3 Quick Steps to Easily Boost Your Small Business

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By: | February 22, 2019 | Tags: , , , , , ,

This post was contributed.

Your startup deserves only the best but you should still not go and throw money around, right away. It can be tough to find the balance between having a professional-looking business and bootstrapping your way to success, though, and actionable tips seem to be hard to come by.

setting up a business is easy, 3 tips

Image link: Pexels

It is, however, often a lack of money that stops most startups from taking off after a short couple of years and it’s important that you’re able to recognize where your hard-earned cash is best spent. Here is a handful of tips in terms of allowing your business to enjoy a quick boost while still feeling money-savvy about it.

That way, you’ll be able to get the best of both worlds and can feel confident that you’re managing its financing while still coming across as credible.

Setting Up a Business in 3 Easy Steps

#1 Have a financial plan in mind

If there is anything you should spend a bit more time on before launching your business, it’s mapping out a sustainable financial plan. Read up on everything you can, set aside money for emergencies, and allow your business to have a solid foundation before you start for real.

Sure, you won’t be able to make much money unless you start those sales – but if you start spending money too early, you might not be able to make up for it with your first sales. Have a look around the web to find a proper accountant for your company so that you’re able to safeguard it right from the start.

Keep a strict budget, invest money where it’s needed, and make sure that your merchandise is reasonable. Have a look at this speciality printer, first of all, to make sure that your very first stuff is both affordable and flashy enough to catch their attention.

#2 Buy your supplies in bulk

It is true when you do your weekly shopping for the entire family, and it is true when you buy office supplies as well. As these are things you’re going to buy more than once, it’s best to stack up the first time.

Printer ink, paper clips, pens, you name it; large warehouse stores like Costco can cover all your office supplies needs and will keep your budget happy too.

#3 Go for direct marketing

It is essential to market your business for it to be seen, but have you gone through all the options? You could end up paying for a lot more than you need, at least at the moment, and some alternatives are more affordable than others – which is just what you need as a startup.

Market your business organically through social media; it doesn’t cost you anything and also helps you connect with a larger network. It’s the kind of thinking that will get your business ahead and where it needs to be in order to succeed, in the end.

This post was made possible by the support of our readers.

Readers, please share so start up business owners discover these tips for setting up a business.

This post reflects the opinions of the author and not necessarily Janice Wald or Mostly Blogging.

  1. PurpleSlob

    Hello BBFFJ, sorry I’ve been so long ago. Will explain in an email.
    I’ve made $3 so far with Amazon associates! Woohoo!!
    And I haven’t incurred any costs yet, except for the domain, and hosting!
    So, I’ll be a blogonaire in short order! lol (I think I made that word up. Haven’t seen it anywhere.)
    Love, BBFFM

    • Janice Wald

      Blogonaire, I love it! Copyright it, LOL! I got your email and really appreciate it. Congrats on your $3.00. You can’t make a million without starting with the first 3 dollars.
      Thanks for writing.
      BBFFJ

  2. Srikant Kumar

    Thanks for sharing 3 simple tricks. It helps to understand tricks to gain high revenue. Keep it up. Thanks.

  3. Gaurav Kumar

    Hi Janice,

    When it come sot choose between business and job people tend to choose Job because they are too afraid to taking risks. People are also afraid of facing challenges.

    People fail to understand that running a small-mid level business is not a rocket science. All they need to follow this advice that you have shared here.

    Thanks!

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