5 ESSENTIAL DO'S TO GROW YOUR BUSINESS

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 Tips to Grow Your Startup.



What makes a business successful?

There is no one thing all entrepreneurs have in common; there's diversity in the type of mindset it takes to be a leader. However, there are certain qualities and traits that will certainly make the path to success easier for you, and everyone around you.

Discover the 5 essential do's for entrepreneurs that will help steer your business to success.

#1. Ask for outside advice

Simply put, it's virtually impossible for you and your team to have the best knowledge in every situation. The most successful businesses were more likely to report seeking outside advice through such means as forming an advisory board or using external consultants. Another recent study found they produce huge benefits for small and medium-sized businesses, including substantial gains in sales and productivity.

#2. Do have noble intentions

Let's get a big one out of the way right away- be transparent and noble in everything you do. Don't try to manipulate your customers or have any sort of hidden agendas. This will always come out eventually, and you may have a crisis on your hands. If something is not in the best interest of everyone, including your customer, don't push it. The best small business owners don't have ulterior motives, they're committed to eradicating dishonesty, corruption and unethical practices from the industry. Be the company your customers come to and feel comfortable with after being jerked around by your competitors, not the other way around.

#3. Register your business with the state

Many micro-businesses operate for years without registering as a business by forming a limited liability company (LLC), a corporation or simply requesting an employee identification number (EIN) from the IRS. These steps may not be required in your scenario, but there's a good chance that if you do decide to register your business, you can take advantage of a few measurable benefits. Officially registering your business may bring tax benefits while also helping to improve the perception and legitimacy of your company. 

#4. Have a solid plan and measure progress

Where do you want your business to be in five years? How will you get there? How will you monitor your progress? The most successful businesses are far more like to have a concrete medium-term plan and follow their progress with multiple business performance metrics.

#5. Communicate tactfully

If you want to show that you have great character, integrity and maturity, be mindful of the way you communicate. Successful business owners don't speak just to hear themselves talk, they have expertise to share and know when it's appropriate to do so. They have good manners and the ability to communicate with consideration and thoughtfulness. By communicating tactfully, you show emotional intelligence, compassion, honesty and courtesy. 

Final thoughts...

Growing your business is often a necessity for business survival and your economic well-being in the business world. These are some tips to try and help you in navigating your way through starting a business.


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Written by: Antony Moturi


   About the Author: 


Antony is a professional DJ, Pianist, Social Media Manager, Content Creator and a Blogger. Besides that he does professional Sound Engineering, Public Speaking and is a Youth Leader.

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