The Travails Of The Pros And Cons Of A Small Business Credit Card

For small business credit card getting a sense out of a deal is, in some instances, the most difficult thing to do. This is because most people could not instantly figure out the benefits they can derive from obtaining it.

Take for example the case of small business credit card. Some people contend that business credit cards are crucial in the growth of a business, while other s contend that it is just one way of losing their investments.

But whatever the point there is, only one this is certain, it is still a credit card and just like any financial decisions, extensive consideration is a must.

So, for those who want to know whether getting a small business credit card will be good for their company, here are some of the pros and cons to be considered first.

PROS

1. It is efficient and provides management on the companys financial charges.

With the small business credit card, most entrepreneurs can manipulate their costs and payments through separate charges consolidation. This means that the company will only have one billing statement with details on the employees expenses instead of having various statements and invoices.

2. small business credit card provide their clients with the opportunity to curb overspending in their employees.

Because the business owners are given the right to preset the credit limit of their employees, they are able to impede any probable overspending of their employees instead. This, in turn, poses great discipline among the people.

The statements that go to the manager or to the financial administrator are in full details of all the financial transactions incurred at a specific time. Hence, the company can track down the kind of spending habits of their employees.

CONS

1. It is still a credit card.

This means that even if it is a companys property, employees will still have the tendency to over spend or splurge into more cashless shopping. This can be very risky especially to business management who is primarily the one responsible for the accounts.

2. Any errors or faults can damage credit ratings.

If credit history is very important to common individuals, it has a greater impact on businesses. So, if something goes wrong with their business credit card, the effect is mostly imposed on the business rather on the employee.

So, whats the bottom line here? As compared to other types of credit, it is always best to monitor the spending habits. Credit cards can really be feasible where it serve its purpose, but can also do more harm than good if misused and taken for granted.

Ten Ways Your Small Business Can Benefit From a Virtual Assistant

Hiring a Virtual Assistant (VA) can be one of the smartest business moves you will ever make. A good VA will be able to assist you in handling your administrative workload, allowing you more time to focus on growing your business and generating revenue. Here are just ten of many ways that a Virtual Assistant can provide much-needed support to your small business:

1. General Administrative Support
If you ever wished you had an administrative assistant on call, a Virtual Assistant may be the perfect solution for you! VAs can provide general administrative services such as word processing, data entry, spreadsheet and database maintenance, desktop publishing- the list goes on and on. In fact, if you could give it to an administrative assistant, you can give it to a Virtual Assistant!

2. Invoicing
A Virtual Assistant can facilitate your invoicing, ensuring that your clients receive timely, accurate invoices. By partnering with a VA to prepare your invoices, you can gain a tremendous amount of time each month to focus on other aspects of your business that require your specialized attention.

3. Email and Voicemail Management
If you get large numbers of emails or voicemails, a Virtual Assistant can manage your inboxes. They can sort through the spam and reply to messages that dont require your attention, leaving you with fewer messages to wade through everyday. A VA can also provide you with a consolidated report of voicemail messages, allowing you to return a number of important phone calls from a single report.

4. Online Marketing Management
A Virtual Assistant can assist you with your online marketing plan. They can manage your pay-per-click campaigns, post articles, submit your website to search engines, add your website to online directories, create banner ads, prepare and send email newsletters, etc. Since VAs make their livings online, many of them keep abreast of the latest trends in online marketing.

5. Customer Response
Use a Virtual Assistants services to keep existing and potential customers happy and returning. A VA can effectively and efficiently handle customer questions and complaints in an appropriate manner. By providing your customers with a timely, helpful response, a VA can help you build a stronger relationship with your customers.

6. Event Planning
Nothing is better than a well-planned event. Enlisting the help of a Virtual Assistant in coordinating your seminars and company functions can take a tremendous amount of burden off your shoulders, allowing for stress-free coordination of your events. They can make arrangements for the location, speakers, catering, photography, etc- and notify the attendees, too.

7. Travel Arrangements
Whether your business requires you to travel extensively or occasionally, a Virtual Assistant can help coordinate and consolidate your travel plans. A VA can arrange your transportation, accommodations, in accordance with the meetings and events you will be attending. They can compile a detailed itinerary for your trip, ensuring that your travels are well-planned and hassle-free.

8. Internet Research
A Virtual Assistant can efficiently perform internet research, consolidating the information you seek and saving you both time and money. A VA can use their extensive research skills to your benefit, providing you with incredible value by investigating requested topics and providing the results in the desired format.

9. Calendar Management
Managing a busy schedule effectively doesnt happen by chance. Team with a Virtual Assistant to help you stay atop of important dates, appointments, contacts and events. They can help you stay organized and prepared each day, with minimal effort on your part, reminding you of obligations and events ahead of time.

10. Project Management
Large and small projects alike can be managed by a Virtual Assistant. A VA can keep your project on track by organizing and coordinating resources, objectives, deliverables, etc. They can relieve the everyday stress of project management while ensuring that deadlines are met and progress continues.

A Virtual Assistant can provide you with customized support solutions for your small business. By teaming with a Virtual Assistant, the unique needs of your business can be accommodated while reducing your workload and providing you more time to grow your business and achieve your financial and personal goals.

Small Business Computer Consulting: Additional Qualifications for the Sweet Spot

To find the ideal clientele for your small business computer consulting, you want to target small businesses by their number of PC’s, (10 to 50) as well as their revenue. Generally, companies that have anywhere from 1 million to 10 million in revenue are the sweet spot of small business computer consulting. In this article, you’ll learn why you should target this type of business. {Tip: Of course if you’re located in Canada, the UK, Australia, New Zealand, or any of the other more than 21 nations around the globe where our training has been adapted, be sure to convert this to your local currency. (See )}

Beware of the high end of this range
Once small businesses get to the high end of that revenue range, where they start having substantially more than 50 PCs, or substantially more than $10 million in annual sales, often the small business owners lean towards putting a real, salaried IT person on payroll instead of using a small business computer consulting professional. That’s when you start running into some tough competition. At this point, your client will add up your services invoices and try to figure out if they can do it cheaper or more efficiently in-house.

Look for clients that need a real server
Another important aspect is to find small business clients that are big enough to need a real dedicated server. Once small businesses need a real server, they need a ton of other professional services to go along with it. And it’s very unlikely they can handle it on their own, with just an internal guru. Bingo-you become their outsourced IT department!

Multiple locations are a bonus
Sometimes a sweet spot client has one location. A lot of times there’s a main office and some branch offices. The branch offices present a big opportunity for your small business computer consulting because there’s usually a HUGE need for sharing data in real time among employees in different locations.

The Bottom Line about Small Business Computer Consulting
In this article, you’ve been learned more about how to find the sweet spot in your small business computer consulting business.

Would you like to accept credit card small business payments at your company or Website? More and more entrepreneurs are taking this route on the road to riches as they learn how to grow their business. Entering the technology age is neither difficult nor expensive, but you have to learn how to navigate the system by following a series of key steps that can put you ahead of the competition.

Becoming eligible to accept credit card small business dealings is as simple as opening a merchant services account. You just have to find a financial broker, often a bank or credit union, who will underwrite your account to make it secure. Many financial institutions are searching for small business owners that they can help to get started in this lucrative process. Do an Internet search to find the top few with reputable names or backgrounds. Compare their prices, options, and terms before choosing the one that seems best able to serve your companys interests and help you grow. Then apply online or by telephone to get the ball rolling. In a very short time you could be accepting credit payments while building undreamed of profitability.

After opening a merchant account, you will need to purchase or lease the right equipment that will let you accept credit card small business payments at your company or Internet site. For a physical location, you can buy a credit card processor or perhaps an e-check or debit processor for a few hundred pounds. Of course, you will need to consider set-up fees, maintenance fees, and any supplies (like electricity or printing paper) to support this equipment. Working with your underwriter, the fees may cost just 25 cents per transaction or 2% overall. It pays to shop for the best deal that works within your company budget. A wireless credit processor works great for employees who deliver goods to residential or business customers. You also might want to invest in a pager or a digital system.

Experts believe the most lucrative step of a merchant account is to set up a company Website to accept credit card small business transactions. A well-designed site that offers clear-cut information about your company and its services will keep customers coming back and through word of mouth or search engines, bring others along as well. Find out how to register a domain name and find a host site. Then your online store will be open to customers all over the world 247, ensuring that sales and profits trickle in on a regular basis. It may take some time to get the word out via the Internet, but in a matter of months with a little bit of promotion you could see significant returns on your investment.

Dont let this excellent opportunity pass you buy. Find out more about how you can open a merchant services account, start accepting credit payments, and perhaps set up a business Website to make your presence known throughout cyberspace. Your income may multiply when you learn how to accept credit card small business payments.

Common Mistakes Small Businesses Make and How to Avoid Them

Unfortunately very few start up businesses make it beyond their 3rd year. Failure is usually down to a number of clearly identifiable mistakes, which if small business owners are aware of, can increase their chances of survival.

Here are the top 10 common mistakes which small businesses tend to make.

Lack of Market Research

When a budding entrepreneur comes up with an idea for a new business he assumes that because he would buy such a product or service then everyone else will. This may be the case for day-to-day necessities but for other items this is usually not so.

Its important that when you start up you carefully research the market to check that:

There is demand at a level which would lead to a sustainable business

People are prepared to pay the price required for you to make a decent profit

Undertaking market research may appear time consuming but the effort will pay off.

Poor Record Keeping

Some business people are not born administrators; they feel more comfortable getting out there and doing the business. Paperwork is too easy to ignore but can never be put off indefinitely.

Sales, purchases and other expenditure must be carefully documented, so you know whether you are making a profit or not. Invoices must be issued on time and chased up promptly if there is a delay in payment. Its all very well having the sales but poor record keeping can hold you back.

Having your paperwork in order will also save you time when it comes to your accountant doing your year-end books!

Insufficient Capital

When starting off its easy to decide what capital is required for fixtures and fittings, machinery and stock. What many new business owners forget about is the cash needed to fund day-to-day requirements, i.e. cash to pay expenses before your customers pay you. This is known as your working capital requirement.

Small businesses can fail because they have insufficient cash to start off to meet these immediate expenses. If you wish to survive make sure you set aside enough cash to meet all your needs for the first few months.

Ineffective Marketing Or None At All

You cannot afford to treat the cost of marketing as an unnecessary expense. A business with no marketing is like waving in the dark you know you are doing it but no one else does!

There are many ways to promote your business on a small budget; its just a case of being inventive and creative. What ever you do, dont assume that people will quickly know you are in business they wont, unless you tell them.

Ingoring Changes In The Market Place

As a small business owner its very easy to get immersed in your business and not see what is happening around you in the market place. Always keep your eyes and ears open to what the competition is doing and what your customers want. Dont get left behind.

Owners Attitude

Attitude is everything in business. Dont forget that the real boss in your business is the customer. Running a business may make you feel important but dont let this develop into an I am better than you attitude. Do this and you will quickly chase your customers away.

Spending On The Wrong Things

Being in business can be exciting, especially as the cash starts to roll in! However, dont be tempted to spend it on a new car, a house or just a good time. If you are to own a successful business then you have to keep some cash back to fund future growth. A business cannot grow without cash, so commit to spending business money on the business.

Dependent On A Small Number Of Customers

Dont fall into the trap of setting up a business just because one person says they will buy from you every week or month. Setting up and running a business, which is dependent on one customer, is not a recipe for success. What happens if, one month after you have spent all your cash to set up your business, that customer says he has changed his mind and has decided to buy elsewhere? Unless you can find other customers very quickly you are faced with closure.

Before embarking on a new venture make sure you have a sufficient number of customers such that if a few go elsewhere you can still continue trading.

Growing Too Quickly

Surprisingly, growing too quickly can be a problem. You have to be disciplined enough to only take on work you can handle. If you are tempted to accept too much you could end up disappointing not only the new client but also your existing ones.

Also, dont under-estimate the impact rapid growth can have your administrative burden. As I mentioned earlier, getting behind on the paperwork can have an equally damaging effect on your business.

Trying To Do Everything

Finally, the problem most small business owners have is the fact that everything falls on their plate. Inevitably this is how its likely to be in the beginning, when the limited budget means that staff are a luxury, but as the business grows be aware that you cannot continue to do all tasks. There will come a point when you become inefficient and not have enough time to complete everything in sufficient detail. Taking on an extra pair of hands will increase your costs but you will be surprised at how much time will be saved, allowing you to do what you do best getting the business in.

Take a look at each of the mistakes and make sure that you dont fall into these traps.

Benefits of Outsourcing Accounts Payable in small and lager Business

Every individual running a company wants to be free of encumber of paying money which they owe to anyone as soon as possible. Accounts payable accurately means the money which a company owes to sellers for products and services which have been bought from them on credit. If you are result it complicated to keep a follow of the amount of your accounts payable. This is just right way to contract with this condition.

When you are management a company, keeping track and managing of things like accounts payable, can become very difficult and wild. We provide Accounts Payable Services to clients all over the world. However this is a significant feature of any company process and has to done and done in time. Accounts payable outsourcing services are presented by many businesses which deal with finance and accounting outsourcing.

The accounts payable processes have important contact on the earnings of a company. Companies use up enormous amounts of money every year to process invoices, implement get order matching, address deficiency and respond to dealer inquiries. If the accounts payable system is not efficient, a company has to allow the additional cost of late payment consequence, missed discounts, reproduction payments and rewrite. With an enlarged focus on cost reduction and enhanced fiscal management, executive management teams are realizing the profit of a successful accounts payable process.

Accounts Payable outsourcing services at India are paying attention at convert our customers entire payment movement by successfully automating the processes of transaction management, documents management, elimination of duplication, exception resolution and disbursement-related services. Our Accounts Payable Outsourcing Services at India offer our worldwide customers the suppleness to outsource all or part of their accounts payable business purposes. Accounts payable solutions superior workflow and imaging technology, best practices, and high levels of superiority make certain that we process the clients Accounts Payable proficiently and exactly.

Accounts payable outsourcing has many advantages. One of the major advantages is that you can save enormous amounts of income through the outsourcing work. Work is outsourced generally to increasing countries where there is great quantity of manpower. This automatically means that your accounts payable outsourcing work will be handled by trained professionals at a very cheap rate. The profits which you will save in this approach the profit for your business.

Awareness and Mastery -Two Essential Keys To a Successful Small Business

At the heart of it, mastery is practice. Mastery is staying on the path.”
~ George Leonard
US pioneer in human potential

We often hear managers complaining that their employees arent productive, dont listen and just cant consistently get the job done. As a youth sports coach, I hear coaches with similar complaintsthe kids dont listen, dont know where to go and dont try very hard. I cant relate. The boys on my team are usually focused, do what I ask of them, and work hard. As a business owner, my employees are focused, do what I ask of them and work hard. What am I doing that is different from the rest? And what can this teach you about running a successful small business?

As a coach, I make my boys jobs very simple. I ask only two things of them. I ask them to master one shot and I ask them to be aware of what is going on around them. Of course we work on defensive and offensive strategy, but both of those revolve around the two keys that I gave them for successawareness and mastery.

I teach awareness by constantly asking them to be aware of where the ball is and at the same time to be aware of their teammates are and where their opponents are. I teach them how to see the ball and their opponent when he doesnt have the ball. Sounds simple, but for ten year olds this is work.

I teach mastery by assigning homework to each boy. The second week of practice, they have to show me a spot on the court from which they can make a shot every time. I dont care if it is from just two feet under the basket. I want them to know they can make it every single time. As the season progresses, they may gradually move their spot further and further out, but I still ask that they be able to make their shot every time unguarded in practice.

These two simple concepts have a tremendous effect on the boys during their games. They have incredible confidence in their ability to make shots because they know that they will always make it. I dont need to yell at them like other coaches about where they should be on the court because they have developed awareness of what they are doing and seeing. Now lets see how you can use this in your successful small business.

As a business owner, I put these two key principles to work in training my employees. From the first day on the job, I work with them to be aware of what tasks are needed, what I expect of them, how I want customers treated, etc. And I ask them to master tasks and customer scripts. Once they are mastered, I open it up for them to adlib just like with my players. When correction is needed, it is usually in one of these two areas. They are either unaware of what is needed or they havent mastered the task at hand.

Not only does following these two concepts make it easy for me to get results with my players and employees, it also brings incredible results. My first team lost only one game all season and my employees rarely lose a sale. My businesses and products win awards earned by my employees. And, as a bonus, everyone enjoys themselves with this simple structure. I knew I was doing it right when the father of one of my boys told me that his boy enjoyed practice so much that he chose to come to practice instead of going to see our professional basketball team play one night. And I know it works with my employees because they show up on time happy, focused and ready to work. Remember, awareness and mastery are two essential keys to a successful small business.

For more tips on creating a successful small business, visit http:www.biznbeyond.com and get your free copy of From Vision to Action –A Five Step Process For Getting Started, Getting Unstuck, and Eliminating Overwhelm

Before we can begin discussing the benefits of outsourcing especially in small businesses we must fully understand what outsourcing is and what outsourcing is not (as many people often confuse it with off-shoring, a similar but different thing).

So what is outsourcing? A fairly recent addition to business terminology, outsourcing in a business is the delegation of certain non-core operations to other separate entities that specialize in those operations. Put very simply, outsourcing means giving away certain tasks which though imperative to the actual business, can be better managed by another industry which specializes in that task.

Outsourcing entails transferring management control and decision making power to the other industry as well. This means that there is a lot more interaction, and information exchange, coordination and trust between the outsourcer and its client, making it different from the established buyer-seller relationship.

Now that we have established what outsourcing is, lets focus on what it is not. Outsourcing is commonly confused to off shoring, which is the relocation of an entire or part of a functional unit of the business to another nation, whether it remain in that businesss control or not. Outsourcing is usually limited domestically. In many cases, such as telemarketing, the company wishes to employ the service of overseas call centers. Thus when outsourcing crosses national borders it is called offshore outsourcing.

So why should companies outsource? There are plenty of benefits of outsourcing, especially for small businesses. The main reason for outsourcing is the cut in costs, as they don’t have to provide benefits to their workers, and have fewer overhead expenses to worry about. Many businesses prefer offshore outsourcing, as it allows them to utilize the low labor costs of countries such as India and China. Not only that, the relatively high exchange rates in these countries makes offshore outsourcing more advantageous. In India, the pound exchange rate is 45 rupees per every American pound. Thus the average American worker who would take (for e.g) 5 per hour can be replaced by an Indian worker employed at 2hour.

Outsourcing also allows smaller businesses to focus on core competencies, and relieve themselves of the peripheral ones. Thus they can concentrate on providing better quality products and service. Even if the quality does not improve, the cut in cost allows for greater productivity. This increases the overall economy in total. Not just that, the business can produce good quality products without having to employ a large amount of people. Thus lowering their overall labor charges and employee benefit.

The best facet of outsourcing though is the ability to employ professionals to get the work done. In areas such as advertising and telemarketing, it is usually more cost effective, and productive to hand over the task to a separate company and pay them accordingly. Thus instead of handling their own affairs in a substandard manner, they can employ professionals to carry out the process efficiently and effectively. And once the outsourcing company is assured that its client is managing perfectly, it can focus on creating better products and services.

For small businesses, outsourcing allows them to work with the minimum of labor and equipment expenditure. For example, a small firm outside city limits can outsource its transport, thus making it unnecessary for it to acquire buses, cutting the cost of fuel and saving its resources. Another prime example is telemarketing and advertising. Many companies prefer to outsource this facet of marketing to professional call centers and advertising agencies, thus eliminating the need to form an entire unit devoted to this task. Not only that, but because the outsourcing client has a fully established infrastructure devoted especially to the service provided, there is no necessity for a small business to invest in developing its own internal infrastructure to accommodate that service.

In small businesses theres only a limited access to resources and ideas. Outsourcing allows the business to garner new ideas and innovations. It could also result possible cash influx due to the transfer of assets to the new provider

Ten Ways Your Small Business Can Benefit From a Virtual Assistant

Hiring a Virtual Assistant (VA) can be one of the smartest business moves you will ever make. A good VA will be able to assist you in handling your administrative workload, allowing you more time to focus on growing your business and generating revenue. Here are just ten of many ways that a Virtual Assistant can provide much-needed support to your small business:

1. General Administrative Support
If you ever wished you had an administrative assistant on call, a Virtual Assistant may be the perfect solution for you! VAs can provide general administrative services such as word processing, data entry, spreadsheet and database maintenance, desktop publishing- the list goes on and on. In fact, if you could give it to an administrative assistant, you can give it to a Virtual Assistant!

2. Invoicing
A Virtual Assistant can facilitate your invoicing, ensuring that your clients receive timely, accurate invoices. By partnering with a VA to prepare your invoices, you can gain a tremendous amount of time each month to focus on other aspects of your business that require your specialized attention.

3. Email and Voicemail Management
If you get large numbers of emails or voicemails, a Virtual Assistant can manage your inboxes. They can sort through the spam and reply to messages that dont require your attention, leaving you with fewer messages to wade through everyday. A VA can also provide you with a consolidated report of voicemail messages, allowing you to return a number of important phone calls from a single report.

4. Online Marketing Management
A Virtual Assistant can assist you with your online marketing plan. They can manage your pay-per-click campaigns, post articles, submit your website to search engines, add your website to online directories, create banner ads, prepare and send email newsletters, etc. Since VAs make their livings online, many of them keep abreast of the latest trends in online marketing.

5. Customer Response
Use a Virtual Assistants services to keep existing and potential customers happy and returning. A VA can effectively and efficiently handle customer questions and complaints in an appropriate manner. By providing your customers with a timely, helpful response, a VA can help you build a stronger relationship with your customers.

6. Event Planning
Nothing is better than a well-planned event. Enlisting the help of a Virtual Assistant in coordinating your seminars and company functions can take a tremendous amount of burden off your shoulders, allowing for stress-free coordination of your events. They can make arrangements for the location, speakers, catering, photography, etc- and notify the attendees, too.

7. Travel Arrangements
Whether your business requires you to travel extensively or occasionally, a Virtual Assistant can help coordinate and consolidate your travel plans. A VA can arrange your transportation, accommodations, in accordance with the meetings and events you will be attending. They can compile a detailed itinerary for your trip, ensuring that your travels are well-planned and hassle-free.

8. Internet Research
A Virtual Assistant can efficiently perform internet research, consolidating the information you seek and saving you both time and money. A VA can use their extensive research skills to your benefit, providing you with incredible value by investigating requested topics and providing the results in the desired format.

9. Calendar Management
Managing a busy schedule effectively doesnt happen by chance. Team with a Virtual Assistant to help you stay atop of important dates, appointments, contacts and events. They can help you stay organized and prepared each day, with minimal effort on your part, reminding you of obligations and events ahead of time.

10. Project Management
Large and small projects alike can be managed by a Virtual Assistant. A VA can keep your project on track by organizing and coordinating resources, objectives, deliverables, etc. They can relieve the everyday stress of project management while ensuring that deadlines are met and progress continues.

A Virtual Assistant can provide you with customized support solutions for your small business. By teaming with a Virtual Assistant, the unique needs of your business can be accommodated while reducing your workload and providing you more time to grow your business and achieve your financial and personal goals.

Are you a small business owner? If you are, you will likely face a large amount of competition from others; others who may be larger than you and others who may have more resources at hand than you do. Although it may seem as if you are at a disadvantage because your business is a small business, it doesnt have to be that way. There are a number of different ways that you can make sure that your business is able to successfully compete with your competition, even your competition that may include large, national companies.

When it comes to competing with your larger competitors, it is important that you remember exactly what you are, a small business. This automatically makes you unique right away. Each year, a large number of small business owners end up closing their doors. While this may not sound promising to you, it should give you a little bit of hope. There are actually a large number of consumers who like doing business with small businesses, just like you. In fact, some prefer to do business with them. The less competition you have from other small businesses, the greater your chances are of staying profitable and in business are.

While you may not necessarily be able to control the competition that you do and do not have, one thing that you can control is your businesss public perception. For instance, if you were to run a pet supply store or a clothing store, there are a number of other businesses where your customers could go to buy the same products at, like a large department store. To prevent that from happening, you want to give your customers a reason to come to your store, as well as reason to keep on coming back. The first step is to make sure that your establishment is well-kept and always clean. You will want to pickup your sales floor, if your business has one, each and every day, dust, mop the floors, and keep all of your entranceways cleans. To many consumers, nothing is more unappealing that a dirty business.

In addition to making sure that your establishment is well-kept and always clean, you need to examine the type of service that you and your employees provide your customers with. Most small businesses are known for their personal feel. When it comes to doing business with a small business, there are customers who want to feel like they are known by name, even if they arent actually, or feel like they can stop and talk with you and your employees about nothing in particular, like the weather, just because. This is what will essentially set your business apart and make it easier to compete with larger businesses. Unfortunately, many of todays larger corporations have more of a focus on dont waste company time or money, than they do the customers. Making sure that all of your customers receive the best service available, as well as thank you every time, is the best way to compete and win against your larger competitors.

The above mentioned ways are just a few of the many ways that you can make sure that your small business is running just as strong as the competition. Even if you run an online business, instead of storefront one, a personalized, friendly service is an important component of being successful. For additional methods that may help your business stay afloat, you may want to think about turning to your customers for suggestions. A simple suggestion box may give you insight into your customers, as well as their wants and their needs.