As a teenager I worked for my father's small business. At 18 I worked for a small video rental business owned by two partners; there were 4 employees. At 23 I worked for an auto body shop, the owner was from Greece; there were 8 employees. At 25 I became CEO of my family's small business; we have 15 employees. Today, I own a 3-employee automotive repair shop; an online business; a promotional licensing business and I still consult for my family's business.
Today working in large firms with hundreds of employees or even 50 employees is rare. Like most people I grew up around small business and worked in small business. The transition to a business of my own seemed a natural progression. The time has never been better to get your feet wet. Small business is booming.
Consider these facts from the U.S. Bureau of the Census:
? 23 million small businesses in the U.S.; 75% of which have no employees
? Small businesses represent 99.7% of all employer firms
? Small businesses employ half of all private sector
employees
? 44.3% of U.S. private payroll is paid by small businesses
? 60%-80% of all new job created annually are by small businesses
Today, small business is the standard.
If you've ever dreamed of owning or starting your own business, clearly the climate has never been better. But making your dream come true takes a few key strategies.
First, before starting any endeavor, do your research, education is the single most important factor to a successful new business. If no one wants your product or if no market exists for your service you will spin your wheels trying to survive.
Know your market, who are they? Does your product or service exist? If so, how can you make it better? What is your competitive edge? What are your competitors doing?
If your service or product doesn't exist, why should it? This is a tough question but if you cannot justify the purpose of your product or service and the need it fills how will you find customers?
The next step is planning. What will you need? How will you get started? What is your first step?
When I'm looking to start a new endeavor, I jot down the goal and then write down each and every task I can think of that will need to be accomplished in order to achieve the goal. Organize all those items into an Action Plan and then get started, one step at a time.
Getting started is probably the most difficult step. We all have fear of the unknown. You need only one ability or skill? courage. Take the step, even if you feel like you're falling from a tall building. I promise once you get started, you'll wonder why you didn't do so before.
Execution is where all the research and planning pay off. You've made your marketing plan; now just take it one step at a time. Keep at it. Even if your first marketing tactic works, keep at each and every one. If you send out 100 fliers and start getting customers, do not stop. Follow through on the next mailer or article. You must continue executing your marketing plan; this tactic will ensure long- term success.
Clearly it has never been a better time to start a small business. There are millions of small businesses out there; you are not alone. Seek out others for support. Start small to get your feet wet and start accumulating accomplishments. With small businesses creating 50% of the gross domestic product you can't go wrong.
Tired of watching others succeed? Discover how to achieve a more prosperous life. Yolanda A. Facio, entreprenuer and author, has created a new ebook that provides a road map for optimum results, every time. Click Here Now => http://www.newrulesforsuccess.com
Airbnb cleaning service Arlington Heights ..You've come up with the best idea since sliced bread,... Read More
We were more than excited. Our women's doubles tennis team... Read More
At first blush this idea might be difficult to wrap... Read More
During the 1980 presidential campaign, candidate Ronald Reagan vowed, if... Read More
Anyone who is serious about washing aircraft as a full... Read More
There are many potential niches for pressure washing companies that... Read More
Writing a business plan for a mobile car wash is... Read More
Most small businesses will not even try to advertise on... Read More
In this series of articles I'm going to show you... Read More
I believe the number one reason why a business will... Read More
If you've been thinking about starting a business, but are... Read More
Everyone is talking about small businesses. In 1993, when it... Read More
If you've been considering incorporating your small business, you've probably... Read More
Business Process Automation or BPA for short. This was a... Read More
Q: I'm curious. What is the dumbest business question you've... Read More
What does it take to grow a business and run... Read More
Q: A friend told me that as a woman of... Read More
Everyday more web based companies enter the business scene. The... Read More
Today is a Red Letter Day! It's special because today... Read More
In the Truck Washing Business every single type of vehicle... Read More
You've heard marketing and advertising gurus quip, "Sell the sizzle,... Read More
Seventy percent of US households use the web when shopping... Read More
Thinking of starting a business on line? If so there... Read More
How do you make sure you have the business solutions... Read More
With all the cabinet refacing business opportunities out there, you... Read More
reliable maid service Winnetka ..Once you've decided to incorporate your small business the next... Read More
We all know how glorious those first warm days of... Read More
No, I'm not talking about gambling or dairy cows ?... Read More
Would you rather have one good client paying you five... Read More
Is it right for you?If you decide to advertise your... Read More
The following are six essential skills to business success. You... Read More
You have spent considerable time pulling your business plan together,... Read More
Many times small businesses want to expand their businesses and... Read More
A Brilliant Marketing Idea... sounds great but what is it?... Read More
What is a guru?A guru is a teacher. A mentor.... Read More
Why should you always maintain a good report with a... Read More
When the recent Games of the XXVIII Olympiad came to... Read More
Don't you find that there are so many decisions you... Read More
Experts urge small business owners to "brand" their business ?... Read More
If you want to start a business in 2005, and... Read More
Running a small business requires many skills. However, to do... Read More
In today's fast paced marketplace it is easy to neglect... Read More
We are noticing an increase in the length of time... Read More
If you own a mobile car washing, pressure washing or... Read More
What are the 5 best ways to gain new contacts?There... Read More
Here are some sound debt collection techniques that can be... Read More
When working from home, it is usual to find that... Read More
Every company has a value proposition. That is a statement... Read More
In today's marketplace the words 'job security' have become an... Read More
Aircraft Interiors of personal and corporate jets have hundreds of... Read More
Small Business |