Why Small Business Cannot Grow
Business is just like a tree. You have to nurture it so that it will grow. Without nurturing, you never receive the juicy fruits from the tree or even have a shade tree. However, the bad news is business is not as simple as growing a tree. It is a competition for you to grow your business. You have to grow it fast. If not, your competitors will surpass you and your business will be in hot water.
Now you know why many businesses are suffering. In most cases are due to the slow growing of their business.
Below are the top 5 reasons why small business cannot grow:
Employee Satisfaction That Hold your Business Together
Do you ever care about your employees’ satisfaction?
It is a big challenge to run a business especially if you want to make your business become profitable and success. A business is challenging because there are a lot of factors involved that will affect your business. This is why people always use the word “volatile” to describe a business.
There are many things you have to take care in your business such as customer satisfaction. You will find that many reading materials discuss about customer satisfaction and how it can help your business. If you are running a business, have you ever care about your employee satisfaction besides customer satisfaction? I believe not many of the business owner care about this. Let’s discuss the issue.
Employee Satisfaction is as Important as Customer Satisfaction
We all agree that customers are important to a business because they are paying money to business. They are the one who generates the income cash flow for a business.
On the other hand, if you think properly, you will find that your employees are also important. They are the one who provides some kind of services, advices and also the one who help you to collect money from customers. So we can say that employees and customers are linking each other.
Baby Boomer Entrepreneurship
Baby boomer entrepreneurship is one of topic that I want to talk about in my blog. There are so many baby boomers still energetic after they retired and wish to do something to keep them occupied. Some of them might have a goal or desire to start a business and become an entrepreneur. Some of them might also want to continue to make more money through their new businesses after retired or as simple as running a business to occupy their free time. No matter what kind of purpose they are looking for, this topic is going to be hot.
Today, I found a great video interview from Mark Miller. He interviewed Jeff Williams from Bizstarters.com which is a web site that helps baby boomers to start business. The 5 tips for starting a business shared in this video are highly agreed by me and I wish you can watch it too. Without further ado, here is the video:
As a conclusion, the 5 preparation tips to start a business after retired are:
- Understand technology
- Get Equipped
- Get Credit
- Get health insurance
- Test Your Concept
I found the video via Small Business Trends
