small business success code
1. Most of small businesses is likely to be the first year of losses, you are no exception. So you should make full preparations of this situation, there are sufficient funds to maintain. The majority of business failures is due to lack of funds. If possible, small businesses will not resign from the early beginning of your work.
2. For the success of its business people want to provide a product or service. The world is changing, people's demand is changing, you should be with the changes in the business. Pay attention to your competitive opponent, if they can think of a unique way to grab customers, you can not do nothing.
3. A good idea if we do not implement as soon as possible to zero. If you say so, others may reach the market ahead of you.
4. Business success and your love for this line is directly related. Do not just do it for the money. Otherwise, you will very painful, there will be no passion, there will not be creative.
5. A good friend or family member is not necessarily a good business partner. Although people familiar with the work is also good, but the feelings just not sufficient to enable the companies to develop good. Partners must be in terms of skills, duties on each other, can play a few good things the greatest advantage.
6. Even the best of friends and relatives, a comprehensive shareholders agreement is indispensable. This is usually neglected, it was felt that one of us a good talk. But the real investment to occur, withdrawal, trading terms, the company expansion, the company losses or restructuring and other major stakeholders of the affairs, the differences might make the company a standstill. These important provisions must be at the beginning we say good-written signature.
7. The business plan is essential, but also to review on a regular basis, otherwise it is a pile of waste paper. Business plans can be modified with changes in business and at the same time the company constantly compare the difference between progress and plans, find out the reasons, and short-term and long-term future is expected.
8. As long as the business license for your own wages. Do not earned every penny is used in re-investment. Because your business is not necessarily always good, the event will have nothing, at least you are not won nothing. Furthermore, in order to encourage your own, you also should be given their own fat salaries.
9. The lack of expert advice, sooner or later cause problems. You may be legal, insurance, tax the wake of a decision prior to seeking advice.
10. You are more familiar with your bank, you have the opportunity to be more exceptional service. Do not switch to the new bank. When you do need help, be able to immediately call your bank to find familiar with the business manager, would be very useful.
11. Successful entrepreneur is difficult family business two Gu, you have to make choices and sacrifices. You may not have the warmth of family life, must be psychologically prepared.
12. There is no marketing, business is doomed to fail. Do not put all the time used to cope with a major customer. More than half of the energy to take in opening up the market.
13. You never know your customer who is next, so everyone as a potential customer.
14. Take the time to check a customer's credit is worth it to avoid future headaches.
15. Penny a cargo, employees is also true. Please you can afford the best employees. Is also a partner. Partner must be within the framework of his professional affairs expert than you. Your employees is to play their own potential, so you can not do a thing.
16.branch data can not be the province of kung fu. Perhaps when the need.
17. Bargaining. This will you save money. As a business owner, whether it is to get products, delivery, obtain services, few people were willing to discuss.
