June 02, 2015

Formulas For Your Business Relationships [CHEAT SHEET]


I think I'm recalling the right grade, but in 2nd grade I started diving into the multiplication arena. I felt on top of the world that I could multiply 7x7 and the other best part was that I could properly use the formula table before most of my peers could. I thought it was the best kept secret...until of course everyone else understood how to do it.

Sometimes figuring out the right question or formula is just as satisfying as solving the problem afterwards. Whether it's googling a great question to knowing exactly what calculations to make, you're on the path to determine what's going on with your current situation. These are some of the main reasons we've developed a cheat sheet for this purposed called, Formulas For Your Business Relationships.

We've discussed at length that determining the success and impact of your relationships isn't an easy task, but we're here to help to make sure you know exactly what to do. These formulas are the right questions to ask, so that you are on the path to figuring out the answer that will help your business.

Maybe you won't have the same top of the world feeling I felt knowing how to use a multiplication table, but this cheat sheet with formulas for your business relationships can help determine the success of your relationships.

Here are some of the questions we'll answer in this cheat sheet:

    • How do you calculate open rate?

    • What is the formula to figure out your active contacts percentage?

    • How can you figure out the compounding interest for your business relationships?

    • What is the right formula to figure out the response rate?

    • And several more!