Five Tips for Successful Small Business

By siliconindia   |    9 Comments
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Create Differentiation
Every business has a purpose behind its origin. Many are profit oriented but few are non-profit organization. Whatever the case may be, what you do is to serve your consumer in terms of product or services. Why will they come to you if you do not have a USP? Create a differentiating element in your product or service to address the pain point of the consumer. Before starting the business, plan carefully about the kind of customer you want to reach through your product or service. If required, conduct a market research before the launch of the product. Take their feedback and keep on improvising.