IMPORTANT TIPS IN RUNNING BUSINESS September 25, 2009
Posted by windrisyaroni in Uncategorized.trackback
If the 3rd case you run, hopefully the risk of failure in your business can be suppressed more.
1. Finding Creative Capital Resources
Are you having trouble finding venture capital?
Are you too heavy to pay interest on bank loans for small business?
If both answers are yes, then maybe you need to find
alternative sources of cheaper capital.
How? Among others may be with friends or relatives ask you to invest in your business, or even two or three of you can even open a joint venture business and run it together.
Alternatively, try to lend money from close relatives or friends nearby. Because generally they have to know you and understand your goal to start a business. Then maybe they’d give a loan of money with interest rates below the bank or even without flowers.
But remember, even though brother, whose name is borrowed something remains to be returned, including borrowing money.
Do not let even your relationship with relatives or friends will be damaged because of money problems.
2. Location and HR
Location is one important factor to consider opening a business. There are businesses established in a suitable location, but enggak fit elsewhere.
Business Internet cafe and a copy may be appropriate for the environment around the campus, but it opened a grocery store might be more suitable for residential areas.
Therefore, do a survey to find a suitable place for your business. Observe the market conditions, potential demand, and do not forget to look for too
information about how the region’s development prospects in front of him, because it can really affect your business.
Another factor is the human resources (HR). HR becomes very important because this is what will drive your business day later.
When you start this business enggak alone may be less a problem. But, if you hire employees in your business,
then you should pay attention to issues of personality and ability.
If your employees will deal directly with your customers, choose the person courteous and friendly. A client of mine for example, has a grocery store business. When he was keeping his own shop,
customers very much. But, when employees are told to keep the store, customers began to diminish.
Investigate a investigate, when asked at the customers, the average of their
responded that employees are not friendly in the service so that customers become reluctant to come to the store. Surely you do not want this happen to your business right?
3. Promotions
Promotional aspect is often forgotten by those who are opening a business, or not infrequently, be removed on promotional activities was slow.
The reason, no funds.
In fact, the promotion of business of any kind should not be stopped in a long time. When the campaign stopped for a long time, people can forget your efforts. But if you are always doing promotions on a regular basis, people will always remember your business. The continuous promotion will always be a good impact on your business.
When the slowdown hit business as a whole in your and your competitors, keep Promotion. Maybe you do have to sacrifice a bit first, because the minimum income while expenses continue to campaign there.
However, I believe that if the slowdown is determined efforts on the factors of economic conditions, the condition will someday recover.
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