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Posts Tagged ‘small business’
Tips for managing your small business to make it more profitable.
One common trait in small business owners/executives is that they are not afraid to get their hands dirty. If there […]
And while it’s tough to imagine your venture ever going south, it’s well worth it to account for rough times. If you’re lucky, your business will thrive and grow without a hitch. But if you run into some trouble along the way, you’ll be glad you made a back-up plan.
You know those posts that tell you the traits of successful people? This is isn’t one of those posts. Often what is left out is the work and habits successful small business owners use to create their success. So, when you ask yourself, “what am I going to do?”, remember they had to do the work of finding what works for them. Becoming CEO of your small business means finding your “right” habits.
This may come of as a surprise, but I’m NOT about to discuss using Excel for budgeting, estimating rates or any other stuff related to your finances as a freelancer. I think that you’ve got that part pretty figured out. This post, therefore, is going to be a little different. I promise to make the list much less obvious and also really handy at the same time.
Think about the importance of your online reputation and more specifically, is it really what it should be? If the answer is no on both ends, then you definitely have some work to do moving forward.
Planning ahead by setting up any emergency arrangements (charging up electronic devices, food, water, sandbags, etc.) is important for the duration of the severe event. However, the recovery period is where you see if your risk management plan will keep your small business from elimination.
When you decide to hire a new employee you can either decide to go it alone and hope you make the right series of decisions or you can review hiring practices that have proven effective over time. Let’s face it, in this new, emerging economy it is becoming more important to make sure that we are hiring smarter.
In order to make 2012 a profitable year, there are some things that small business owners can do to help assist their companies in starting off on the right foot.