Be the Hero for Your Small Business
Lisa Simons
Marketing Manager who drives engagement and conversion through stop-and-take-notice copy and content.
4 Quick Tips for Lowering Costs for Your Small Business
With costs rising over the last few years, small businesses are looking at ways to increase profits. Here are some basic tips:
Be Collaborative and Flexible
Vendors and suppliers have been hit by inflation and they may have experienced staff turnover. ?So, working with them and showing them the gift of grace is key and they in turn are likely to do their best for you. Develop your relationship by asking “How can I be the best customer for you?”
Take a Different Road
Do some research and see what other similar businesses are doing and how yours can do it better. Talk to your customers, see what their needs are, and don’t be afraid to pivot as needed. This is bound to increase sales.
Your Business Flavor
This has nothing to do with taste, although your brand’s message should be tasteful. ?What are some features that only you can offer consumers? Emphasize those stand-out points in your communications to gain customers.
Consider Options
An effective financial planner or accountant can help your business adjust its financial strategy. Also, additional grants or loans may be available from the U.S. Small Business Administration. If there is an association affiliated with your business, they may also be able to help explore options.?
Lisa Simons is a Marketing Specialist, Manager, Writer, and former Small Business Owner. #smallbusiness #cutcosts #gaincustomers