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Posts published in “small business success”

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BlueVine Exec Shares 3 Tips To Success As a Business Owner

Do a Google search for  “advice for small business.” You’ll probably be overwhelmed by the number of results. Small business owners can find hundreds, if not thousands, of articles how to succeed in the business world. This is another one. Based on my experiences working for big and small corporations, including BlueVine, a startup that is working directly with small business owners, I’d urge you to do these three things: 1. Hire for weakness No, not their weaknesses – yours. If you’ve got the imagination and courage to start a company, you obviously have skills to make it thrive and succeed. But are there skills that you don’t have? If you’re honest with yourself, you’re probably not equally strong across the board. You may be great on vision, but short on execution. That’s actually why many founders end up hiring “operational CEOs.” You may be a great salesperson, or you may be more effective and happier coding in the background. Some small business advice sites will tell you to address weaknesses by acquiring new skills. You’d be encouraged to take coding classes, for example. This may be good advice for some entrepreneurs. If you’re a small business owner, you really do need to know a little bit about everything, enough to at least ask informed questions and know when someone’s trying to pull the wool over your eyes. But with most areas where subject matter is specialized, you’re better off hiring someone whose expertise complements yours. 2. Prioritize the client experience This is an important tip that many other blog posts would highlight. In many cases, providing an amazing end-to-end client experience is the key to success for any small business. That’s certainly been our experience at BlueVine as we try to become a truly trusted ally of small and medium-sized businesses. We’ve done that by making sure that all the teams that work with customers — from business development and marketing to sales, account management and support — are aligned and moving forward based on a common approach. With these departments all in sync, we’ve launched new products, increased…

How to Survive the First Year of Small Business Ownership

Guest Article You’ve taken the leap into the rough waters of small business ownership, beaming with the excitement of a new chapter in your life and the possible success of your idea. However, getting started is only the beginning. The first year of running a small business can be the hardest times any owner will have to endure. You must learn to stretch cash in creative ways to help you make it through that tough year. So, here are some suggestions you can take to make sure to survive that first year of small business ownership, and ready to take it to the next level. Have a Solid Business Plan First things first. If you’ve opted to skip a bank loan or an investor, make sure you have a clear idea and goal in mind for your small business. You need to develop a business plan so that you can be sure your idea is well planned out. While it’s good to have ideas circulating around in your head, putting it to paper can help you to organize your thoughts, create a solid objective and specific sales goals. Do your research and write a business plan that you’ll want to use it to run your business. Keep Expenses Low Making sure you don’t run out of money is a certain way to stay afloat. Keep the spending limited to things you absolutely need for the business. It is easy to get carried away and begin to buy various amenities you think you may need in the future, but let that decision be made when the time comes. Focus on the here and now. You can also save money on electricity by conserving the amount of energy you use. Make sure you shut down your computers each night. When it comes to hiring employees, hire only those positions which are unquestionably essential for the company, and stick to contractors and freelancers for everything else. Review Your Finances Monthly Your money may be stretched thin in the beginning, so taking the time every month to go over your expenses is a good…

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