Small Business Tax Center
Small Business Ideas, Grants &
Plans to Start & Run a Business:

Small Business Grants
CyberSchmooz
Network in Cyberschmooz Community Ask Questions Questions and Answers Share Tips Small Business Ideas List Your Business Business Advice from Idea Cafe Experts Coffee Talk with Experts Starting A Business Business Plan Biz Planning | Sample Plans Small Business Ideas Idea Name Your Biz Name Plan Your Biz Plan Financing $ Starting a Business Do It! Running your Business Marketing Tips Promotional Merchandise Marketing Tips Marketing | Sales | Customers Human Resources HR | Employees | Contractors Legal Forms & Tax Information Legal | Biz Forms Managing a Business Managing | Operations
Financing Resources Financing Your Business E Commerce & Webhosting eCommerce Take Out Info Trade Publications FREE Trade Publications Business Books Biz Books Your Own Business Small Business News Small Biz News Gen X Biz Gen X Biz Work at Home Work @ Home Business Information The Fridge - Biz Info on Ice Destress Send Awards Send Awards & Greetings Yoga At Your Desk Yoga @ Your Desk Fun Guide Guide to Find FUN Online About Idea Cafe Press Idea Cafe has received Idea Cafe in the News Idea Cafe's Kudos Kudos for Idea Cafe Advertise on Idea Cafe Advertise on Idea Cafe Privacy Policy Privacy Policy Contact Idea Cafe Contact Idea Cafe Link to Idea Cafe Link to/from Idea Cafe Join Idea Cafe
Search Idea Cafe Site Directory Site Map Online directory to business resources Biz Web Guide



Expert Answers to Biz Questions

Listen in! Pick up some expert advice to a reader's question that we selected from CyberSchmooz.

color business bar

Things That Should Be Avoided When Running A Small Business

Operating a small business is a task that is never ending. Not only do you have to monitor your finances, but you also have to oversee every operational process, regardless of how many people you employee. In today’s economy, thousands of small businesses are struggling to stay afloat. If you do not want to follow the same path, you will need to avoid making mistakes. Even the smallest mistake can end up costing you thousands of dollars to rectify. Below, you will discover several things to avoid when operating a business.

Never Rush Into A Partnership

Partnership opportunities are definitely intriguing and tempting. However, if you want to avoid making the mistake a major mistake, you should never rush into a partnership, even if it is a co-worker, friend or family member. While it may be rare, some business owners have agreed to take on a partner only to regret it later on down the road.

You could partner with someone whose approach and skills are the polar opposite of yours. For instance, your new partner may ensure you that it is possible to cover a lot of ground without hiring additional employees. If you disagree with this action, it could very well hurt the partnership. If you do decide to take on a partner, do your research and get to know the person on a professional level first.

Do Not Get Discouraged

It is extremely difficult to stay upbeat about operating a business when you are struggling to make ends meet. One thing is for sure you should never start a business expecting to reach a specific goal within a few months or years. This will only complicate things, causing you to become discouraged and maybe even make you regret your decision of starting a business.

Running a business will come with ups and downs. Along the way, you will meet some amazing people, gain some amazing customers and lose others for reasons fair and unfair. This is just part of owning a business and should be expected. If you begin to struggle with debt, you may want to consider credit repair or counseling. Do not sit idly by and let your business fail, because you are discouraged and feel like giving up.

Always Remember Why You Wanted To Start A Business

There are many reasons why someone would want to start their own business. Whether you just have a passion to serve the community or want to spend more time with your family, you should always keep this reason in the back of your mind. It is extremely easy to forget why you wanted your own business, since there are so many different things to focus on day in and day out. Just remember that temporary sacrifice may be necessary, but it will pay off in the long run.

Never Take On Every Responsibility

Some people will attempt to start a business, taking on all of the responsibility. While this may work in the early stages, it will take its toll on your mind, body and soul. You will need your energy to tackle the most difficult aspects of the business operations. Always ask for help and hire people who are willing to take over the responsibilities.

Google      

Small Business Tax CenterIdea Cafe HomeSign UpBiz Grant CenterCyberSchmoozCoffee Talk with ExpertsPeople in Biz ProfilesStarting Your BizBiz PlanningRunning Your BizFREE Trade PublicationsMarketingFinancing Your BizHuman ResourcesLegal & Biz FormsManaging Your BizeCommerceYou and Your BizGen XWork@HomeThe FridgeDe-StressSend an AwardSend an eGreetingYoga @ Your DeskWeb GuideIdea Cafe in the NewsAbout Idea CafeAdvertise on Idea CafeContact UsPrivacy PolicySite MapSmall Biz News

Copyright 1995-2018, Idea Cafe Inc. Downloads are for personal use only, not for resale to others, and may not be reprinted in any form without written permission from Idea Cafe Inc.

DISCLAIMER: We hope whatever you find on this site is helpful, but be cautioned that it may not apply to your own situation, or be totally current at any given time. Idea Cafe Inc. and all of its current and past experts, sponsors, advertisers, agents, contractors and advisors disclaim all warranties with regard to anything found anywhere on this family of websites, quoted from, or sent from Idea Cafe. and its related sites, publications and companies. We also take no responsibility for comments published by others on these pages.

TRADEMARKS: The following are Registered Trademarks or Servicemarks of DevStart, Inc.: Idea Cafe®, Online Coffee Break®, The Small Business Gathering Place®, Take out Info®, Biz Bar & Grill®, Complaint-O-Meter®, A Fun Approach to Serious Business™, CyberSchmooz™, and BizCafe™.