Small Business Saturday: 5 tips to leverage your business in 2020
This Saturday 7th December is Small Business Saturday. Whether you are a family business, local shop, online business, wholesaler, business service or small manufacturer, Small Business Saturday asks consumers to support their local businesses. Now in its seventh year in the UK, the campaign has grown significantly with an estimated £812m spent in small businesses across the UK on 2018’s Small Business Saturday – an 8% increase on the previous year.
Kevin Riley is a business growth specialist working with businesses in Warwick and Banbury and the surrounding areas. In the last year, he has given 266 free coaching sessions to 132 people in the region to support his vision to create 150 multi-millionaires over the next 15 years. In addition to joining the campaign for Small Business Saturday, he is sharing his top five tips with small business owners to set themselves up for a great 2020…
Tip 1: Master your destination – know from the very outset where you want your business to end up. If you don’t know your destination, how do you know if you are going in the right direction?
Tip 2: Master your numbers – know how much your hourly rate is, how much profit you are making, know your targets and regularly review so you know when you achieve them!
Tip 3: Master your time – be efficient, don’t get distracted, do the big (horrible!) jobs first and reward yourself with the more enjoyable tasks later. If you find managing your diary difficult, consider blocking out time to complete regular essential tasks as part of a default diary.
Tip 4: Master your delivery – perfect your finished product/service, then be consistent in your delivery. Clients will become accustomed to your high standards, so don’t ever let them drop. Write a procedure that others can follow if you are off sick or unable to work, so your clients always receive the same delivery.
Tip 5: Celebrate your successes – take time to celebrate each achievement and milestone. Shout about it on your website, social media channels and newsletters so your clients (and potential clients) know how well you are doing.
Kevin is experienced in developing and leading SMEs over the last 20 years across two continents, with real-world experience of the challenges business owners face. He is inviting solopreneurs from the area to join his monthly BusinessCLUB which launches on 22nd January at Venture House Business Centre, Stratford Upon Avon. The programme is specifically designed for new and established entrepreneurs who work solo in their business to experience a valuable group coaching environment. Kevin will share practical step-by-step strategies that you can implement in your business straight away to help increase growth and profits.
To welcome entrepreneurs to BusinessCLUB, the first session is free. To register for your place visit: warwick.actioncoach.co.uk
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Note to Editor:
For an interview with Kevin, please contact Liam on 07395 641 523 or liam@revpr.co.uk
Image: Kevin Riley speaking at one of his business coaching events