How to have a successful Small Business

in #business3 years ago

As a fledgling business owner on a restricted budget you have to multi-task,
juggle, prioritize and balance. Unlike corporations, you don't have a
specialized professional team to help you manage, allowing you to focus on
more critical business strategies.
Neither do you have the capital to afford such luxuries. At best you have
about twenty employees that you need to train, supervise, motivate,
schedule and pay.
You're the sole manager, running your business on a shoe-string budget
with only 24 hours a day.
Given such stressful financial and time constraints, how can you successfully
maintain a balance between excellence, efficiency, and improving
productivity all on your own?
The answer? Think big.
Manage your business like the big corporations do. Corporations rely on
efficient organization that is cost-effective. Yes, even big companies have
budget (granted big, but not unlimited) constraints that warrant
resourcefulness.