How can I grow and improve my small business?
|
11-13-2012, 06:07 AM
Post: #24
|
|||
|
|||
Here are some ways of improvement
You have mentioned yours is a wireless company,a technology based business.Thus,you ought to grow it to earn higher profits 1.Add some value to your product 2.Borrow money from a bank to expand your business(but not that much since it can lead to insolvency)Make sure hen you borrow you have planned how you will pay it back 3.Offer promotions to increase sales or advertise.You would have probably more rivals then others.Try to focus on quality not quantity.This is the main benefit of a small firm.If you keep on personally satisfying your customers,your business will gain brand image. 5.Keep a check on your competitors,a slight one just to make sure if you arent missing anything.Otherwise focus more and more on your business. 4.Grow internally first,check if your employees are happy with the current working conditions. 5.Try to cut costs and increase profits. Running a small business isn't that complicated.Besides it can help you in the current economic crisis.You must be enjoying co-ordination,independence,Quick decision making and satisfied consumers(idk abut tht) if you are a typical small firm.Large firms won't be enjoying these benefits as they are BIG and also owing to the economic crisis so you have an advantage here. |
|||
« Next Oldest | Next Newest »
|
Messages In This Thread |
How can I grow and improve my small business? - Verizon Small Business Center - 11-13-2012, 05:59 AM
[] - faintwheel687 - 11-13-2012, 06:07 AM
[] - ♥B@BY~GURL♥ - 11-13-2012, 06:07 AM
[] - **Peanut** - 11-13-2012, 06:07 AM
[] - Net Advisor - 11-13-2012, 06:07 AM
[] - Meow&Rocco - 11-13-2012, 06:07 AM
[] - michaelhenryteddy - 11-13-2012, 06:07 AM
[] - LT*KUSH*21 - 11-13-2012, 06:07 AM
[] - ayeshakabir - 11-13-2012, 06:07 AM
[] - a_phantoms_rose - 11-13-2012, 06:07 AM
[] - screechingplant816 - 11-13-2012, 06:07 AM
[] - MEXICAN-MAFIA13 - 11-13-2012, 06:07 AM
[] - Brown Eyes - 11-13-2012 06:07 AM
[] - SportTonight - 11-13-2012, 06:07 AM
[] - ihateidiots - 11-13-2012, 06:07 AM
[] - Vagabondious Rex. - 11-13-2012, 06:07 AM
[] - Prince Charming - 11-13-2012, 06:07 AM
[] - Karen Elizabeth - 11-13-2012, 06:07 AM
[] - Amir Ali Tayyab - 11-13-2012, 06:07 AM
|
User(s) browsing this thread: 1 Guest(s)