How to run a business successfully?

2015-11-26 00:36
 
I am new to the business field and want some tips .
1#
2015-11-26
Try starting with smaller profits. Don't be too greedy
2#
2015-11-26
The first thing that you need to do is to build brand recognition. The customers must identify your business and what you are offering (USP). There are many ways that you can do it. It can be done through promotional campaigns such as using promotional items. One of the new ways to promote your brand is floor advertising. That is, using custom floor mats such as entrance mats in your store. You can see some examples at promomatting.com. Custom mats can create a positive impression among your customers. It is also one great way to attract their attention and lure them to get into your establishments. Some mats are even used to stimulate impulse buying behavior to increase sales especially during last minute shopping.
3#
2015-11-26
Customer service is number 1, make a reputation for having a fair, honest, customer driven business. Word of mouth can be your best friend or your worst enemy. Address issues openly. Keep a fair price. Do things in the community to get your name out there. Keep up with your bookkeeping work instead of trying to play catch up. Make sure you know and follow city, county, state laws and know the IRS rules for your business. Know that you'll put in long, hard hours now but all your extra hours put in now will pay off in the future.
4#
2015-11-26
Make a fair profit don't gouge

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