1. Market Research. Market research is the first step to starting a business, it is the last step, and it is an ongoing process. Market research tells you not only if you have a viable business idea, but it also keeps you in touch with your prospects and customers and helps you build your business so that it can continue to grow.
2. Master of the Internet. The internet isn't just a place to do business, though your business will definitely profit with an online presence. The internet is a valuable research tool, communication tool, payment tool, marketing tool and so much more. Master the internet and you will find numerous time saving, money saving, business building tools, and resources – guaranteed.
3. Seek outside Advice. You can't know everything and don't expect yourself too. You certainly have specialized knowledge and that is your strength. Consult with others about their expert advice to build your business.
4. Follow your heart and passion it is vitally important that you enjoy what you do. Why? Because your passion and enthusiasm will not only carry you through the tough times, it'll make it easier for you to be motivated to build a successful business and maybe most importantly your enthusiasm will be recognized and rewarded by your customers.
5. Develop a Marketing Mindset. Marketing is one of the areas where many business owners feel unsure of themselves. This uncertainty can lead to ineffective marketing or complete absence. Business Planning & Support understand that marketing is the fuel that drives their business and that marketing is merely an organized means of communicating with prospects and customers, then a marketing mindset will come naturally.
6. Make technology your friend. Technology can save hours of your valuable time every single day and when you're running a business, those hours are worth money – lots and lots of money. Technology can help business owners automate purchasing, shipping, communicating with customers, evaluating data, testing marketing, and so much more.
7. Embrace the power of partnerships. Partnerships can enable business owners to leverage the strengths of others, they enable people to create unique and beneficial businesses, and they can save business owners time and money.
8. Learn the art of delegation. When you own a small business you're the CEO, the CFO, the administrative assistant, the customer service team, the research and development, the sales and marketing, the bookkeeper and everything else.
9. be flexible and open to ideas. There are opportunities presented to us every single day. Being able to recognize ideas and opportunities is the key to sustainability in business. If you the same product or service ten years from now, chances is your competition will be light-years ahead of you. Innovation and change will keep your business competitive.