How To Grow Your Business

Table of contents:

How To Grow Your Business
How To Grow Your Business

Video: How To Grow Your Business

Video: How To Grow Your Business
Video: How to grow your business in 2021 2024, November
Anonim

You managed to create and promote your own small business, for example, a shop near your home. However, he brings, let's say, a small profit, and you have to work a lot. Plus, you feel like you're capable of more than just being the owner of a grocery store. How to develop further?

how to develop a business
how to develop a business

It is necessary

Become a frequent visitor to the bookstore. Almost in any bookstore now you can find a lot of useful literature for entrepreneurs. Also, don't forget about the Internet

Instructions

Step 1

Let's look at an example of developing a small store. Actually, the more goods the store sells, the more profit it brings. How to increase sales?

First, change the assortment of goods. To do this, you need to analyze who and why most often comes to your store. Who lives in the area where he is located - a wealthy public or not? What shops are nearby? Are there many large chain stores nearby? If from large stores there are only expensive ones like "The Seventh Continent" or "Azbuka Vkusa", the widest range of mid-price goods would be a safe bet (unless, of course, your store is located somewhere in the Rublyovka area). Exclude from your assortment what is not in great demand.

Step 2

Second, what are your opening hours? What about your competitors? If convenience stores have not yet opened nearby, let yours be the first. Conveniently, convenience stores should have more convenience stores, as they are often used by those who return from work late.

Step 3

Third, keep a close eye on the sellers' work. Create a cozy, friendly atmosphere in the store. Even in a small store, service is very important. Sellers who have been rude to a client at least once should be fired without regret. Your reputation is more valuable.

Step 4

Fourth, seek discounts from suppliers. Why pay more when you can pay less? The more money you save, the more chances you have in the future to open a couple more stores and create a network, or open a completely different business, depending on your desires and market conditions.

Step 5

Read books on business, visit thematic sites, communicate on forums and sign up for seminars. Yes, it also costs money (as a rule, good seminars are expensive), but you can learn a lot, understand how to put it into practice and develop.

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