Start up tips: Check list for small business to avoid failure

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Marketing comes in different forms, and lots of people marketing only means promoting, product, price and place. These 4Ps are essentials for your marketing tactics yes, but marketing small business is much more than that. The old marketing strategies may no longer be relevant now, because of the most evolving internet world. According to marketers and consumers as well Business should be more than just logo and slogan to attract new clients.

Why does most small business fail, how to avoid it?

  • Business owners do not talk enough about their business, the word of mouth marketing spread faster than any marketing strategies online. Tell the world not just about your small business, but why you started and how your business can benefit your target audience. Give people something to talk about.
  • Unrealistic goals – one of the most common mistakes small business owners make is planning without setting the goal or even setting unrealistic goals.
  • Marketing to everybody – your business must have a target audience and you should stay within that target, you cannot please everyone.
  • Not flexible enough – the world is constantly changing, do not settle for with usual routine, and make your business plan flexible as well as your marketing plan. As a business owner you need to be constantly up to date with your way of managing your business, employees and market niche.

 

Check list for small business start up to avoid failure

  • Domain name – When coming up with idea on starting a small business, you need to think thorough the name of your business, which should be relevant to what your business offers. Making a website for your small business goes the same way, the domain name must be easy to remember.
  • You business Logo – for every small to large business needs a logo to be identified without the need to explain what your business is about, for instance a coffee store cannot have a logo that has flowers on it, people would think it is a flower shop instead of a coffee shop. So rethink and make the necessary research to make an attractive and interesting as well as easy to recognize business logo, along with an interesting or even funny slogan.
  • Business cards – invest in business cards that you and your family can distribute to close friends and relatives. Business cards should include your name, business name, business info, logo and slogan
  • Business plan and marketing plan for small business – before you launch your business you need to create your business plan and marketing and make sure that you take time to review your target audience, market niche, desired objectives, goals and budget

 

Conclusion

There are lots of things to consider when starting a small business, the tips mentioned above are just few of the things you need to consider and always look at your legal requirements, if you have no idea where to begin you can also ask for help through a professional business consultant which can help you create business plan, marketing and give you legal package that will make your business legally registered in your state. Always make sure to have a lawyer who can explain your benefits, risks and securing your financial status if your business fails.

For instance Socratic SBC | Small Business Consulting, offer services from legal package, website design, graphic design, logo creation, marketing plan and business plan for small businesses at the most affordable price. Get your quote today contact a trusted and reliable Professional Business mentor

 

Roderick Hunnicutt

Socratic SBC | Small Business Consulting

 

2 Wisconsin Circle Suite 700 Chevy Chase, MD 20815

Office: (410) 929-6395

Fax: (202) 318-0689

admin@socraticsbc.com

 

http://www.socraticsbc.com