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Monday, July 30, 2012

Surviving in a Tight Economy and Competitive Market

Here is a list of 30 recommendations for small business entrepreneurs for increasing the possibility of surviving in these conditions.
  1. Be Unique.
  2. Be positive.
  3. Be honest.
  4. Continue with value shipping to the customers.
  5. Ship everything that you promise.
  6. Learn from failing.
  7. Mistakes are your best source for learning.
  8. Increase your expectations and work to achieve them.
  9. Think strategically.
  10. Identify your target market.
  11. Focus on your target market.
  12. Adapt to changes in your target market.
  13. Ask yourself: Who Your Customers Really Are?
  14. Motivate you and your employees.
  15. Continuously improve each business process.
  16. Document each improvement process.
  17. Use Up-sell with right products or services.

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