With being in business for over 10 years, I have definitely gone through my fair share of ups and downs that come with being a small business owner. Here are 5 of my biggest business tips to help other business owners who are just starting out or just need a reminder to help keep them going!
Business Tips: 1
Remember what you’re doing this for: They’ll be many tough times and you’ll need to remember what and who you’re doing this for. Create a motivational board with pictures of your kids or whatever is motivating you to kickstart your own business and look at it each time you’re in doubt.
Business Tips: 2
Do a business plan: When you have a family to support, you need to work twice as hard. So make sure you have a solid business plan, believe in your idea, and keep on top of your finances.
Business Tips: 3
Use your friends: We forget that some of our friends are experts in their own field. My best friend became my HR adviser whilst another friend helped out with marketing. They both gave me their advice for free when I started before becoming contractors.
Business Tips: 4
Build contacts and a strong support network: When I started in business, I knew of some business owners but didn’t know of any other mums with a business of the same scale. I advise young mothers especially to network through conferences, forums or workshops to get some useful tips but also build contacts and new friends. Launching a business can be a lonely experience.
Business Tips: 5
Find the right team and trust them: If you want to grow your business, you’ll need to learn to delegate. Spend some money in training your staff and make sure you trust your team.