10 Things Every Small Business Needs To Do

Don’t you wish you have all the answers right in front of you for starting a small business? Well, we don’t have ALL the answers, but we do have a few. Here are some great tip and tools into starting a successful small business. Check out all the details and resources here.

  1. You need to manage your cash.
  2. You need to develop a data-based culture.
  3. You need to engage in Lean Planning.
    • Develop a plan that is realistic and you can stick to on a ┬áday to day basis.
  4. You need to understand your margins on all your products and services.
  5. You need to have a strategy for recruiting and retaining talent.
    • Every employee represents your Company. Who you hire matters, choose wisely!
  6. You need to listen online every day.
  7. You need to engage in marketing that gives you ROI.
  8. You need to talk to your customers.
    • The best what to learn what your customers want and need is to simply talk to them and ask.
  9. You need to know your competitors.
  10. You need to have a higher purpose.
    • Beyond money, what is your business doing for the greater good?