Small Business in a Big World

February 11, 2010

Examining Basic Principle of Small Business

Filed under: Uncategorized — itbiznez @ 5:11 am
Tags: ,

‘[tweetmeme source=”lone_biz_owner” only_single=false]’ Entrepreneurs are often overwhelmed with the demand of work in managing the business that they tend to neglect the basic principle of small business. One factor that would make your small business stay on the limelight is the consistency of reviewing the basic principles. This basic principle is giving value to your customers. Are your customers satisfied? You should ask yourself this question everyday. The shining and shimmering advertising and marketing campaign is nothing compared to customer satisfaction.

The two fundamental principles that you must examine are the concept that every action you make has an equivalent consequences and the future behavior depends on the consequences of the past.

Winning a customer depends on how you reward your customers for being customers. If the potential buyer visits your business and can’t get any value from your business, then they are most likely to spend their dollars with your competitor. If customers feel that they have a great deal with your business, they will just keep coming back.

Quality and sincere service are the keywords. And only few businesses are using these principles. Are you one of them? If not, then you should strive to implement these principles.

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