Throughout this week, our Supporting Small Business series has been looking at smart business tactics. Let’s wrap up the week with 10 key lessons for everyone.
Lifehacker’s Supporting Small Business series, brought to you by Bankwest, provides expert tips and helpful advice on how to effectively manage day-to-day tasks and grow your business. For more free online tips, tools and calculators for business owners, visit Bankwest’s dedicated Small Business website.
10. Learn to negotiate better comms deals
9. Use online resources
The online world is filled with useful resources that can help you grow your business. Get started with our roundup of five sites every small business should bookmark. Bookmarks picture from Shutterstock
8. Present with flair
If you’re looking to attract investors, a good presentation is a vital part of the package. Check out how to create a persuasive and effective investor presentation. Presentation picture from Shutterstock
7. Some advice can be ignored
Not all business wisdom is actually “wise”. Recognise the business myths you can afford to ignore. Image adapted from GalaStudio (Shutterstock).
6. Plan for growth
Growth won’t just happen — you need to plan for it. Pick up some strategies in our collection of tips from tech startups on how to expand. Seeds picture from Shutterstock
5. Use email effectively
Email provides a valuable resource for small businesses, but how can you make sure your message stands out from the crowd? This guide to email for entrepreneurs can help. Image adapted from Stux (Pixabay), Nemo (Pixabay), PSDGraphics.
4. Cashflow is still king
No matter what size your business is, it can’t function without effective cashflow. Here are nine tips to keep it under control. Cash flow picture from Shutterstock
3. Be methodical
Growth requires organisation and forward thinking. Use our checklist to identify areas you need to work on. Picture: Dan Goodwin
2. Use social media effectively
Just because social media sites like Facebook are “free” doesn’t mean they’re easy to benefit from. Avoid the most common small business social media mistakes. Facebook picture from Shutterstock
1. Maintain the passion
Passion will help you ride out the inevitable business challenges. Learn how to maintain your passion. Picture: Suedehead
Business picture from Shutterstock
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