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Small Business Recommendations to Get You Moving
by Rachelle Wilber Wed, 08/03/2016 - 13:00
Starting your own business may seem like a scary proposition. So many new small businesses fail after all. However, if you are successful, you could make millions as well as create something great as your legacy to pass onto your children. While the risks are high, there are certain things you can do to improve your chances of success. Below are a few small business recommendations to get you moving.
Plan for the Future Now
While you certainly need a solid business plan to launch a successful company, you should do more than consider your immediate needs as a business. You should also be planning for the future. Create a frame work for five, ten and even fifteen years into the future. Consider where you want to take your company in regards to expansion in the future so you have a basic framework to build off from if you do find success.
Obtain IT Support for Your Business
If you want to build a successful company, computers and computer networks need to be at the center of your operations. They are needed to sell products to customers, record sales information for accounting purposes, record data for future analysis, and much more. Some companies, like Bedrock IT, offer Ottawa managed services for businesses. Make sure you have IT support either in-house or outsourced that can meet your company’s needs.
Focus on Market Research
Market research isn’t only something that is performed for huge national chains. Small businesses can greatly benefit from market research as well. Determine who your core customer is and his and her preferences in regards to your products. Also determine the preferences of the local community overall and how you could expand into new demographics. If you are successful at tailoring your products or services to the customers most likely to supply you with business, you may find business success decades into the future.
Leverage Social Media and the Internet
Social media and the internet should not be neglected by any serious small business owner. Social media, for one, allows you develop a direct rapport with your customers. They can provide you with very direct and valuable feedback. The internet also needs to be leveraged in regards to advertising. If your small business is not listed on websites like Google Maps or Trip Advisor, many potential customers will never find you.
While running a small business is a risk, you can hedge your bets by making the right choices and taking advantage of every opportunity you can to fine tune your company. If you do and plan properly for the future, you could start the next big national or even international brand.
About the author
Rachelle Wilber is a freelance writer living in the San Diego, California area. She graduated from San Diego State University with her Bachelor's Degree in Journalism and Media Studies. She tries to find an interest in all topics and themes, which prompts her writing.
When she isn't on her porch writing in the sun, you can find her shopping, at the beach, or at the gym. Follow her on Twitter and