Grow a Successful Small Business – 10 Tips for a better Business

How to GROW your Small Business to make more money and have a better life

Most Business Owners want to grow a successful small business. But the path to success has many obstacles – in fact 8 out of 10 businesses will ultimately FAIL.

If you want your business to survive the trend follow these 10 tips for small business success!

1. Just have ONE CAPTAINsmall business development

Decide who’s really ultimately in charge because “shared responsibility is no responsibility”.

Small business development relies on strong, decisive leadership.

Work out who is responsible for what.

2. Create and Communicate More ORGANISATIONAL CLARITY

Be really clear about the roles and responsibilities within your company and articulate your vision. Start by creating an Org Chart, Job Description, Vision, Mission and Values.

3. FOCUS

Focus on Just ONE Challenge at a time. Its really important to focus on the direction of your business, with special attention given to the FINANCIAL side of the business. Make a Plan and Prioritise. Try Liveplan

4. PLAN AHEAD (Remember the 6 P’s)

Prior preparation prevents a pretty poor performance!

5. Develop  more SYSTEMS

‘Systemize the routine; humanize the exception’ – FedEx founder Fred Smith.

Have a look at Waywedo – a systemising program

6. PRACTICE & IMPROVE

small business development melbourne
Grow a Successful Small Business

Make sure you offer cutting-edge customer service.

Aim for continuous improvement. Survey people and ask for their ideas.

7. THINK DIFFERENT

Spend more time thinking about various ways to be different, innovative, creative and exclusive.

8. AVOID DELAY – Don’t Pretend

Learn to take action right now! Implement, try and fail and try again. just Do it!

9. Go the EXTRA MILE

Build great rapport and long term relationships by doing that little bit extra.

10. Remember to PUT YOUR PRICES UP

“If your sales volume is going up, put UP your prices,

If your sales volume is going down, improve your customer service and marketing”

 

IF YOU WANT TO GROW A SUCCESSFUL SMALL BUSINESS AND IMPLEMENT THESE IDEAS – GET YOURSELF A BUSINESS COACH

 

ABOUT THE BLOG AUTHOR – David Staughton CSP

BEST Business Speaker Melbourne AustraliaDavid Staughton is an Award-winning Certified Speaking Professional (CSP), past board member of Professional Speakers Australia and advisor to a large Australian speakers bureau.

David is also a successful serial entrepreneur and an expert on Reinventing Smaller Businesses for the Future.

 

 

 

Dave’s most popular small business TOPICS include:

  • Finding Business Opportunities
  • Living a Better Life
  • Building your Loyal “A Team”
  • Making More All Year Round
  • Find the Hidden Value in your Business

If you would like to see more NEW BLOGS for growing your business or more information about the speaking & conference industry please sign up to the e-newsletter.

You can also download some of the free business e-books available on this website.

If you know or have suggestions for this blog please call David on 0408375100 or contact us

Want more advice? Contact David Staughton today !

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