Controlling And Maintaining A Small Business

Small Business Coaching Tip:

Never give up. It may be very frustrating at times and may feel like its only gonna get worse if you keep at it. But that is never the case you have to be strong and keep at what your ever your dreams maybe in this article I give just a few things that might help you out or things you may have already tried but trust me things will only get better if you give these things a try!

More then one supplier always a plus!

What happens if the supplier you have now starts asking for money up front? Or a hugh hike in prices? or just plan drops of the face of the earth and your in a crazy rush trying to find a new supplier..always have a few supplier and keep updated with them about everything from cost,shipping,and even change of inventory.

A lot of the times u might be to busy with other things in the running of your business that u might forget about having more options of supplier you could do a lot of things to help this... Communicate with other business owners, especially those in related but non-competitive fields to your own. You can set up joint ventures with them or just have brain storming sessions for new ideas for your businesses. This is so important because it also helps you realise that you're not the only business facing certain challenges.Always have backup suppliers. This can be difficult in some markets but if you have more than one product or service that you offer your clients, then you won't be stuck with only one supplier.

How to get your name out there at low or no cost!

At the time of starting out, you have limited resources to market a small business and its services. You certainly do not have an unlimited budget for advertising. So what is it that you, as a small business owner, can do? How can you get the word out about your services? The answer is simple - think word-of-mouth and networking. When you wish to market a small business, remember that nothing works better than spreading the message through an established network!

1. Talk to your friends and relatives about your business. They will surely help you get the word out for you. maybe even give them cards to hand out if they are ever in a conversation that your expertise comes up!

2. Offer your service or product for sale at charity events and donate half the proceeds to the cause.

3. * big one*Ask for referrals from happy customers. Provide an incentive, like a 10% discount or a freebie, for referrals.

4. Write articles for web sites. Don't peddle your product or service in the article, but write knowledgeably about your area of expertise. Remember, the content is the king here. Also include a short bio with your name, your business' name and a tag line at the end of the article.

5. Take part in chats and visit message boards on the Internet. Make friends in cyberspace. Once again, don't push your product or service mercilessly. Go out of your way to help people and answer their questions. In return, you will soon be asked what type of work you do.

I hope some of this helps you as it has for me!

Brandon Bakerhttp://managing-a-small-buisness.blogspot.com/ Article Source: http://EzineArticles.com/?expert=Brandon_Baker