It’s Friday the begining of another weekend, and the Last Friday of the first half of the year. Today on Penzaarville business we are discussing 5 tips every entrepreneur should know. I know many of us are entrepreneurs or soon to be entrepreneurs given the current state of the nation. For everyone planning to start a business or have a business, here are 5 quick tips to help grow your business.
1.) Have a vision for your business.
The founder and CEO of Tumblr, David Karp, notes that an entrepreneur is someone who has a vision for something and a desire to create it. Keep your vision clear at all times. In order to know where you are headed, have a vision and goal concerning that business idea. It will help you stay focused.
2.) Choose a good brand name.
I know it’s easier to start a business and just generally choose a name for the sake of naming your business, but it goes beyond that. When starting a business, choose a brand name that clearly represents your brand. E.g if it’s a local food business, you’d rather want to go with a native name like “….Kitchens or restaurant” than a foreign name like “Mac Donalds Eatery”. Your brand name is the defining power of your brand. Less is more when choosing a name.
3.) Have a target audience for your business.
This is very important. Know the type of people you want to provide your service to and build your business around them.
4.) Have a strong online presence.
This is crucial to get your business out there to the right audience.The world is no longer in black and white, thanks to technology. Now you can get your business out there by creating a social media page for your brand. There are social media platforms like Facebook, Instagram and Twitter for you to sign up to.
5.) Advertise your products and services online.
While it’s good to have a business page online, its great to advertise your business to a larger audience. With the help of social media advertising and marketing brands like ours penzaarville Africa, amongst others. This would help get your products out to a wide range of people faster and easily.
Have a blessed weekend. Till next time.