5 things you're doing that is slowing down your business growth

📌Not doing a proper business research: Starting a business without a clear plan or goal can be daunting, starting with no research can even be worse, make calls, go to the market and do some surveys, check the buying and selling price, buy from your competitors, have a mental picture of where and how you want your business to be, write down strategies, think, don't just jump because others are doing it and they said it's paying. It might seem too much but trust me it's worth it especially if you don't want to keep beating around the bush as a Business owner.

📌 Depending on just your family members and friends to buy from you: there's only little your family and friends can do to make your buisness grow especially if you're concerned with your numbers. Run ads if you can as a newbie, meet new people, get your products to strangers( they make the best customers in the long run).

📌 Spending all of your profits without re-investing into the business: Your buisness is your baby and it only grows till the extent you let it, if possible, do not depend on your buisness for any income at the starting stage, re-invest into getting more customers, into better equipments, into materials to serve more customer base, your buisness is only but a baby and needs to be nurtured at this point.

📌Not balancing the line between acquiring new customers and old customers: it's important to note that while you're chasing new Customers or potential customers, once in a week, call or chat up that old customers, check up on them, build a relationship with them in a way that'll make you the first or only person that comes to their mind when they need a particular product(s).

One last and important bonus
📌Keep to your promises: don't make them feel cheated, deliver on your promise, be truthful and transparent in your dealings, don't be greedy to the point you deceive your customers ( it will totally kill your business in the long run).



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