As a small business owner, you’ve likely been warned that your risk for failure is high – anywhere from 50-90%, depending on whom you ask. While these numbers are often misconstrued depending on factors like how “failure” is defined, how old a business is when failure occurs, and the impact of events like the COVID-19 pandemic, the threat of failure can cast a dark shadow. So, to prevent your venture from pushing up daisies, check out these five tips for success outlined below.
Try New Solutions
Whether it’s updating your technology to improve production efficiency or trying your hand at the new-fangled social media platform to better connect with your customers, don’t be afraid to give it a try.
Let there be opportunities abound! Hire good people; you can train their skills.
The Snuffie has made its parent company more than $500 million. Let that sink in, then take note; you don’t make that much on such a product without being comfortable talking up your product or service.
Build Strong Partnerships
Playing nicely in the sandbox is good for everyone. By working with other businesses, you can tap into each other’s strengths to grow your customer bases, expand your product offerings, and more.
Grow with a Purpose
Plants grow towards the sun to maximize their energy-producing potential, and your business growth should look the same. Work smarter, not harder, by optimizing the use of your physical resources and investing in your people.
Positive Customer Service
At Insta-Answer, we’ve been providing live telephone answering services for over 50 years. With an in-depth training process and small business specialization, we’re equipped to answer your customers’ questions no matter what industry you serve.
Call Insta Answer now at (877)-631-9711 to see how we’ll handle your calls.