Small business success

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Avatar for queengg
3 years ago

You may be thinking about developing a small business or already have one and I'm sure you realize that it's very challenging to get your business out there.

This challenge starts and ends with you. You must put in the work for he results you want to reap, and I'm here to tell you exactly how.

1- Social Media is a very powerful advertising tool
I am the owner of my very own small business, where I sell cosmetic bags, clutch purses, wallets and even pencil cases. Though my business is still very young, I've been able to rack up thousands of dollars in sales (in my local currency) in just about a month.
WHY?
Social Media!

Social networking sites like, Facebook, Twitter and LinkedIn helps you to connect with potential customers and widen your business' horizon.
Not only are you able to share information about your products, it offers you the chance to listen to ideas of those potential clients.
For example; products that they may want to see you launch next.
Remember, feedback is critical.

2- Research and Analyze your competition

A business turns to be successful only if it runs on some finely grinned facts and figures. Deep analysis of your competition plays an integral role in this process. Embarking on these two aspects would allow you to make feasible judgments for your business, since you would gain information about the strength you require to establish your brand in the market and adequately plan, so as to avoid the chances of business failure.

3- Put in as much work that you know is required.
This is key to running any successful business. You can't choose to get up one day and not do anything, knowing very well, the successful launch of a new product, solely depends on your work regime.
I'm not saying your life has to now be completely entangled in the success of your business, but you must work with a schedule and stick to it.
The success of your business relies on your reliability.

4- Endeavour to always give, quality service.

If you want to keep a client for years on years to come, quality service is one of the best things you can offer them.
This could give the chance to keep them, despite their disliking of a particular product or products.
People value your time, and they surely appreciate respect and professional customer service. If not your product, your quality service can surely 'win-over' the hearts of many customers and potential customers.

5- Hire your weaknesses

A small business consists of a team of limited dedicated professionals, having different skill sets of all the corners to tackle most of the business requirements. Small businesses, sometimes, compromise in some crucial areas since they can't hire specific individuals due to the lack of budget. To get your business positioned to the top, please don't bear with your inefficient area. Rush into hiring experienced professional(s) so that all parts of your business fire with the same intensity.

6- Don't give up

Running a successful business is not a child's play since it requires a lot of guts, courage, and risk-taking capabilities. It, sometimes, shakes your ambitions when going through some rough patches, and you need to have the burning desires within you to keep it alive.
All I can say to you is, set your mind on the prospective outcomes of the successful launch of your business. Even when challenges come by, the end result alone should encourage you to strive for greatness and persevere to the end.

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3 years ago

Comments

Yes its truely true my friend coz that is also my knowledge about it its really hard to have thst small business turns out to success. It has many trials first before you succeed

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3 years ago