Difference between revisions of "Starting and Growing a Small Business"
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If you are failing to stick to your goals, consider seeking professional assistance. | If you are failing to stick to your goals, consider seeking professional assistance. | ||
==Related Best Practices== | ==Related Best Practices== | ||
*[[Startup CEO Best Practices]] | |||
*[[Startup and Entrepreneur Resources]] | |||
*[[Startup Funding Sources]] | |||
*[[Successful Entrepreneur Best Practices]] | |||
*[[Why Companies Fail]] | |||
==Resources== | ==Resources== | ||
Latest revision as of 08:58, 11 April 2016
Here are some general methods on starting and growing a small business
- Deeply understand your business, it's strength, it's weaknesses, it's potential for sustainable growth.
- Analyse and understand you market, your competition - what is missing, what makes other people successful.
- Establish a long term vision for your organisation - what you want to achieve.
- Identify different aspects of your business which you can improve.
- Group them together and prioritise which groups you have the resources to change.
- Review how you market yourself, it's strengths and weakness. Identify marketing opportunities you have the resources to achieve
- Based off the above, establish SMART goals (for the next 6 - 18 months), which are challenging but achievable.
- Review your progress regularly.
- Reward yourself when you achieve a goal.
- Review your goals and redo the above every 6 months.
If you are failing to stick to your goals, consider seeking professional assistance.
Related Best Practices
- Startup CEO Best Practices
- Startup and Entrepreneur Resources
- Startup Funding Sources
- Successful Entrepreneur Best Practices
- Why Companies Fail
Resources
Author
The author of this page is Rohan Davies
Rohan Davies is the Co-Founder of Teres Development and a leadership development expert. He is a consultant working with both business and private clients to prepare, develop and support leaders in the contemporary business environment.