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Big Challenges Of Small Business Essay

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Big Challenges for Small Business: How to deal with them and grow
It’s not easy on small businesses’ owners, especially not in the part when a huge challenge is thrown at them and nobody see that coming. It’s true that every owner enters a business aware of some of the challenges which he/she may have, however most of the hardest challenges happen during the process of working and if we don’t solve it quickly and effectively, then failure is just around the corner.
However, it’s not as bad as it seems, even though it’s tough on every owner and probably the employees will feel it too, there isn’t a problem that can’t be solved with good marketing, great management and a lot of patience on your part. Presenting the top challenges that you should expect when running a small business and most importantly, learn how to deal with them and still grow:
MONEY, …show more content…

It’s always good for small business to have regular and satisfied clients, but considering the competition nowadays, as well as many other personal factors, it’s always best to work on increasing your customer base, regardless of the size of your business. Attracting new clients can truly be a challenging, however extremely needed. How can you find those new clients?
How to overcome this challenge: Well, the best and most effective way to start is by using your already existing and satisfied clients. Those are the people who would be glad to recommend your business to their friends, neighbors or closest family. Every business will find great value in their existing clients and their referrals will be a stepping stone towards new clients. Another way is to determine the type of clients ask for your product or services, in this manner you can easily find your potential client and offer him your services or

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