Starting a small business is hard. And in today’s economy, getting the most for your money often equates to the creative distribution of your financial resources.
That’s why so many entrepreneurs and small businesses are inventing ways to bootstrap their operations. Luckily, there are a number of affordable tools and strategies that cost little but deliver big, which is ideal when your business is on a budget.
As a provider of business services and entrepreneur myself, here are five resources I’ve found that are currently working well for small businesses.
- Inventive marketing – Generate interest in your business through creativity. For example, try promoting a contest like The Royal Society of Chemists.
Small to mid-sized businesses have unique challenges when it comes to managing projects. SMB’s often don’t have the processes or systems in place to efficiently support the current size of the organization or its future growth, so projects are critical to future success. At the same time, SMB’s have limited resources and small training budgets which can adversely affect projects. SMB project failure can result in investment dollars and staff time down the drain, not to mention disruption in your organization. Don’t jeopardize your operations and profitability.
