What challenges do small businesses have?

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    When I 1st started my business my biggest challenges were people not knowing much about my business and trying to convince them I know what I know.. as well as sourcing new clients

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    As new small business owner myself I agree with Jason.. its not easy to get people to trust you as a new business. 

    I find building that trust takes time and consistent hard work but they eventually trust you.. pricing needs to be well thought out too. R1000 to a new business isnt as easily spent as with a bigger name with a good rep

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    When I first started I had the same problem as the gentlemen above.. over time people could see our work ethic and efficiency and then the work streamed in.. keep it up guys!

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    There are many challenges that you will face:

    • You will do almost 100% of the roles in your business when you start.
    • Cash flow issues.
    • If you plan on having a three-month sales cycle, you will see it is usually about six months.
    • Being alone and doing it alone. Then you start believing your arguments and ideas. Get a mentor and a coach.
    • People do not trust you yet. Serve on industry boards, help ours at big events etc. This gives you credibility.
    • The people who promised to send work your way when you quit your job and start your business never send any work to you and if they do, it is usually work you do not want to do.
    • You are accepting any work because you are cash strapped.

     

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