Starting a Business: The First 90 Days

Once your door is open, the first 90 days of being in business set the foundation for success, make them count!

Here’s what to expect during the first three months of business;

First Customer – You aren’t in business until you have your first customer. This should be a priority during your start-up. Reach out to other business owners, friends, and family for referrals.

Master Selling – Sales are essential for business success. Take time to learn and apply new selling skills, using those new skills to close the deal with customers.

Make a Profit – Without profits your business will fail. Determine when your business will start to make profit and ensure your focus is on making profit.

Evaluate Pricing – During the first three months in business your assumption about prices to charge and expected profit will be challenged with reality. Take a good look at your price strategy. Don’t make the common mistake of offering the lowest price.

Set Quarterly Goals – It’s easy to get caught up in the day-to-day. Set short term goals to keep your business on track. Attaining these goals can mean the difference between failure and survival.

Reward Yourself – Recognise the energy and time spent to get your business off the ground and reward yourself. Taking time away from your business will recharge your motivation and ensure success for the next 90 days.

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