Top Concerns of Small Business Owners
Small businesses are incredibly important for the American economy. In fact, over 50 % of America’s working population works for a small business. However, running a small business is not easy. This has been especially true for the period since the recession hit in 2008.
Small businesses have many concerns in the modern day. Here are some of the most significant of these concerns.
1. Finding great employees.
Small businesses can often have trouble finding great employees who are exceptional at their jobs, and who will stay at the company for a significant length of time. Part of the reason for this is because it can be hard for small businesses to offer the compensation and benefits that larger employers may be able to offer.
So, in order for small business startups to solve this problem, they can try to hone in on anything that they can offer prospective employees that can help make the job more enticing. For example, they can lay out a clear path to advancement within the company, they can offer better training, and they can even offer company discounts. Anything that makes the job more appealing can be useful.
Scheduling is often among the most frustrating of small business problems for business owners. The reason is because it can take a lot of time, and it can be tedious. If you use time cards to keep track of employee work hours, then this can be a messy and disorganized process.
A solution to this small business challenge is to use a work schedule maker, such as the app offered by NimbleSchedule. Using scheduling software such as this app can allow small business startup managers to track employee work hours, generate schedules, approve shift and shift swaps requests and more, all from their mobile devices. This can be very helpful for small business owners.
3. Generating enough sales.
Sales are the lifeblood of any company. Without sales, money cannot be made to pay a company’s bills. So, if a company is not generating enough sales, then this is a small business problem that must be solved.
If a small business startup doesn’t have enough sales, the problem could be caused by a number of things. It could be poor salespeople, a bad product, ineffective marketing, or several other things. The first step to solving this small business challenge is to identify the problem. The solutions will depend on the nature of the problem. However, it could be as simple as hiring better sales people.