The 8 Core Areas of Small Business Success
Biznostics has identified 8 core areas of small business success that form the foundation of a successful business. These come from extensive global studies into the key causes of small business failure. This is not necessarily a positive thing, though in order to have success, you need to know what causes failure, and this is a real thing because every 60 seconds somewhere in the world 83 small businesses fail – and it does not have to be this way.
When you get these 8 areas right in your business, then you are well on your way to the business success you imagined when you started your business.. and when your business is thriving, then your home life is thriving and this has a positive impact on your community.
Check out our latest business tips to help you run and build your small business
Are you often getting interrupted with questions from your staff? Are they often asking the same thing over and over again? These questions can cause interruptions
Do you ever feel that your staff are not performing at the level you would like? Would you like your staff to be more motivated, productive
Would you like to get a more consistent flow of leads in your business? For many small business owners their flow of leads is up and
Do you ever struggle to have enough money to pay your tax bill when it’s due? Would you like to have extra money to reinvest back
Does your business need a quick cash injection? Many small businesses are sitting on a gold mine of cash that is tied up in their business