have sprung from nothing more than an idea and a welding torch and...

NOTE: All illustrations and photos have been removed from this article.

Access Full Article, Compliments of Goliath


More articles from The Journal of Employee Assistance
Guide offers strategies for adding workplace behavioral services.(Unit..., January 01, 2006
Website provides tools for businesses on health topics.(Brief Article), January 01, 2006
ROI for alcohol treatment exceeds that of wireless e-mail devices.(ret..., January 01, 2006
Spain abolishes smoking at work as of 2006.(Brief Article), January 01, 2006
Health care costs rank low as global concern.(Brief Article), January 01, 2006

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.