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Are you running the right small business?

finances19158945.jpgThere is always a lot of talk about making the right match. If you are a small business owner you should take the time to determine if you and your business, have the right fit, and if you don't what you should do about it. Here are some questions to help you find if you are running the right small business-

  • Are you doing what you always wanted to do? Do you like what you do everyday?If wake up in the morning and are excited to go to work, then that is definitely a good sign. However, if you are filled with dread and have to drag yourself into the office it could mean that while you love having your own business, this might not be the business for you. It could be that when you started your small business you were passionate and involved, and the day to day running of the business got in the way of your passion. If you find that you are not doing what you really wanted to, then the first step is recognizing the problem and realizing that things can change. While you can't stop managing your business, you can get back to focusing on what lead you to create it in the first place.
  • Do your personal goals and the goals of the business match up? You need to have clarified exactly what your personal goals are and what the goals of the business are. Then you can make sure that both are compatible. For example-If you are simply running your small business with the hopes of having unlimited income and time on your hands, at some point, this is probably not realistic. Most small businesses require an extensive amount of time, dedication and hard work, before they even begin to make a profit. You need to take a step back and see where your personal goals and the goals of the business don't match up. If they can be brought back into alignment, then that situation will make running your business much easier and more fulfilling. However, if your goals and the goals ofyour small business can't ever seem to match up, that could be a sign that it is time for a change.
  • Is your small business developed on your skill set? While you can learn as you go, most small business owners have to possess, at least some experience and skill, in whatever type of small business they open. While it can seem glamorous and exciting to make wedding cakes, if you don't have at least some skill and experience, you will quickly find that your wedding cake business goes nowhere. Before opening a small business you need to determine what your strengths and weaknesses are in the most honest way possible. That will lead you to open a small business that you are much more likely to be successful at. If you are already a small business owner, you need to make sure that your business is capitalizing on your skill set. If you feel that it isn't, then now is the time to gather the resources that will make even better at what you already doing.
  • Do you have the personality that is needed to be a small business owner?Small business owners of every kind of business, share some similar traits. They have a passion for what they do, and they are willing to take the risks to get success. You should not be hesitant about your business decisions, and should pursue your business goals with passion and dedication. If you feel that you can do this, then you are most likely running the right small business, for you.
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