If you are planning to start a micro business – congratulations! By actively taking the first step towards realizing your dream, you are already on the way to success.
The process of starting a business can be overwhelming, but research and preparation can help lighten the load. Apart from planning, using the right tools can help start and run a micro business more easily.
Use cloud storage
The best way to stay on top of things starting a new business is to stay organized. To do this, you want to store all of your documents and files on a password protected cloud storage platform. Microsoft OneDrive And Google Drive are the two most popular platforms.
Within your drive, you can track everything from receipts to budgets, sales, and marketing projects. Storing it in the cloud also makes it easier for your colleagues and employees to access this document.
Hire the right employees
A micro business is usually defined as a small business with a team of ten people or less. The smaller the team, the more important it’s that everybody on the team works well together and fits well.
To help you find the perfect employee, use platforms like Vervoe. Vervoe is a skills assessment software that enables companies to test and automatically grade potential employees. This reduces interview bias and helps you hire employees with the exact skills you need.
Use collaborative software
As a micro business, you may not have an office for your employees. A hybrid work model where you meet every now and then in person and work remotely the rest of the time may additionally be your structure of choice.
Consider using a shipping broker
Larger businesses have contracts with shipping companies to make sure their supplies and products are delivered according to a regular schedule. Microbusinesses may not need such regular transportation, so work with a shipping intermediary potentially better option.
Shipping brokers hire individual shipping brokers and match them with clients with shipping needs. This broker finds shipping carriers for their clients anytime needed. Outsourcing this task will take the stress of shipping logistics off your plate.
Outsource your marketing
In today’s world, marketing involves much more than placing an ad in the local paper. In addition to print marketing, there’s website design, e-mail marketing, social media marketing and product photography.
Taking all of this on yourself without experience will take your time away from more important business matters and put you in danger of having a marketing campaign failure.
While you may feel that spending money to outsource your marketing will be costlier than doing it yourself, look at it this way: the return on investment (ROI) from an internal marketing campaign conducted by an individual with little experience will be significantly lower than the ROI from an experienced marketing professional. . After all, you must spend money to make money.