Take care of the presentation of your business
It is important that you take care of the presentation of your SME. Be careful with the image you project to your clients. Work daily on the maintenance and cleaning of your workspaces and retail spaces. Make sure you have a pleasant location or office so that your clients feel comfortable. If you notice that your business is deteriorating, remember that you can invest some money to remodel, decorate or expand your premises.
Do not forget the advertising
To get known, you need to advertise your business. There are different ways to advertise it. You can try the traditional way with ads and flyers, or I also recommend that you start advertising online. Create an official page for your business and in it, upload the photographs of your products and share the offers on the social networks of your SME.
Control your inventory
To better manage your SME, I recommend that you keep a daily control of your inventory. In this way you will know how much product you have in stock and how much product you have on display. And thus, you will avoid having a shortage of products. Do not stop stocking up on product or material so that you always have it ready for your customers.
Manage your debts well
Always keep in mind the short or long-term debts that you have to pay, such as the payment of services, the payment of salaries, loans for SMEs, etc. In this way, you will know how much money you need to earn monthly so that you get the money to pay all your monthly expenses.
Control your cash
You use cash daily, to carry out transactions with your clients. Keep a detailed control of all the cash that enters and leaves your business so that you have better financial health in your small business.
