By Valrie Grant
Entrepreneur, Managing Director, GeoTechVision
You are one of the bold ones who have started a small business and now you have a lot on the line, all your savings, expectations, and the fact that you suddenly realize that starting the business may have been the easiest part. It is often much harder to run a small business successfully. This shouldn’t stop small business owners from being optimistic about growing and ultimately running a successful business. Running a small business successfully often starts at the planning stage when you are deciding what product or service you will sell, where you will locate the business, etc. It doesn’t stop there, however, as everything from your choice of employees, your customer service policy, the systems you put in place, your accounting practices can influence how successful your business really is.
There are several small regional and local businesses that are successful. How can budding entrepreneurs and small businesses follow their example? Achieving success in business will not happen by chance, you will need to take deliberate steps. Below are some strategies to