Starting your own small business entails a myriad of details, including writing your business plan, securing financing, registering for state and local taxes, getting a tax identification number, obtaining business licenses and permits, mastering cash flow statements, and more. Once you take all of the necessary, incremental “small” steps to get your business off the ground, it’s time to shift gears and DREAM BIG!
- Congratulations! You are a dreamer and visionary who took an idea and made it a reality. Since you are exceptional, you want your business to be exceptional, too. Once your business is established, keep dreaming up new strategies to make it more attractive and valuable to your clientele. An easy way to engage your clients or customers and gauge their needs is to establish a social media platform. Place a call to action, or post survey questions to look for new ways to serve them.
- Build a Power Team to help you take your business to the next level. Conduct due diligence and recruit people who have the self-motivating, hungry, entrepreneurial personality similar to your own. Ideally, try for a mix of seasoned professionals you know are driven, experienced and can offer sound advice in times of uncertainty, along with freshly minted college grads bubbling with fresh ideas and the stamina and motivation to work hard and get ahead.
- Delegate to free yourself up to take on greater challenges. When you are running a business, avoid falling into the trap of being a “do-it-yourselfer.” After all, you’ve “done it yourself” by establishing a business, which is no easy task. Delegate specific, integral tasks to the members of the Power Team you assembled, and hold weekly staff meetings where they report on their specific areas. Be sure to keep yourself apprised of the goings-on in your business, to be sure, but free yourself to take on greater and more exciting challenges that will enable you to DREAM BIG and take your business to the next level.
Biz2Credit can guide you every step of the way from getting your business started to taking it to the next level for increased success. Contact us at (800) 200-5678, or check us out online at Biz2Credit.