Invastor logo
No products in cart
LoginRegister
No products in cart
LoginRegister
user profile image

Virginia Miller

2 years ago

Wanted to ask a question to everyone out there who owns/runs a small business. What are some of the major challenges you face when it comes to growing your business? What are some things that you feel take up the most time or money for you in the grand scheme of things? Also what if any do you tend to identify as a major problem. I understand that everyone’s business will come with its own types of issues or problems and everyone will view things differently. Just wanted to see where others stand at and if where y’all see issues or problems in growing and making your business either easier to run or just more profitable in general.
generic_blog_image
79
user profile image

Myla Chandler

2 years ago

Quick overview- My father and I started a small business in the Motorsports industry 3 months ago. Investment to this point 50k in inventory. $0 cost for store floor space or utilities. We’ve only created a business page on Facebook 1 month ago, and spent $0 on advertising besides some stickers to give out, everything had just been word of mouth. Month 1 - gross 4k sales Month 2 - gross 6k sales Month 3 - gross 10k sales Month 4 is on track to possibly hit 12k gross if it keeps going like it has been. Only 2 “local” businesses sell the same type products we sell. 1 is about 30 minutes away, the other is an hour away. Both have been upset about our little business venture, but everything has remained civil until this week. They both have called our largest distributor asking to have our account terminated because we are just doing it as a “hobby” (our distributor saw through that without question and dismissed the claims). Now they have started a smear campaign against us. I have full plans to keep growing and continue business as usual. We are not going away, or selling out. But how would others handle the situation, how would you advertise going forward?
generic_blog_image
4
130
user profile image

Nevas Technologies

a month ago

Nevas Technologies has an expert team of Dynamics Business Central Consultant that can provide Dynamics 365 ERP consulting, to manage and support Microsoft Business Central. Our Dynamics 365 Business Central Services to accelerate the growth of your business. Our Business Central consultants or BC consultants assist you to set up a robust ERP system that streamlines your everyday work processes and scales as your business grows. https://www.nevastech.com/solutions/microsoft-dynamics-365-business-central-consultants
67c6928661fd70ef6b43b41e
27
loader
Home Shop Groups