The Profit Puzzle

8 Tweets for Small Business Success

This set of small business @home tips focused on one Tweet for each of the small business basics. Can you identify the "Basic" for each tweet?

1. "A clear set of business objectives can free up your time and explode your small business profits."
2. "Quick reports are a mandatory small business management tool if you want to boost your profits."
3. "Do you know how much it will cost to finance the small business project you just started?"
4. "Don't take your small business personnel issues too personally - it won't get the job done."
5. "Small business Marketing Match Game : Problem + Customer + Product = Purchase."
6. "Equipment with the right ROI can save your small business operations time and money."
7. "Are your true production costs built into your small business pricing?"
8. "Are your products and services valuable resources used by other small business owners?"

A "Take Action" sheet is available to help you explore each Business Basic Piece and act on those small business pieces you need to work on to optimize your success and profit.

Team Up to Start Up

Do you know all you need to know to succeed as a small business owner? Of course not, your success as a start up business depends on your ability to team up with other people and resources.

Build your start up team from as many different free and paid resources as possible.  Business associates, potential customers, the SBA and SCORE, your local chamber of commerce, books and magazines are all good and generally free resources.

Interview vendors and consultants and ask them what they can provide either for free or as part of their products and services. It takes time, but the value of Google is to search and review every topic pertinent to your start up business functions and your niche market.

TIPS Action Plan : Team Up to Start Up

You can’t know all or be all when it comes to launching a successful small business start up. Don’t be a one man team. Without a full course press involving a full team and the bench players your start up will fail to score the winning goal.

Small Business Know It All

Many aspect of starting a small business @t home seem obvious. Some people feel their idea will be enough to create success. Others just don't know they don't know. In all cases, if you want to have a successful small business start up don't be a "know it all" - the odds are against you.

Reading small business books and blogs that cover all the basics is a foundational step to success. Talking with other small business owners is very important. Moving your ideas and plans to a written form is critical.

The risk you take being a small business "know it all" is too learn too many things the hard way. You can preserve time and capital by letting the experience of other small business start up owners be the "know it all" - these odds will work in your favor.