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Small Business "Traps" to Avoid

By Terri Levine
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Sales & Marketing – You need a Sales plan. It will assist you to gauge the financial progress of your business and provide information like where your sales will come from, how they'll be achieved and who your buyers/customers are. And marketing your business is not merely a matter of placing an Ad in your local paper! You need a marketing plan to ensure you spend your marketing and advertising dollars wisely. You should know who your customers are and where to find them. Do your research and don’t skimp on this detail! Getting expert advice is money well spent!

Your Customers – You don't only need to know who your customers are for marketing purposes, you need to keep up with who your customers are and keep in touch with them for continued business success. Have their needs or preferences changed? Are your competitors' products meeting their needs better? What do your customers want and are you still providing that? What will they be likely to want in the future, and are you prepared for that?.. continue...

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