The history of the small business
You may be surprised to learn that small businesses were the dominant business model in the Wild West, a place known for its larger players. In fact, during the heyday of America’s frontier, around the 1860s and 1870s, a whopping 97 percent of businesses were small operations. A simple reason is that it was easier to start smaller at the time: You didn’t need much to get started and large capital investments weren’t necessary. The rapid expansion out west after the Civil War was fueled by construction—of buildings and railroads—and small business owners formed powerful coalitions with other local businesses as more cities grew rapidly.
Where can I find help for my business idea?
Before you get too deep into a business idea, it’s helpful to know where to find help when you need it. In fact, many cities and states have resources for small businesses that can save you a lot of time and headache. Look for state departments or municipal offices dedicated to small business resources or entrepreneurship; in most cases, these groups are focused on helping aspiring entrepreneurs like yourself succeed by offering training, grants and loans, mentorship programs and other services designed to help new businesses grow. For example, check out your local chapter of SCORE: This nonprofit organization provides free advice to entrepreneurs looking at new opportunities as well as existing businesses in search of improvements.
How can your small business boost your local economy?
As your business grows, so does your community. When you hire new employees to help you with all that growth, that’s money being put back into your local economy. If you buy from other businesses in town (your local plumber or painter, for example), that’s creating a cycle in which local businesses thrive and grow, which supports more growth for small businesses. If you want to see your area benefit, support small business growth by hiring employees locally and shopping at nearby stores. You might even be able to partner up with other entrepreneurs in your area on projects; collaboration is key when it comes to building up an entire community. In order for every business owner in your area to succeed, you need everyone working together. You never know what opportunities will come along if you do – maybe one day you’ll be buying office supplies from another entrepreneur!
Should I have a website for my small business?
A website is an absolute must for any business, whether you’re selling products or offering services. If you have a brick-and-mortar store, it’s very important to have an online presence. Customers do not want to be bothered with directions to your business; they look it up online and head right over. Don’t underestimate just how big a role websites play in our lives these days. As we continue to move toward a more paperless society, businesses are taking note and getting on board with having an online presence that engages customers and keeps them coming back. The good news is that there are tons of options out there when it comes to starting a small business website—some of today’s best small business websites can be built in less than 21 Days, insert seamless plug for our new e-book. The main thing is knowing what type of site will work best for your company and what features will make it easier for people who visit your site to convert into paying customers.
Until Next Time, “Buy a website, so your business can he seen seen liked.”