100 likes | 113 Views
Having a small business? Do things a little differently to get more out of your time and resources: Is it possible to have a small business and prosper? Yes. It just requires some adaptation to modern realities. Being an owner of a small business is a rather interesting experience, but a challenging one as well. The challenges include.
E N D
How to run a small business and withstand in current world?
Having a small business? Do things a little differently to get more out of your time and resources: Is it possible to have a small business and prosper? Yes. It just requires some adaptation to modern realities. Being an owner of a small business is a rather interesting experience, but a challenging one as well. The challenges include, ● ● ● The development of economics, Corporations, and Stiff competition.
So, merely providing quality services or selling goods isn’t enough, and every small business owner should work on developing a marketing strategy. Your business plan is a living document.- follow ● Successful businesses invariably have a business plan in place, and that plan is a living document. They follow it. Being a small business owner, you can easily be caught up in the excitement of the daily grind and easily get distracted from the bigger picture. Stay focused on the essential strategic course. Without a business plan, you have no yardstick by which to measure your performance. Without a proper yardstick against which you measure your performance, financial ruin could sneak up on you. ● ● ●
Are you feeling that you are doing everything yourself but getting nowhere. Or perhaps you are constantly overwhelmed by how much there is to do in your business? ● ● ● ● It all starts with a mindset, once you get out of your own way, you will be unstoppable! Getting out of your own way by believing you deserve success is key to progress. Make sure to take the time to celebrate the little wins you have in your business. Focus on the outcome of finding a solution, instead of focusing on the difficulty of the challenge.
Arokia IT believes in bringing value and growth to our customer’s through innovation and expertise. We believe in becoming our client’s IT partner by thinking in our customer’s shoes. We understand our customer’s business and pain points and provide solutions that brings growth and efficiency.
Goal Setting: ● ● ● Setting goals that truly align with who you are and what you want out of life. Then make your goals crystal clear and reflect on what they are regularly. When you have a clear goal and it’s something you want to achieve ASAP it can and will become your reality. Once you are clear on what you want, you can create the most direct path to get there. ●
Work Smarter Not Harder: ● ● ● Having simple strategies for growth is key! Create a simple strategy to get you to your goals so you can stop hustling! Your simple strategies are like your road map to your destination.
Hire a small but efficient team: A small business normally can’t afford to hire a big team. You also can’t afford employees who don’t care about your business and are doing their best to make it succeed. How do you find these people and keep them? Compensating Without Money-to get good people, they need to feel valued. That compensation can come in many forms, like, ● ● ● ● ● Autonomy to do their job, Listening to and trying their ideas, And leniency towards time off for things like vacation, Doctor’s appointments, and Big events.
Small business sales and marketing often involve paying for one-off events and ads. They might help you earn new business, but the sales stop flowing soon after you stop paying. E.g., you could sponsor an event that would get your name out there, start a few conversations, and maybe bring in a few new paying accounts. Then you’d sponsor the same event next year, and maybe a few other events in between, to keep new accounts coming in. Or, you could spend 1/10th of a sponsor fee to create a customer testimonial video that you can circulate for years, bringing in dozens of new accounts. Which would you rather invest in? Highlighting the unique factors you offer to differentiate yourself from competitors: Stand out visually: