Categorized | Innovation

9 Tips for developing a great small business

9 Tips for developing a great small business:

1. Have just one captain

Decide who’s really in charge because shared responsibility is no responsibility.

2. Create and communicate more organizsational clarity

Be really clear about the roles and responsibilities within your company and articulate your vision.

3. Focus

Its really important to focus on your companies direction, with special attention given to the financial side of the business.

4. Plan! (6 P’s)

Prior Preparation Prevents a Pretty Poor Performance.

5. Develop more systems

‘Systemize the routine; humanize the exception’ – FedEx.

6. Practice

Make sure you offer cutting-edge customer service.

7. Think

Spend more time thinking about various ways to be different, innovative, creative and exclusive.

8. Don’t pretend or delay

Learn to take action right now!

9. Go the extra mile

Build great rapport and long term relationships by doing that little bit extra.

Recommended Reading

Focus: The Future of Your Company Depends on Itclick here for more information…

The 22 Immutable Laws of Marketingclick here for more information…

E-Myth Revisitedclick here for more information…

Sourced from the book “Secrets of Small Business Owners Exposed” – click here for more info on this excellent book.


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This post was written by:

Marc Krisjanous - who has written 32 posts on Business Blogs.

This blog is to share my thoughts and opinion on running small businesses. For over 6 years I have experienced the joy, heartache and sleepless nights that all business owners experience.


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3 Responses to “9 Tips for developing a great small business”

  1. This post has some really good tips. I especially like point #1. Whenever I’ve had a business in which more than one person is in charge, it backfires and creates a leadership vacuum.

  2. Lena says:

    Completely agree with your thoughts. Another Passion also goes a long way!

  3. Donna says:

    Great leaders are not always great managers I’ve found. Knowing the difference and promoting accordingly is good for business.

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