If you’re looking to run a small business, Rafferty Pendery knows that things are not always easy. After all, the people at Rafferty Pendery very much know the pitfalls that small business owners can all too easily run into. But fortunately, the people at Rafferty Pendery and Rafferty Pendery as a whole is very much dedicated to finding strategies to help out small business owners – to help them become as successful as they can possibly be.
First of all, let’s take a look at why small business is so important all throughout the United States. For one thing, it’s incredibly widespread. In fact, more than 99% of all businesses based here in the United States are small business, amounting to well over 28 billion small businesses found from coast to coast and everywhere in between as well. Small businesses help to bolster up local communities and provide quality services that many people are very much in need of. When you support a small business, you are putting your money to a place where you are supporting the people that run the business as well, something that is just not true when it comes to larger corporations. Smaller businesses, therefore, and truly small scale business operations, are hugely important for everyone to frequent. Their success matters, as Rafferty Pendery knows very well indeed.
And starting a small business has become easier than ever before, thanks to the world of technology that we now live in and have access to. Starting a business from your very own home is something that just about anyone with internet can do, as a matter of fact. And as more people than ever have readily available internet access, more than 65% (around 69%, to be particularly precise) of all people will actually utilize their homes to open up their businesses, starting operations from their homes when their business first opens its (metaphorical, in this case) doors.
But there are issues that any small business can face, particularly when it is first up and running. After all, up to one fifth of small businesses will close within the first year, according to data that was gathered in the years of 2014 and 2015. Issues with cash flow can make up a big part of the reason that so many small businesses must ultimately close so early on in the game. In fact, of all the small businesses and even businesses in general that close, as many as 82% of them will close due to issues with cash flow and cash flow alone. Getting help from a company like Rafferty Pendery can help to avoid such issues, as can proper budgeting and financial advice when it is necessary.
Of course, adequately getting your brand out there is key as well, and there are a variety of marketing techniques that can be utilized, from digital marketing to even print marketing and on site and off site signage alike. In addition to this, not being afraid to really get your company out there is also important. For many people, however, this might prove to be at least a little challenging due to a fear of public speaking. Public speaking is, after all, a common fear to have. As a matter of fact, up to 75% of all people deal with this fear at least to some extent, though certainly some cases are much more serious and severe than others are. Taking public speaking classes can help you to overcome this fear, as too can simply getting out there.
Taking advantage of resources also helps. Tips for entrepreneurs and specifically tech entrepreneur advice can be found on the typical tech entrepreneur blog. Such blogs will also help with issues regarding common entrepreneur mistakes, which are all too easy for new business owners to make. Finally, the process of trial and error will also simply have to play out as well, as this will help to learn what works – and what really does not. Making mistakes is part of starting anything new, even a business. It’s all about learning from those mistakes in the end.