Small businesses account for 50% of private non-farm GDP. The contribution is enormous by any measure. Small businesses can make a tremendous impact on the environment, improve their image and become more profitable all by going green.
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Tag Archives: small business - Page 2
Save money and improve image by going green
Crisis can be an opportunity
In these days of global economic crisis, small businesses and the self-employed may be poised to benefit if they can properly position themselves. The advantage of being a small business in this environment is flexibility, low overhead and less reliance on credit for capital. Large businesses tend to be rigid, have massive amounts of overhead compressing their margins and rely heavily on commercial paper and equity to raise capital.
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Find your niche and sell it
To be the best in one field is always a competitive advantage. If the field is specialized with growing numbers of potential customers who require your expertise, that makes the competitive advantage durable and creates tremendous opportunity for growth. The area of your specialty that coincides with a growing need in a strong selective market is called a “niche”.
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The true path to happiness is making others happy
Customer satisfaction is an important cornerstone of small business success. In many fields of business customer satisfaction requires the expertise to provide high quality, affordable, convenient and expedient services.
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