Introduction
Small business survival is something that I, as a new business owner, am incredibly keen on discovering more about. You often hear about people who setup business after business after business. Originally I thought to myself .. why would they do that? It is only after experiencing setting up my own business for the first time that I have come to understand why. Already, with my limited experience, I can see what I would do differently. The things that I would need to prepare before hand, and the people I would need in my corner to help.
No-one goes into setting up a business with the idea that it is going to fail. Small business owners up and down the country pour their heart and soul into their projects, their products. However, like it or not, ultimately the business will grow and flourish, or it will stagnate and close down. So what to do to help your small business survival chances?
Finding your angle
One of the key things when setting up a business is knowing what your angle is. What sets you apart from everyone else. In my case I see it as the service I provide. The focus that I am trying to keep on the individual, the gamer, the modeller. I am not trying to branch out and have a million different things in my store at the same time. My plan is to do one thing, and hopefully, do it well. I am trying to take the frustrations I have at times had as a consumer, and address them with how I deal with my customers.
My Priorities
For now all I can do is remain focused on my key priorities:
- You people, the customer.
- Growing my backlog of stock so that things are available for everyone.
- Continue to engage with the community to try and help source what people want/need.
As part of that commitment my sales agent (who is awesome) keeps an eye out for me for anything that comes available that hasn’t already been bagged, or becomes free. That lets me try and continue to improve my stock breadth as quickly as possible.
Conclusion
So for the moment I will continue to focus on stock, and the community. Hopefully by giving back as much as I can, the business will build on top of those morals and keep growing.
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