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4 Struggles for New Business Owners - and How to Solve Them

Posted on: 31 Oct 2019
4 Struggles for New Business Owners - and How to Solve Them

The first few years of business can be extremely challenging. Unfortunately the statistics aren’t on new business owner’s side either, with about 20% of businesses failing in their first year. By ten years that number is up to 80%. But many of the common struggles that new business owners face are fixable, it’s all a matter of having the right strategy to get ahead.
4 Struggles New Business Owners Face – and How to Solve Them
1. Finding Customers
Finding customers is a struggle for every business owner. Even the biggest companies in the world don’t just sit around waiting for customers to come to them, they all have a team of people working hard to find new customers or successfully communicate to the ones they already have. The solution? Finding customers starts with you knowing who your ideal customer actually is. It’s all about communicating with the RIGHT people. Figure out what your ideal customer looks like, figure out what they do, and where they spend their time (both online and off) and from there you’ll know how best to communicate with them. When you are ready to ‘talk’ to your target market through brochures, direct mail or digital advertising campaigns, Kwik Kopy has you covered.
2. Hiring Great Talent
It’s true what they say: that you’re only as good as your team. As small businesses may have limited resources and need to hire fewer employees, business owners have to make sure …
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