When starting a business there are a whole host of challenging challenges to face. However, this doesn’t mean that you have to face them without any help — there are always going to be services, platforms and initiatives out there that are willing and waiting to help. In this day and age, there are now more places to find help in the world of business than ever before, and a few of them can be found below.
There are a plethora of online platforms out there that are willing and just waiting to help your business. Instagram can help improve your business sales, for instance, by offering up a whole host of different ways to expand your business’s reach. Some of these ways include: the fact that you can grab anybody’s attention just by tweeting your post to their liking and tagging certain things, i.e taking a photo of your product in the park, tagging #park and then waiting for any park lovers to find you and your product; the way that you can actually show your product in the the environment it is meant to be used, either via photograph or via short video; and the ways in which you can tell a visual story of your business and its products by uploading a series of photos. This shows that there are platforms and services out there willing to help, and can even do so for free. You should always seek to get assistance when it comes to any online queries that you have or ventures that you are taking, especially when you don’t really understand what to do. You should always seek the help of a managed IT services team to ensure that your software and hardware are all up to scratch.
If it is financial worries that are proving the biggest challenge to your business, then fear not as there are also services and initiatives out there designed to help in this sector too. For example, business loans are attainable to ensure that funding your business isn’t a challenge that needs to disrupt your everyday business or one that you need to worry about. Business loans offer an answer to any cash flow problems you may be having, or to just make sure that your cash flow is steady as you undertake other tasks such as marketing or the distribution of your product. There is also such a thing as factoring, and that should most definitely be factored into any financial solution plans that you are seeking if you haven’t done so already. This is a viable solution that can offer a quick solution to any debts that you owe, whether they be employee expenses or customer orders, as you trade outstanding customer invoices for money. Factoring is a transaction where a third party, known as factor, takes said invoices off your hands and chases the payment of them themselves, meaning that you can receive the expenses owed to you in a timely fashion
You should also seek to find help in the everyday running of your business by first hiring employees and then delegating jobs to them. Hire a crack team of experts such as an accountant, a financial advisor and in-house lawyer so that you don’t have to spend every hour of your working day trying to work on jobs and aspects that you aren’t professional trained in. If accountancy isn’t your forte, then why waste hours on trying to optimise it in your business every day when you could be dedicated your time more fruitfully in another area? But you shouldn’t stop with hiring just this team of professionals, you should hire as much staff as you can afford to in general so that you have more options for the delegation of jobs. If you have staff that aren’t contracted rather than those that work on zero-hours basis then you can delegate odd-jobs to them without having to worry about paying more per hour. Check out these tips on how best to successfully delegate.
So, in this day and age, the excuse that there ‘wasn’t enough support on offer’ in regards to a failing business is simply not one that can be used. The most important thing to remember is that, once you find help, that you are not too proud to seek assistance from them. There is no sign of weakness or shame in allowing for somebody or a service to help your business out. In fact, without help, your business is likely to fail.