Wednesday, May 1, 2013

10 Tips to Start Small Business and Achieve Success

10 Tips to Start Small Business and Achieve Success

If you look at Bill Gates or Mark Zuckenberg, you definitely tempted by their incredible wealth. But are you aware, that they also start all of their small business. And none of them are suspect would score success as it is now.

Startups that turned into a successful company worth billions and even trillions, no difference in the business world with lottery winners. Put all your money and expect to get jackpot, you are actually going down.

Here are 10 rules to start a small business. This list is more to make you aware of the facts, rather than insanely terdahsyat pursue your dreams in business.

More realistic. When creating a business model, just look around and find examples of successful business models that you want, and learn. If you can not find, whether you exceptional genius, or your business model will not succeed in the real world.

Do not invest their own money. Since most business is a risky trip, look for a partner. So, if everything does not go all the plans, you will not go broke because of funding start-ups before, and did not pursue the debt.

Enslave yourself. If you are not willing to work hard, overtime, forgetting personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even employees who are cheap. So, your employees, is your own.

Appreciate the time. Give your money on time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charge Rp10 thousand for delivery every week, and it takes you 2 hours to go to the store itself, it continues to pay postage from the company, because it is cheaper. It may be against the rules to 3, but even though slaves also have economic value.

Recruit employees well. Regardless of the size of your business, in the end you will recruit employees from outside. For that, do the recruitment process carefully, without haste, and treat it as important when you start a business. It is unfortunate that the attitude of business owners who have a vision for their business, but hiring people who actually prevented achieve that vision.

Sell the benefits, not the price. When you start a business, you naturally frustrated memasarkannya.Tapi, if you compete on price, you eventually sell it at a price of a mediocre or even below the capital. Master the skills to communicate with customers, to explain that the higher the price of your product because it has a better value.

Know the basic numbers. Knowing how much money you need for running the business - ranging from the rental shop, electricity, employee insurance, until the price of printer ink, paper, and taxes. And for all of that with how many days a year you will open, and ... that's the base rate - the minimum amount of income that you need every day. If you do not ever think about the basic numbers, think again.

Use the latest technology. Newer technologies such as applications and data with the cloud technology penyimpaanan very cheap and make small companies can compete with larger companies. Take advantage of low-cost technologies available on the market.

Treat with a good vendor. Treat your vendors and suppliers as possible, just as you treat customers. They may give you a discount based on the volume of your book, or even in order to maintain a good relationship, and wish there was an increase in volume in the future. Good relationships can also make them understand the delay in payment, even provide free shipping.

Be the best. You should not be half-setengah.Setiap things you do for the client should be is yangterbaik. Whatever you make and sell, to be the best. Do it continuously, and the power of word of mouth will spread.