There are so many great resources with tips and tricks for running your small business, but which one is right for you? While we can’t offer you a magic elixir, we can help by narrowing your research. “15 Small Business Management Tips That’ll save you 40 Headaches Everyday” published by buildfire really resonated with us! Read the full article here, or check out our top 6 tips below.
- Schedule time for business strategy and growth brainstorms. If you are a small team or one-person show, you might get bogged down with the day-to-day. Remember to take a step back and make sure you are on track with your business goals and objectives.
- Continue learning- from both formal and informal avenues. It may seem expensive to take an online course but think of the time saved from learning the proper way, and the earning potential from avoiding mistakes or trial and error periods.
- Invest in Marketing. Do your research, find your audience, and make sure they see you. Marketing does not have to be expensive, but some investment will go a long way towards making your business easy to find.
- Prioritize your tasks and don’t over-schedule yourself. Find a productivity technique that works for you. This article recommends the Pomodoro Technique. Our team likes the Eisenhower Matrix.
- Create an official business entity- most likely an LLC. It’ll provide you legal protection – just in case!
- Use small-scale accounting software, and have an accountant in your back pocket. Yes, you could manage your accounting on your own, but think of this as a timesaver investment. With your new accounting platform, you won’t need an accountant on staff, but having access to someone for financial advice is always a good idea.
