By Caron Beesley. Entrepreneur and founder of The Body Shop Anita Roddick once said: “Nobody talks about entrepreneurship as survival, but that's exactly what it is and what nurtures creative thinking.” The first few years of small business ownership are undoubtedly the toughest. So, what strategies and tactics can you employ as you venture through the early years of business ownership? Here are some year-by-year approaches to consider.

Sponsored Content


Comments


Written by HeatherStone
921 days ago

Hi Caron,

One of the most important aspects of creating a sustainable business id being able to scale what you do. This means not only being able to create a product or service yourself, but figuring out how create a system by which others can effectively repeat your formula. It's about a lot more than hiring employees. It's a bout creating a system that works! Thanks for sharing.



Written by SBA.gov
923 days ago

Thanks for your comment Warren! Glad you found the article relevant and useful.



Written by Warren Rutherford
923 days ago

Caron - great advice comes in 3's!. Thanks. The business plan is critical, as is your recommendation to continually update it in year 1, as well as in each of the subsequent years. As the business grows and the entrepreneur now small business owner gathers staff, learning to manage the people along with delivering the product and services will come into play. I've found some owners are better than others at the managing part - so seeking help from experts makes sense as you suggest. Thanks for your post on bizsugar.com.



Log in to comment or register here.

Three Key Voluntary Policies for Women

Today 4 in 10 women are the sole or primary breadwinners for their families,¹ and they do more than twice the amount …
Subscribe

Bernd Geropp @MoreLeadership Engineers Business Success

With a background in engineering, Bernd Geropp founded his first company, a German tech firm, at age 32 with a … More
Editor's Picks


Post your small business video to BizSugar today!
Have you tried BizSugar's new video posting feature?
It's time to up your game with video on BizSugar!
Did you know you can now post video on BizSugar?