8 Business Ideas to Sustain Success
You have been in business now for many years and are running a successful business with lots of clientele and profits. Your business has become the staple of your neighborhood and you feel great about its future. As you begin to think about sustaining your successful business, you understand that things today are different than when you first started out. Social media is now a big idea for a productive company’s future. Also business apps are just as big for companies to own. Every well run company also needs to have a well written business plan that shows the company’s current growth and productivity and what the goals of the company’s future will look like. The business plan needs to have the company name, products and services, profit margin, whether the company is in the red or black for each fiscal year in business and other pertinent information. Your business plan should be like a road map or table of contents with specific details of your goals and how your company will get there.
Here, I have outlined 8 ideas for you:
1. SOCIAL MEDIA WEBSITES
One of the biggest ideas you can have for your business is owning your own social media website. While there are many of them out there, some of the most popular websites include: twitter, Facebook, Instagram, Linkedin and Youtube. These social media websites help you to create for your business while spreading your products and services to millions around the world. These websites will allow you to get up close and personal to well known celebrities, business people and visionaries who can help you with developing ideas for your business. As you begin to network on each social media site, you will see your followers grow. As they continue to grow, you can send your business information out to those who are closest to you in your groups.
2. GET AN APP FOR YOUR BUSINESS
As you begin to think up a plan for your ever popular business, you can begin to put things together on your company’s business app. Professional mobile app development says that creating apps today can be as simple as writing arithmetic. Your company’s business app will allow your consumers to tap into the most important parts of your business. Consumers will be able to visit your app and see what are the current happenings within your business. The app can hold your products and services, a history about your company, important dates that consumers need to know about sales and discounts and other important things about your business that you want the public to know.
3. PRODUCTIVITY PRIZES OR A COMPANY OUTING
As you begin to think about your employees and how great they are with helping your company to run smoothly, think about giving them prizes for the highest number of sales, fastest turnaround time, most courteous and who brings in the most number of customers and who brings in the most repeat customers. These are all fun games to play for your employees that will help to generate business for your company. Make sure that your productivity prizes are nice enough to really make your employees want to work hard to get them. You may want to do this every month and then have a grand prize at the end of the year.
Great employees are those who feel good about their work environment. One of the best ways to do this is to show appreciation by having an annual company picnic or outing. Camaraderie and competition are two of the greatest things that employees want and need. You may want to have a baseball game during your picnic or pin the tail on the donkey. Fun games in the spirit of competition will bring your employees closer together while showcasing their competitive spirit.
4. CROSS TRAIN EMPLOYEES
When your employees can do multiple jobs, it makes it easier on everyone. Cross training is a concept that has been around for many years. Helping salespeople to understand the roles of the clerks, cashiers and customer service representatives, helps people to learn multiple skills. During the busiest times of the year, when business is booming, cross training also allows other employees to step in and help out in other areas as needed.
5. BRING IN A PRODUCTION OR BUSINESS ANALYST
Sometimes it is best to have a business analyst come in an interpret where your business is and where it is going. The business analyst will do an assessment of your business and its growth and tell you what should be expected in the next 1-5 years. Once you know where your business should be going and what areas and/or departments that should grow quickest based on consumer sales, you can better prepare for your company’s growth by adding the necessary inventory to handle your company’s growth spurt. In other words, your company’s supply and demand should be in balance and adequate for consumers buying in the market.
6. HIRE A CONSULTANT
As your company begins to grow, you will need to know more about the ideas of your business plan. Every stage of your business should have a plan for growth and productivity. You may want to hire a consultant to be on your payroll for questions concerning your business and what needs to be done to make your successful company even more successful. Consultants can give you daily, weekly, or monthly reports on ways to improve your business. While you are the owner and an expert in your field, it is always great to have the know how of a second opinion from an expert in your company’s market.
7. HIRE A GRANTS WRITER
If your business is a 501(c) 3 or non-profit and needs funding from outside sources, it is always great to have an excellent grants writer on payroll. A grants writer should be able to get you the funding needed to take your already successful business to another dimension. Your grant writer should have years of experience with writing the types of grants needed for your particular type of business. They should also know the locations of grants that can be obtained the easiest.
8. HAVE A COMPANY WEBSITE
In addition to using business websites on twitter, facebook and other social media, you will want to create your company’s own website. Your business website should reflect the company’s name, an about us history of the company, products and services, a contact us section and a customer service telephone number for questions and answers of consumers. Having your own business website allows your consumers or customers to have a main point of reference when buying your products and services.
As you begin to explore these ideas for building up and sustaining your already successful business, you should begin to see a positive change in the climate of your business and employees. Employees who are knowledgeable and who feel appreciated will usually be more productive. As your business continues to grow, your employees or team should also become more mature about what to expect in your business. Having your employees to understand each of these ideas and how they will help with growth and productivity for your business is essential in keeping your business foundation lasting and strong. Every piece of your company has its place. You must ensure that your employees and others involved with your business stay positive and work together as a team. As your employees build a family like team environment, the bonds between them will become stronger, allowing them to handle the most difficult tasks and situations.