11 Tips On How To Grow Your Small Business The Right Way

If you grow your small business the right way, you will need to work hard. There is no easy way around this!

But if we love what we do and are committed to it daily, success will follow us. Believe me when I say it’s worth every ounce of effort spent on growing yourself as an entrepreneur because there aren’t many things more satisfying than watching growth firsthand.

Getting Started – Growing Your Small Biz

The first few weeks were the hardest. I had several accounts and was working part-time with my business, so I went back to them by request to do more work and quickly grew the company within a month.

From there, I gradually returned and saw some businesses I had worked well with. Before I knew it, I had all the businesses I could handle. But of course, one wants to make more money, right?

Within three months, the business began to happen quickly. People started to call me for my services, and it was word of mouth and my online presence.

Hence, I started delegating a few projects to freelancers. It all happened by accident at first. One conversation led to another, and before I knew it, I had three freelancers to delegate work to.

If you can’t find a freelancer to support you and need help with your marketing, you could use effective digital marketing for support. Of course, I had to start another blog, and this one was born. 

Here are the 11 tips for you to grow your small business:  

1. It Takes Hard Work To Grow Your Small Business 

I’m sure all these words sound pretty scary, considering the time commitment they require; however, don’t let them discourage you from taking control over your life by becoming self-employed (or hiring someone else)! The benefits far outweigh any of the drawbacks.

According to Forbes, nearly one-third (29%) work more than 50 hours per week, while 86% work weekends.

Most business owners work hard and long hours but love the freedom to work mostly when they want and take time off when they want.

Remember that improving a business isn’t just what you do internally but how you present yourself externally, including the look of your premises. Using a commercial roofing company or outdoor maintenance business, you can keep your business on top of the curb appeal to impress guests.

2. Getting Over Fears to Own and Grow Your Small Business

To grow your small business, you need to be willing and able to work hard fearlessly. Running a successful company takes time; there’s no way around it!

But if we love what we do, then our goals can become reality with daily effort, like those who depend upon us for their success.

My greatest fear of leaving my 9-5 job and running my business full-time was having health benefits. It took me years to go full-time into business.

Until I started to get estimates on the costs of healthcare. Never assume in business!

If you are going to start a business you must be fearless. You can’t worry about this and that. Once I overcame the fear by doing and investigating, I was on my way to growing a business.

The fear of paying for healthcare was relieved once I knew it only cost a fraction more to pay on my own versus through a company I had worked for.

That allowed me to move on and focus on the business itself. How was I going to generate enough money to sustain my lifestyle?

3. Delegate To Grow Your Small Business

Learning to delegate didn’t come easily for me, but I caught on quickly. I knew I had so many tasks to accomplish. I was keeping track of money coming in and money going out—investing in myself and the business.

The more work I took on, the more tools I needed and the more I needed to learn. Learning takes time.

Delegating is probably one of the most significant investments you can make for yourself and your business. If you try to juggle it all, you will fail, and everything will start crashing down. 

For example, why try doing digital marketing and SEO in your business? You have to specialize in what you do best! If you’re not an SEO pro, leave that for an SEO agency to work on! It’s the same for everything else, like bookkeeping, social media, customer service, etc. But you can’t expect to grow if you’re stuck doing everything!

Are you looking to develop many great products that your customers will love? Instead of wasting your time brainstorming and stalling, find a distributor for many ready-to-go and popular products you know will sell.

So, I had to delegate to grow. Remember this one! “Delegate to Grow Your Business!”

4. Outsource Certain Tasks And Departments

Outsourcing specific departments in a small business can be an effective way to save money and increase efficiency. By utilizing the specialized knowledge of outside companies, business owners can focus on their core skills and objectives without sacrificing quality or service.

This outsourcing strategy allows them to benefit from increased profits and potentially faster turnaround times for their customers.

Additionally, outsourcing to professionals like Dorothy Wete gives businesses access to extra resources that may have been previously inaccessible, such as cutting-edge software and technology, expert advice, or the ability to take on larger projects.

You can contact a WordPress development agency if you need help with your business’s online presence. They can assist in creating a highly functional and well-designed website that suits your business needs and elevates your online presence.

Using technology could even relieve the strain on specific departments. For example, if you run a busy healthcare clinic and find your reception team overrun, investing in healthcare kiosks to allow patients to check themselves in will help ease the load and make things more efficient.

In the end, this approach culminates in a positive impact on the bottom line of any small business.

5. Price Your Products or Services Right

Don’t price yourself too low when growing your small business. Oftentimes, an owner might want to generate business fast and price themselves too low.

Think about your time and how much time things take time to do.

Every aspect of what you do to make a product or provide a service. How much time will be needed? What if you need to do a re-do? Are the products or processes expensive?

Think ahead of the curve when it comes to your pricing strategy. Don’t forget taxes; the taxman or lady always comes around!

6. Learn to Say No!

Learning to say NO when growing your small business is another must. You will not be able to attend every networking event that comes along. Time is precious!

Therefore, you will not be able to answer every call and give away advice to everyone who asks you for it. You may be unable to talk long to folks who drain your time.

Your time becomes your most significant asset when growing your small business the right way.

Therefore, you must set your expectations beforehand to meet them. By meeting these expectations, you will keep customers for the long haul!

7. Focus On Your Tasks At Hand To Grow Your Small Business

Learn what you need to prioritize. You won’t be able to do everything at once. And if you think of ideas, write them down immediately before you forget!

Focusing on what needs to be done to generate and manage business will be the key to your business’s success.

If you are scatterbrained and all over the place, you may find that nothing is getting done. You will not be able to meet the goals that you have set up for yourself with the business. Of course, having patience with yourself will be key!

Be sure to write down your daily tasks so you can focus on them. Be careful of emails, social media networks, and mobile devices. If possible shut them down for a period while you get things done!

You will be amazed at how much you can get done without these interruptions.

8. Learning More Each Day To Grow Your Small Business Right

As your business grows, so will you. You’ll learn a lot of things every day, and that’s what makes it interesting.

Sometimes, I have to set aside some time just for me. Learning new skills or strategies can help my clients succeed, which in turn helps them complete their goals faster than they might otherwise be able to. It also provides benefits back at work.

I learned this lesson the hard way when insufficient knowledge on specific topics prevented us from achieving success with our projects earlier in the business. However, now it is different because instead of focusing all efforts on minor details like these, which are crucial nonetheless,

Another way you may learn about a business is to become an apprentice in a field where you want to own a business.  

That is how to grow your small business! By learning and doing over and over again.

9. Knowing When To Grow Your Small Business The Right Way

You may know when it’s time to grow the business. Often, it happens on its own. As you get busier, more money is coming in. You may be unable to keep up!

Many businesses decide to grow too early and then fail. So be careful about that mistake when opening your new business.

Twenty percent of all new businesses fail in their first year, and the number is higher in the first five.

Many new businesses fail because of financial problems. The best thing you can do is ensure you understand how to manage and monitor finances before you even start the business. Try to find different ways to attract capital, especially when things may be slow.

It’s a good idea to explore financing from financial institutions to keep your business afloat in the early stages. Once you get this right, it is improbable that you will not fall prey to the negative statistics about new businesses.

10. Advertise To Grow Your Business Right

Advertising your small business has many benefits. It lets potential customers know that you exist and are open for business. It can also help build brand awareness and create a positive image for your company.

Advertising can be an effective way to attract new customers and grow your business. A well-designed advertising campaign can reach a large audience and generate interest in your products or services.

 Creating physical touchpoints with strategically placed items, such as custom parchment paper, will further brand recognition as your customers eat their lunch and see your logo with every bite.

Freebies can easily turn into advertising items. For instance, you can create branded custom fridge magnets for businesses that rely on face-to-face interactions. Escape room businesses can give each team that successfully escapes within a specific time or without a clue a fridge magnet.

This will ensure customers feel excited about the company and share their experiences with others. This type of small item works best as a giveaway if you make it meaningful, such as giving it only to the customers who “succeed” or who “spend over x amount,” etc. 

When done correctly, advertising can be a powerful tool to help your small business succeed. Don’t forget to submit your website to local business directories to grow your small business. 

Investing in advertising is an important decision and should be done with care. However, the potential rewards of increased sales and brand recognition make it a worthwhile investment for many small businesses.

11. Work Together With Established And High-Rated Groups

If you want to grow and be taken more seriously as an entity, you must get out there and work with others. You could gather more attention for your work, but it helps network effectively.

Be confident whether you’re collaborating on a marketing campaign or need help from a contractor. Working with brilliant professionals will elevate your standards and put your name out there.

For instance, as a developer or landscaping company, you might want to read more about the right land-clearing firms out there. After the project, you could start a brilliant partnership and turn your business into something grander.

Firmly establishing yourself within the spider web of companies could help you to grow organically. 

For example, why try doing digital marketing and SEO in your business? You have to specialize in what you do best! If you’re not an SEO pro, leave that for an SEO agency to work on! It’s the same for everything else, like bookkeeping, social media, customer service, etc.

But you can’t expect to grow if you’re stuck doing everything! And, if you are trying to find someone to do that, you might want to consider explicitly finding a team that works with the kind of business you run, such as a landscaping SEO team for instance.

The more specific to you it is, the better the results are bound to be.

Finally, Your Turn On Growing Your Business The Right Way

I’d love to know what you would like to learn about starting or growing your own small business the right way. What keeps you from jumping in to grow your small business?