Plan, plan, plan! You and your family's future are at stake.
So planning is crucial before starting your business.
No matter how time consuming or hard it seems, planning is never something that should be skipped or avoided!Your business plan should consider these following questions: 1.
Where will you locate your business, and why is it a good location? I would recommend a home or online business to cut costs of running your business.
My business expenses have been very low thankfully since I first started with my business.
My only cost was the initial investment which paid itself, and of course my time! 2.
What are the strengths and weaknesses of your business ideas, and what action can you take to eliminate or reduce the weak points? 3.
Who are your competitors, and how do you plan to compete against them? 4.
What makes your business unique, and how do you plan to expand your business? First impressions will make or break you! Be truthful and accurate from the start.
The last thing you want to do is to appear like a liar to your prospects, they will run away and never look back! You will not get a second chance to make a good first impression! This consists of courteous staff, a kind voice over the phone, and an overall positive and friendly attitude.
And if you are running a home business, this will be even harder because you are the representation and center of your business.
Every person you come in contact with is a potential client, so they will either be impressed or unhappy about the way you represent your business/product.
Think big! Many small businesses and startups wonder how they are going to compete with the "big guys" in their niche.
This brings doubt to the minds of many.
However, small businesses have advantages over big businesses.
This includes flexibility, ability to respond quicker, and the abilityto provide a personalized service.
These are perks to your clients that the big companies just cannot provide! Listen to your clients Listen and react to all of your clients needs.
Your clients or prospects need to feel that they are valuable to you, and after all, they ARE important because they will determine your success! When you gain your client's trust, they will recommend you to their friends and family, and they will also remain a loyal customer to you.
Personal recommendations are not only the least expensive form of advertising, but the most effective!
So planning is crucial before starting your business.
No matter how time consuming or hard it seems, planning is never something that should be skipped or avoided!Your business plan should consider these following questions: 1.
Where will you locate your business, and why is it a good location? I would recommend a home or online business to cut costs of running your business.
My business expenses have been very low thankfully since I first started with my business.
My only cost was the initial investment which paid itself, and of course my time! 2.
What are the strengths and weaknesses of your business ideas, and what action can you take to eliminate or reduce the weak points? 3.
Who are your competitors, and how do you plan to compete against them? 4.
What makes your business unique, and how do you plan to expand your business? First impressions will make or break you! Be truthful and accurate from the start.
The last thing you want to do is to appear like a liar to your prospects, they will run away and never look back! You will not get a second chance to make a good first impression! This consists of courteous staff, a kind voice over the phone, and an overall positive and friendly attitude.
And if you are running a home business, this will be even harder because you are the representation and center of your business.
Every person you come in contact with is a potential client, so they will either be impressed or unhappy about the way you represent your business/product.
Think big! Many small businesses and startups wonder how they are going to compete with the "big guys" in their niche.
This brings doubt to the minds of many.
However, small businesses have advantages over big businesses.
This includes flexibility, ability to respond quicker, and the abilityto provide a personalized service.
These are perks to your clients that the big companies just cannot provide! Listen to your clients Listen and react to all of your clients needs.
Your clients or prospects need to feel that they are valuable to you, and after all, they ARE important because they will determine your success! When you gain your client's trust, they will recommend you to their friends and family, and they will also remain a loyal customer to you.
Personal recommendations are not only the least expensive form of advertising, but the most effective!
SHARE
