How to Effectively Grow Your Small Business Into a Big Business

arkansas small business growth

You’ve had the idea. You’ve received the capital and resources to make that idea into a reality. You’ve started the business and hired the employees and have provided the service or product for a while now. You’re at the point when you’re established in the small business world. You’ve got a foundation. Your roots are strong in the ground and now it’s time to grow, to branch out. Expansion. It’s the word that every small business owner strives for. Whether that means it’s time to hire, time to move, to add to the product or service line, it means you can officially call yourself a success. But just like when you started out, growing requires a plan. It requires a list of things you need to do to make sure the branches you extend are as strong as your roots. Below are some tips to help you expand smartly and successfully.
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Managing a Seasonal Business

managing a seasonal business

While recently chowing down on too many pounds of crawfish, a conversation sparked up with the guy who runs the local crawfish hut famous for their spicy mudbugs. Crawfish season generally begins in March – depending on how mild the previous winter was – and ends on July 4th weekend. So, curiosity sprang up on where crawfish hut/shack/truck owners go and what they do in the off-season. The answer? “I go back to my regular job and work the nine to five.” Rather than quenching the curiosity, it only sparked more questions. What profession allows a 4 to 5 month break? Is this the case for other seasonal businesses like ice cream trucks, sno cone shacks, ski lifts, etc.? How much revenue do they have to pull in to stay float in the off-season?

After digging in, we found how these men and women stay successful and there are only a few minor differences from the year-round businesses.
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How To Manage Your E-Mail Inbox

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When you added your work e-mail to your new iPhone, did a part of you feel like you were throwing away any chance at peace and quiet ever again? That little chirp coming in every few minutes stating that someone or something else requires your undivided attention is enough to make your eye twitch and your blood pressure spike. But in your industry, it’s a necessary evil. You have to be on top of things; but in order to have the most productive day, the most intense focus, the best work results, you have to practice expert time management skills and that includes managing how much time you spend with e-mail.
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How to Market to Existing Customers

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We often find ourselves using family analogies when discussing our small businesses. In the case of discussing how to market to existing customers, we want to use you – the small business owner – as the parent figure. You’ve just had a new baby girl. You spent months preparing for this baby and you want to give her all your attention and care. But she’s not your first baby. You have another one who just turned 5. If you’re focusing all attention, expense, and effort on the new baby, what happens to the 5-year old? You see where this is going.

As a small business owner, you might have a tendency to focus all your attention on growing your client base. But in the meantime, your existing one starts to feel the neglect. There has to be a balance in the focus. So we’ve provided some tips on great ways to continue the marketing effort on attention on existing customers.
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How to Turn a Business Failure Into a Success

business failure into success

“I didn’t see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced with the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life.” – Steve Jobs

One of the most famous Steve Jobs quotes references the time he was pushed out of what was once his own company, Apple. While being fired marked the beginning of “one of the most creative periods of his life,” it probably didn’t feel like it in the moment. Stomach-churning, ego-wrecking failure is often a part of the entrepreneurial life. What marks those entrepreneurs that find a way to turn that failure into a business success is the ability to stop focusing on the fact that they did not succeed, and instead view the failure as an opportunity to learn, grow and become a smarter, better business owner than before. This is because failure forces you to …
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