Small Business Tips of the Week

Here are 52 strategies to help you manage and grow your small business or professional practice.

  1. Other noncompeting small businesses are willing to help you. Don't be afraid to reach out to them.
  2. Surround yourself with successful people. You will learn from them, and they may provide you with unforeseen business opportunities.
  3. Build relationships. Valuable business connections come from the least-expected places.
  4. Always take the high road. Your reputation is your most cherished asset.
  5. Look to the West Coast for business ideas and market trends. Many of the biggest businesses and ideas were born in California and Washington State.
  6. Study your competition, and ask questions constantly. Talk to competitors' staff, vendors and customers.
  7. Look at today’s hot business trends—e.g., senior home care, organic foods, etc.—and see how your business can tap into these markets.
  8. Smile. In public, you will find this perpetual "people connector" will attract others to learn more about your business. On the phone, you'll leave a positive, lasting impression of you and your business.
  9. Treat vendors like partners. They have a vested interest in your success and have vast industry knowledge. Use them as resources for industry insights, marketing ideas and referrals.
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