Ask yourself honestly, is my business idle or moving forward? Because we (as small business owners) are so busy and buried within our business, we often neglect marketing, brand recognition, and other goals. We are all guilty of this from time to time. Consequently, it’s the nature of entrepreneurship.
Have you taken a look at your goals recently? Are you hitting them or falling short? Or, in other words, do you even have any goals set in the first place yet? To clarify, sometimes we need to lift our heads out of the hole to take a critical look at what we are doing. Make sure you are doing the following to see growth for your company.
1. Set some SMART goals.
Specific. Measurable. Achievable. Realistic. Timely. Continue to track on these goals constantly. This should encompass all company goals. Another way to look at this is to set sales, marketing, time table, and financial goals, among other SMART goals that you can think of. As a result, your business may run smoother.
2. What is your growth strategy?
Do you plan on adding employees to expand expertise? Products to expand marketplace presence? Even more important, maybe set your growth plans for 1, 5, or 10 years down the road. So, this can help lay out a good road map. Do your best to make these happen.
3. What about a marketing strategy?
Do you know enough about SEO, paid ads, design, email marketing, etc to put a campaign together? How do customers find you? So, a solid marketing strategy can be a HUGE difference maker in the above. Is the general public aware of your business? Do you often hear from new people that you meet that they have heard of, or know of your brand? Can you handle all of this on your own or internally? If not, outsource your marketing.
4. Are you active on social media?
Engaging with your customers? A stat taken from Hootsuite says that 90 million small businesses use Facebook. Check out more impressive Facebook stats here.
Some businesses and nonprofits we work with solely utilize social media as a means to boost sales and/or create brand awareness. For instance, they may see enough in return that they don’t have to spend money marketing elsewhere. Because of this they are able to meet their desired goals. Certainly, success will vary from business to business.
5. Are you stuck using old technology or no technology at all in your business?
Finally, technology. In short, we see this quite often. Some business owners are terrified of change. Hey, we get it. Change can be scary.
Certainly, there are some industries that stick to old routines or technologies. Some don’t even have emails or websites! As a result they are unaware of what they may be missing.
New customers can be constantly found all over the Internet. If you aren’t there, they won’t find you. Therefore, don’t be afraid to make a tech change for your business. This can be from your marketing software, to POS, to an automated machine.
In some instances, a business owner may not want to make tech changes. Perhaps they are content with what they make and the size of their business. This is fine. To each their own. In conclusion, if this is you, then you are idle.
Again ask yourself, is my business idle or moving forward? Lastly, if you have questions or need help…we are here for you.
Analyze. Create. Achieve.