Startup Business Tips That You Aren't Doing - But Should Be!
When it comes to your business, size matters. Maybe not so much the size of your business itself, but what about the size of your profit? Listening to how others became successful with their companies, may not always be the best fit for your business. Understanding where your business is and how it fits into the scheme of things is very important to make sure that you are going in the right direction. Read on for 5 startup business tips that will help you do just that!
Check out the summary of last week's business tips and motivational quotes from my Instagram page which you hopefully got to see in real time! If not, let's make sure we're following each other on Instagram!! So...here is the round up of Instagram images of My Top Business Tips and Motivational Quotes.
Tip #1:
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"Think of these expenses as clues, and yourself as a detective who's trying to find the clues and solve the mystery."
Tip #2:
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"When you really start understanding just how high your expenses are, it's a no-brainer to adjust your fees to cover them."
Tip #3:
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"Through expense coding, you can determine which elements of the business to eliminate."
Tip #4:
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"Tracking your time is the single most effective thing you can do to turn your company around and put more money in the bank. Period."
Many people overlook this as one of the most important small business tips, because they figure that it only applies to medium or larger size businesses. Don't make that mistake.
Tip #5:
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"Setting parameters to cover unexpected hidden cost is just like setting parameters to cover your unexpected demands on your time."
The Bottom Line? I want YOUR startup business tips!
What parameters do you set in your line of work? Do you find those helpful? What is your favorite tip on how to handle business expenses? I would LOVE to hear from you!
Anyhoo...I publish these business tips and motivational quotes to get you fired up for your work week!
xoxo M
P.S. Want More Business Tips?
Check these out:
10 Small Business Strategies From LA
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