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Five small business must-haves - Blog

Five small business must-haves

In South Africa, small businesses are responsible for creating a large portion of the GDP. From small curio shops to independent convenience stores, the country is home to thousands of independently-owned businesses that have helped the economy along. However, maintaining any business, regardless of its size, can prove to be very challenging

In South Africa, small businesses are responsible for creating a large portion of the GDP. From small curio shops to independent convenience stores, the country is home to thousands of independently-owned businesses that have helped the economy along. However, maintaining any business, regardless of its size, can prove to be very challenging. Small businesses aren’t generally part of a larger brand, which makes penetrating the market slightly more difficult. However, there are ways and means of making the experience of running a small business easier. Below, you will find five must-haves for your growing small business.

Reliable accounting and payroll software

Keeping an eye on the books as well as the payroll within a small business is key in keeping on top of things. Having reliable accounting and payroll software can ensure that this happens, as it will help you ensure that you’re always aware of how the business is doing, as well as where it stands financially. With this information, you can also see whether or not the business can afford to expand and employ more staff, should the demand for your product or service increase.

A great website

In this day and age, it has become incredibly important for businesses to have a good online presence. Make sure your business has a website that not only represents everything you can offer your customers, but is also easy to use and tells visitors exactly what they want to know. Most customers will first do an online search before contacting a business, and the more reliable your site appears to be, the more potential cutomers will view your business as reliable. And, in this day and age there’s no excuse. You can easily create and optimise your website yourself with great template driven platforms like Sage Online Tools that even integrate with your accounting and payroll software.

Professionalism

It doesn’t matter what the size of a business may be, professionalism is key in creating a space in which clients feel they can trust you. If you can show them that you know what you’re doing and you’re good at it, they are likely to return to your business over and over again. A strong sense of professionalism never hurt anyone, and it is even likely to help your business run smoother.

Leadership

One thing a small business definitely cannot do without is leadership. Employees need to have someone to look up to, not only for the growth of the business, but for their own professional growth as well. They need to know that someone is at the forefront, making the best possible decisions for the business and that at the end of the day, the business is being lead from strength to strength. With good leadership, a small business can flourish even in the most challenging of times.

A positive attitude

This may sound like a cliché, but a positive attitude really can go a long way. If everyone who works at a small business adopts a positive attitude, the environment will become more pleasant to work in, which will, in turn, affect the quality of the work produced. And once clients and customers can see that the work is of a high quality, they will become loyal to your business.

Small businesses are at an exciting place in the South African economy, as they have great potential for growth. With reliable accounting and payroll software, a great website, a sense of professionalism, strong leadership and a positive attitude, an independent little restaurant, convenience store or car wash has the best possible chance of success.

 

 

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