Starting and running a small business can be both challenging and rewarding. It can be especially difficult to win in a competitive marketplace, but there are certain small business strategies that you can employ to give yourself the best chance of success.
A CRM can help a business keep track of customer contact information, past purchases, and any other data that could be useful in improving customer relationships. However, if not implemented correctly, a CRM can actually do more harm than good. Here are the top 5 common CRM mistakes to avoid when implementing a CRM.
Receivable management is a critical process for small businesses, as it helps to ensure that cash flow is maintained and that late payments are avoided. Unfortunately, many small businesses fail to effectively manage their receivables, which can lead to financial trouble.
Starting and running a small business can be daunting, especially when competing against larger companies. In a competitive market, competing against larger businesses and other SMEs, what are the best small business strategies?
The best of businesses and products need marketing to succeed. When larger businesses and your competitors are literally bombarding customers with promotions, offers and marketing, you cannot sit silent waiting for customers to walk in. How do you pull customers? Your small business needs promotions and marketing support. With lack of both resources and budget, how can you promote a small business for free? Yes, it is possible. This is how we can promote a small business without breaking the bank.
Small Businesses are credited as the engines of job creation. Creating jobs positively impacts families, the community and the overall economy.
The competition is getting tougher. The barriers to entry for a lot of businesses are being either eliminated or reduced by a large extent. So how can a small business survive competition?
Quite often, small and medium businesses lose their focus as they spend a lot of time planning a strategy. The complete plan often does not see the light of the day.
At an early growth stage, at times the mantra is to “Keep it Simple”.
Small business owners, independent consultants and freelancers often look for FREE or budget friendly options for their business requirements. todo.vu claims to bring all your customer management and project management into one place, with built in time tracking and billing.
Data collection, integration, analysis have become critical for success in sales. This has made CRM software immensely popular in the last one decade. There are plenty of options available, both free and paid. How do you choose the most appropriate CRM for your small business?