02/09/2009
Tips for Small Business Success
Nature...reduces cognitive fatigue and stress and can be helpful with depression and anxiety.
Irina Wen, Ph.D
Writing in Black Enterprise magazine (January 2002), Rafael Garcia, president of Rafael Architects, Inc., offered this advice to small business owners...
- Surround yourself with experts in various fields. If you don't know any personally, then ask for advice from friends, family members, neighbors, parishioners, etc. Offer to take your new contacts to lunch in exchange for a half hour of advice. By offering to exchange lunch for advice, you're sending a clear message that you're eager to learn, you value their time and advice, and that you're serious.
- Don't procrastinate. When you own a small business, you will find that tasks and paperwork pile up. Avoiding them is similar to piling up debt; eventually it can overwhelm even the most proficient business owner.
- Never ignore the competition. Customer loyalty has consistently dropped in recent years. Customers go where they can find the best products and services, even if that means terminating long-term business relationships.
- Never ignore customers' needs. Once a solid customer base is formed, savvy entrepreneurs must work hard to maintain it.
- Look for competence. Hire only the best and most skilled workers. Happy employees are good, productive workers.
- Be versatile. Successful business owners tend to be adept at a number of tasks and can offer diverse services and products to clients.
- Watch your cash flow. Keep careful track of the money coming into and out of your business. Monitor spending and learn how to create cash flow.
This week our popular resource,
The Art of Leadership: Managing Early Childhood Organizations, is on sale. The comprehensive guide includes contributions from the leading experts in the field on the following management areas...
- Leadership
- Advocacy
- Getting organized
- Legal issues
- Financial management
- Fundraising
- Personnel policies
- Recruiting and selecting staff
- Supervising and developing staff
- Evaluating your program
- Shaping your curriculum
- Working with parents
- Marketing your program
- Community outreach
Toddler Portable Sink: Classroom Solution for HOT & COLD running water. Convenient way to clean children's hands anytime, anywhere.
Mention Code: PS0308 for FREE SHIPPING 
For more information about Exchange's magazine, books, and other products pertaining to ECE, go to www.ccie.com.
|
© 2005 Child Care Information Exchange - All Rights Reserved
| Contact Us
| Return to Site
