Business Excellence

Level Up Your Business Skills 1:

30 ways to better understand your current small business situation and plan for the future

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Level Up Your Business Skills 2: 

Access your current situation by doing a SWOT analysis

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Level Up Your Business Skills 3: 

Make sure you have a comprehensive and up-to-date business plan

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Level Up Your Business Skills 4: 

Do a competition research and compare how well they are performing against yours

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Level Up Your Business Skills 5: 

Routinely conduct market research so you don’t miss out on the latest market trends and influences

 

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Level Up Your Business Skills 6:

Set a benchmark for your business to perform better than your closest competitor/s and/or other small-size businesses

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Level Up Your Business Skills 7: 

Figure out your KPIs and prepare a plan that helps you achieve them

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Level Up Your Business Skills 8: 

Learn the art of pricing your products/services to sell

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Level Up Your Business Skills 9: 

Diversify your offerings but carefully 

 

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Level Up Your Business Skills 10: 

Attend seminars, webinars, and conferences for small businesses

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Level Up Your Business Skills 11:

Go social and global even when you are a local business 

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Level Up Your Business Skills 12:

Identify the risks and manage them timely

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Level Up Your Business Skills 13:

Improve your business operation in a way that is not ‘founder dependent’

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Level Up Your Business Skills 14:

Have a good business credit rating

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Level Up Your Business Skills 15:

Make sure you have at least 3-6 months of expenses as a cash reserve

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Level Up Your Business Skills 16:

Prepare a budget and stick to it no matter what

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Level Up Your Business Skills 17: 

Learn why small businesses fail and make sure you do not make those mistakes

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Level Up Your Business Skills 18: 

Be ready to adapt to changes

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Level Up Your Business Skills 19: 

Use your customer feedback to improve your offerings

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Level Up Your Business Skills 20: 

Reward your recurring customers to build a loyal customer base

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Level Up Your Business Skills 21: 

Use upselling and cross-selling strategies to increase your revenues

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