Friday, 15 June 2018

Small Business Owners: Overcoming Challenges

There are many challenges out there that impeded the progress and growth of small businesses, and it can be hard for an entrepreneur, who already wears so many different hats, to overcome them. We at Primasia Corporate Services would like to outline two effective courses of actions small business owners and entrepreneurs can take to overcome challenges whilst running and growing their business.

Since 1987, Primasia Corporate Services has been helping overseas’ large and small businesses, as well as startups, to expand to Asia, especially Hong Kong and China. We are known for our highly qualified and experienced staff, for offering tailor-made corporate solutions, and for assisting international companies (of all sizes) by supplying an entry point to Hong Kong and China and helping to successfully establish your business here along with handling and organizing all the confusing tax and establishment paperwork.

Long-Term Planning
Yes, it is important to stay on top of daily operations, but strategizing (i.e. planning ahead) is just as important. By looking ahead your business can engage in business opportunities you might otherwise miss -- from planning and promoting holiday sales, to developing new products to meet your customers changing needs, to keeping better track of your finances.
The easy solution to this is to create a schedule, set aside time each week, month or quarter (whichever best meets your needs) to review your long-term plans, upcoming sales opportunities, review your finances and take stock of your customer base.
Bonus Tip: Check out reviews of your products online to see what’s going well and what can be improved upon.

Marketing
The majority of small business owners are not marketing professionals-- but nearly all of them do some part of their marketing themselves. Marketing can be difficult to master, but don’t give up! When trying to grow your business, it can be easy to lose one’s self in the busy day-to-day work and let marketing slide to the side. 
Instead of making marketing an “all or nothing” endeavor, try taking small, consistent steps each day. Whether it’s a few minutes spent tackling social media, to planning an upcoming sale and to designing your marketing materials (and promoting them!). Small consistent steps can take your small business far-- until you have the means to hire a professional, and allow you time to concentrate on your core business growth.

Ultimately the time you set aside for long-term planning and marketing your business will be worthwhile. And when you’re ready for some assistance, visit Primasia Corporate Services and take a look at our services. Our experts can help your business succeed!

Connect with Primasia Corporate Services Limited
Hong Kong Headquarters: Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong

Credit: Prosperity Research Digital Agency(PRDA): PRDA's Founder Douglas White developer of proven 5 step, 4 KPIs process of Social Media Marketing.

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