How to grabe opportunity to succeed for samll business
With the rapid development of economy and technology
, market competition is more and more intense. It's really hard for small companies to survive in the current situation. Especially after big economic crisis, small businesses have faced with very bad global economy. How to succeed for them? My opinion as below:There is a definite trend that some small companies have been merging by big companies and others are seeking partnerships with other small companies in hopes of survival for the long term.
Of course, there are a fraction small companies to be successful. As far as i am concerned, the secret of success has five points.
Firstly, they have definiteness of purpose. They know what the needs of their customers are and what products they can provide. In other words, they choose business locations where big stores have no interests.
Secondly, they try their best to develop and offer the best range of consumer goods unlikely to be found eleswhere. You know, modern people would like to try innovative things and want to be different.
Thirdly, thinking more way to save cost, such as incorporate a Hong">http://www.hkcren.com/hong-kong-company/index.html">Hong Kong Limited Company to legally avoid tax. Hong Kong taxes are among the lowest in the world, and the tax regime is simple and predictable. Profits tax payable by local and foreign companies is equally low 17.5 percent. The actual tax bill is even less after various deductions and depreciation allowances.
Fourthly, Whether you make it through the downturn or not comes down to the survival instinct. Professional firms that want to survive will take control of the downturn. They will use it as an opportunity to improve the business because - in their hearts - they believe they are in control of everything that happens.
Those who do not survive are far more likely to feel out of control. The downturn -and everything it brings - happens to them and it is down to luck whether they survive or not.
Lastly, the most important point is good quality and service. No professional service firm can survive without trusting relationships with its clients and staff. If these relationships break down - if your firm chases short-term revenues over longer-term survival - damage is going to be done that will not be easily undone. No matter how intense the pressure, a professional that can continue to act professionally stands a greater chance of emerging from the downturn with reputation and client base intact.
During the good times it is all too easy to ignore those who complain (staff and clients alike!). In a downturn it is even easier as dealing with their regular complaints saps important energy.
Yet these are the people who are telling you how to improve your chances of survival. They are the ones who are saying "this is getting in the way of you and I having a long-lasting relationship." They are also the ones who are focused on their own business, and are going to do the damnedest to survive themselves.
True, there are those who complain in the hope of getting a price reduction or because they have little else to do. But those who provide constructive criticism are offering you free advice - and you would be advised to listen to it.
All these are necessary for survival.
How to grabe opportunity to succeed for samll business
By: June Structured Settlement Cash – How You Can Get It Fast Cash payments in your solution? Good and evil Fast Cash Loans-An Ultimate Outcome Planning a business Business Plans For Non-Profit Organizations Cash advance loans- It is not a mystery anymore SEO Content Writing: Making Your Site Speak Positively About Your Business GreenPower proving unpopular with businesses Most Preferred Marketing Tools for South African Business Why is Online Banner Valuable for Businesses? Signature Loans No Credit Check-Get cash against your signatures Some Practical Business Simulations for 3G Online Marketing Tips for South African Small Business