How to Get Your New Business Off the Ground

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There are many challenges to running your own business. As an entrepreneur, you’ll act as manager, salesperson, order-fulfillment specialist, and even a designer and copywriter. And these are just a few of the many hats that new business owners might have to wear on a regular basis! The list of responsibilities (and potential stresses) for a new business owner can seem overwhelming at first, but it doesn’t have to be. Luckily, we live in a world with many modern advances, popular wisdom, and even some technologies that can make it easier than ever to run a successful business.

Here are some time-tested tips for new business owners that are helpful in today’s fast-paced business landscape.

How to hire employees

Hiring is on the rise among American small businesses. There’s no reason to do everything yourself, so once you reach a point where you can afford to bring on additional help, it can greatly free up some of your time to focus on more important tasks. In return, this can help your bottom line. During the hiring process, be sure to consider whether you will bring on contractors or actual employees (it’s important to know the difference). With tools like LinkedIn and direct-hire websites, it’s easier than ever to recruit new employees. If you’re not ready to hire, you could also use a freelancing website to find affordable contractors to help you with one-time or recurring tasks.

How to overcome setbacks, failures, and other difficulties

It’s inevitable that you will experience a setback at some point during your path to entrepreneurship. Unfortunately, many people view stumbles as “failures” and give up on running a business altogether. Don’t be discouraged so much that you give up on your dream. Instead, identify exactly what went wrong, what would have happened in an ideal situation, and what you need to do to fix the issue now and prevent it from happening again in the future. It’s a simple ideology, but applied when the going gets tough, it can give you the insight you need to move forward.

How to handle clients who don’t pay

It happens to the best of us. Luckily, there are a few things today’s business owners can do to protect themselves from this frustrating situation. One thing you can do is to make sure you always have a written contract. It should detail specific requirements and payment terms. If a client doesn’t pay, you may also consider taking them to small claims court. Lastly, you can hire an attorney, but this option can be costly.

When you’re running your own business, there will inevitably be things that don’t quite go according to the plan you had envisioned for yourself. Rather than viewing these moments as times of failure, you can brush off the shame, pick yourself back up, and consider it a learning experience. Then, armed with the new knowledge you’ve gained about running a business, you can continue the journey to becoming a successful entrepreneur.

Are you ready to take your new business to the next level with a passionate team of content marketing experts? Contact the Entraspark team today.