Top 10 New Year’s Resolution for Small Business Owners

Clare Earle - Wednesday, January 11, 2012

It’s the start of the New Year and millions of people around the world are reflecting on 2011 and are making New Year’s resolutions that will make them better, slimmer or healthier. As a small business owner you can also make a ‘corporate’ new year’s resolution for your business. In our next blog entry, we will share with you what Piranha Designs has promised to achieve in 2012. But now, let me share with you, what I believe, are the top 10 New Year’s resolutions for small business owners:

  1. 1.Support Other Small Businesses

As a small business owner yourself support other small businesses by switching one of your current providers or suppliers to a small business!

  1. 2. Focus on the Growing Mobile Community

It is a known fact that more people are using their mobile phones to surf the internet and that this is a growing trend. You need to make sure that all your online marketing strategies are mobile-friendly. Have you ever tested how easy it is to navigate through your website via a Blackberry, iPhone or Android?

  1. 3. Put yourself on the Map

It is also true that more and more people are using the internet to source out local businesses; so make sure you can be found easily on Google Places, Bing maps, and Yahoo maps.

  1. 4. Share the Workload

As a small business owner your time is precious so reflect on where your time and effort is most fruitful and focus on that! Then pass on all the other tasks (admin tasks, blog updates) to other staff members or consider outsourcing. 

  1. 5. Socialise More

Chose a social network that will be used to market your business, there is a wide selection (blog, facebook, twitter, google+, LinkedIn) so make sure you pick the one that best suits you. If you are already using one of these social networks either commit to utilising it further to promote your business or chose a new network to take full advantage of.

  1. 6. Refresh Your Website

Do not fall into the trap of focusing on your facebook account and neglecting your website. There is no point in having an up-to-date facebook page that leads to an out-dated and inaccurate webpage. Remember to keep the content and look relevant and engaging!

  1. 7. See Your Staff as Your Customers

If you see your staff as your primary customers you will start to praise them and treat them even better than you are now. This will have the knock on effect of having a happier and more motivated workforce which will lead to higher productivity and improved customer service!

  1. 8. Prepare for the Tax Time

Make a commitment to yourself that you will have all the relevant paperwork in an organised fashion at least 3 weeks before the tax deadline; this means that you can avoid the mad rush and stress of getting all the paperwork ready at the last minute.

  1. 9. Socialise in the Real World

Online socialising should not replace real world socialising; instead they should complement each other! You can find very valuable clients or providers by socialising outside of your normal circles. Perhaps attend a conference or join an association. 

  1. 10. Treat Yourself to Some TLC

As a small business owner it is very easy to work yourself too hard and reward yourself too little. So make sure you treat yourself regularly with leaving home early one day or treating yourself to a day at a spa.

Remember to look at our blog over the next few days so that you can find out what Piranha Designs New Year’s resolution is for 2012.  

More people buy from the experts. Are you an expert?

Piranha Designs - Thursday, June 09, 2011
On the web there are some websites that sell everything. Amazon and ebay are the biggest ones. These sites are hugely successful.

However there are also a large number of businesses that seem to offer a load of different services. This can be rather confusing and not as beneficial as it sounds. As business owners it seems good to have as many bases covered as possible, but as a customer this is not always the case.

Let’s imagine you are looking to buy a fountain pen.

Now you search online and you find many different websites selling fountain pens. One of them is a stationery site that sells thousands of products, it has good prices and looks interesting. Now you check another site and see that this one is a fountain pen expert site. It is a store focussed on fountain pens. They have a lot of information, good prices but above all they know their stuff, and that’s all they sell.

Who would you most likely buy from?
The stationery site that happens to sell fountain pens? Or the fountain pen expert?

On the web it pays to be an expert. There are many people out there who claim to do everything. It is often better to claim to do very few things and do them really well.

Can you focus your website a bit more? Can you perhaps make multiple sites each of them concentrating on one area of your business? Analyse your site, do your visitors know what you do straight away, and are you portrayed as an expert?

I don’t know about you, but I prefer to buy from the experts.

Looking for Investment? Try Angel List

Piranha Designs - Thursday, March 24, 2011
Sometimes you have a great idea, or your business is expanding but you could really do with a financial boost to reach the tipping point. (This is the point where you become truly successful). Nowadays it is not that easy to find investment, although there is still a lot of money out there waiting for a good project.

There is a website which puts start ups and investors together, almost like a very mini facebook for investors. Here quite a few venture capitalists and investors check all kinds of ideas and projects and choose the ones they are interested in.

It is well worth taking a look, especially if you have a great idea but need the funds.

The website is called Angel List and can be found here: www.angel.co

Cashflow and the Real Estate of the future

Piranha Designs - Wednesday, February 23, 2011
Cashflow is the key to success in personal finance. Monthly income is the best way to go. If you have ever played Cashflow 101 from Robert Kiyosaki, you will know what I mean.

10 years ago property was the best thing to own for cashflow. Especially a property that you bought for a relatively low price, could rent out at a lot more than the mortgage, and eventually sell for a tidy profit.

Recently property prices have increased so much that these gems are very hard to find.

There is a new real estate emerging, the internet real estate.

Internet real estate is similar to commercial properties, it depends where they are, what kind of footfall (traffic) they get and how appealing they are. Websites have the potential to draw in higher monthly incomes with a lot lower outlay at the beginning.

McDonalds restaurants sell hamburgers but they are in the property business, renting or owning prime locations all around the world.

What is a prime location on the web?

A top Google ranking for a popular keyword is like being in Times Square. With thousands of customers knocking on your door, this is a very valuable position and can be extremely profitable.

You can build a website and get it high up the rankings and own this important real estate, or you can actually buy a website that is already in a good position.

There is a website that focuses on flipping websites, much the same way people flipped properties a while ago. This site allows you to buy websites and some whole businesses many with established cashflow.

Its quite interesting check it out: www.flippa.com

Recent Posts


Tags


Archive

Follow Us

We’d love to hear from you and answer any questions you may have.
Send us an email, stay in touch and follow us on facebook/twitter/linkedin.