Three Simple Steps Every Small Business Owner Can Take To Make More Money

Every Small Business Owner Can Take to Make More Money

(Without Spending a Dime!)

Anyone and everyone who has ever started a small business knows that you have to spend money to make money. Where it gets hard is when you don’t really have any money to spend in the rst place.

Does that mean, that whole “making money” dream is out?

Of course not!

I’m a big believer in spending as little as possible regardless of where you are in your business because, let’s face it, every dollar counts. Think outside the box! When it comes to growing your business, know that there are plenty of free things to do to get more money in your pockets.

BY TARYN JEREZ

#1 GET ORGANIZED, YESTERDAY!

When it comes down to it, small businesses have a lot on their plates at any given time.

The rst few years of being a small business owner, I realized my secret weapon wasn’t my degree or my experience, it was being organized!

Do yourself a favor and start making to-do lists, keeping a weekly planner, and setting goals because when you are organized, you are empowered to be a better business owner. Staying on top of your schedule and having a strategy will help you feel more focused and be able to concentrate on customers and clients. It can also help you to avoid making mistakes and overlooking things which can really hurt your business, especially if you are rst starting out. Remember – as your business evolves, and new things arise, you’ll want to schedule some time each week to stay on top of your game and keep everything organized and fresh!

#2 EXCHANGE & BARTER FOR BUSINESS RESOURCES

The small business world is so incredibly connected and collaborative. You just have to nd your people and put yourself out there! If you are at a time in your business where you feel there are resources that you’re needing and don’t know where to turn or what you can afford, never be afraid to reach out. So many people attend networking events but never truly grasp the real concept of networking: building relationships you can lean on in your business.

If you need a logo design, see if a graphic designer is interested in providing their services in exchange for yours. Wish you had a certain piece of software or equipment in your of ce? Find out if you can borrow it from another entrepreneur or nd out if you could barter with the company in exchange for something else. Just remember not to take advantage of someone’s generosity and willingness to partner, and always show gratefulness!

#3 FOCUS ON THE BIG PICTURE

More than likely you are juggling several different responsibilities in your business and have come to the conclusion that no matter what job title you have, it will never represent everything you actually do. That’s because most of us are busy being all things to all people, nearly all the time!

Step back from things for a short time to take in where your energy ows best, what your customers’ needs are, and where the highest income opportunities in your business emerge, and go from there. When you take time to hone in on where your time is best spent it will gear you towards the things that bring in the most money for your business. Get focused and give yourself permission to reevaluate a few times per year as things build momentum!

Lewisville Laser & Aesthetics