Small business or sole trader, there are some great ideas you can take from big businesses so that they’re executed in a highly effective manner. Sometimes it can feel like you’re stuck in the same place, so when you’re looking for ideas, here are some ideas that you can make the most of.
Embrace change
Being a small business, it is easier for you to embrace change. So make sure you use this to your advantage. Starbucks began selling coffee machines and changed into a coffee shop as time went on. Often your first idea doesn’t also work as well as you though, so pivot between ideas and move in the same direction as you see success. A great way to do this is through reviewing your business and where your income is coming from. As a tradesperson, it could be that the commercial space is where you’re most enjoying working along with getting the most business, and residential is too much hustle and not enough return.
Starbucks began selling coffee machines and changed into a coffee shop as time went on. Often your first idea doesn’t also work as well as you though, so pivot between ideas and move in the same direction as you see success. A great way to do this is through reviewing your business and where your income is coming from. As a tradesperson, it could be that the commercial space is where you’re most enjoying working along with getting the most business, and residential is too much hustle and not enough return.
Often your first idea doesn’t also work as well as you thought, so pivot between ideas and move in the same direction as you see success. A great way to do this is through reviewing your business and where your income is coming from. As a tradesperson, it could be that the commercial space is where you’re most enjoying working along with getting the most business, and residential is too much hustle and not enough return.
A great way to do this is by reviewing your business and looking at where your income is coming from. As a tradesperson, it could be that the commercial space is where you’re most enjoying working, along with getting the most business, and residential is too much hustle and not enough return.
Also consider upskilling and completing a gas or electrical training course so that you can expand your business into new areas. Take a look at gas and electrical training courses on offer here.
Know your unique offerings
How are you identifiable? Understand what offerings and elements set you apart from your competitors so that you can sell that side of it more effectively. Highlight what you do well and let your clients and beyond know!
Understand what offerings and elements set you apart from your competitors, so that you can sell that side of your business more effectively. Highlight what you do well and let your clients and beyond know!
Being challenged is a good thing!
Even if you feel like you’re at the peak in your business, and you’re busy 24/7, don’t forget about the challenges and changes you need to keep up with, to keep you relevant. Continue auditing threats and surrounding affects from technology and the internet that could affect your overall business.
Keeping your skills up to date will also help minimise your risk of being overrun by other businesses due to staying competent.
Sharing is caring!
Do you often get great feedback from your customers? Well then share it!
Ask them to submit a testimonial on your website, or to post on your Facebook wall about how happy they are with your services. Building relationships both online and offline is important for your long term business, so make the most of these opportunities.
