5 Survival Tips For Small Businesses

5 SURVIVAL TIPS FOR SMALL BUSINESSES Learn 5 great ways to set your small business up for success! 1 Hire well Take time when hiring to make sure the person will make a good addition to your culture and team. Need more convincing? For workers earning less than $50,000 annually- whichcovers 34 of all workers in the U.S.-a typical turnover cost is 20 percent of their salary- -up to nearly $10,000! 2 Keep Communication Strong Make sure that you, your employees, vendors, and customers are on the same page. Make your intentions known and never leave anything up to second guessing. Need more convincing? Employees who feel like they are genuinely listened to by their managers are nearly 5 times more likely to have high job enthusiasm. 3 Use Inbound Marketing e Modern Sales Fun Create and share helpful content for your audience to engage them and build lasting business relationships. Linked in You Tube Technorati Ask delicio.us ARWES Google digg e Blogger Slashdof Need more convincing? 92.34% of companies using inbound marketing increase their website traffic. reddit Text Link Ad 92.34% AOL facebot marketwire Encourage "Bring Your Own Device" (BYOD) and Flexible Schedules 4 Allow employees to use their own devices for productive working anywhere inside or outside of the office, including from home. Need more convincing? Telecommuters are almost more than twice as likely to work more than 40-hour workweeks. Experiment and Find the Right Business 5 Management Software for Your Needs. Some examples of software solutions: Cloud services provider for data storage and project collaboration CRM software to streamline customer service processes Order, subscription, and billing management software w for companies that provide cyclical services/products Need more convincing? Only 4 of of new employer firms stay in business for 15 years or more, with half surviving at least 5 years. The right software solutions help you adapt and survive. 15 Years Brought to you by ChikPea (www.chikpea.com) ChikPea The Result of Experience http://www.americanprogress.org/wp-content/uploads/2012/11/CostofTurnover.pdf http://www.forbes.com/sites/laurash- in/2014/01/17/work-from-home-the-top-100-companies-offering-flexible-jobs-in-2014/ http://www.lifehacker.com.au/2013/09/bring-your-own-device-the-facts-and-the-future/ http://vorsite.com/blog/2012/11/fast-facts-about-cloud-computing-and-storage/ https://vingapp.com/ving-improved-communication-technology/5-surprising-facts-internal-communication/ http://www.incmagazine-digital.com/incmagazine/201304/?pg=34#pg34 http://blog.hubspot.com/blog/tabid/6307/bid/34209/93-of-Compa- nies-Using-Inbound-Marketing-Increase-Lead-Generation-New-ROI-Data.aspx