Few activities in life are more challenging and exciting than starting a new business. So, if you’re determined to succeed, always accept advice from those who’ve been where you are now and know what often works best. Careful early planning can pay you back many times over later when your properly marketed goods and services motivate satisfied customers to tell others about your unique offerings.
By making the hard choices described below during your start-up phase, you can avoid many errors that often prevent hard-working people with great ideas from carving out a highly profitable niche in today’s marketplace.
The Key Early Decisions New Business Owners Must Make
Always Place a High Value on Customer Feedback – Readily Making Changes as Needed
No matter how good your in-house experts may be, your customers can often offer you invaluable information about how you may need to periodically change specific products or services. You should also ask them for their ideas on how you might improve your marketing efforts. Consider offering fee discounts to current customers if they’ll undergo brief interviews about your company. You might also simply ask customers to complete brief online surveys about your products and services.
If you’ll meet regularly with your co-founders and openly discuss problems as soon as they arise, chances are your new business will succeed.
Posted in Avoiding Common Mistakes, Business, Business Formation, Caution
Tagged #avoidingmistakes, #commonmistakes, #employees, #employers, #houstonbusiness, #knowledgeispower, #murraylobbattorneys, #new, #startingout, #texaslaw, Business, Houston, HoustonLaw
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