Quick Business Tips
1. As a small business at the present, make sure your business goals fit your personal goals. If you want to be home by 4 PM and take long vacations, it’s unrealistic to set the goal of building a very large company.
2. Are Your Operations Socially Responsible? Socially responsible operations often lead to an enhanced bottom line and fewer problems with government agencies. You’ll impress many investors and lenders by incorporating socially responsible practices into your operations plan.
Do you have methods to reduce waste and excess energy use? Do you use recycled materials in production? Do your suppliers use sustainable business practices? While social responsibility is not considered a traditional aspect of operations, it often pays to highlight those practices that show you have thought about the impact your actions have on your community and environment.