Smart Business Tips for a Startup
June 7, 2018 by OSYB Staff

Dawn Fotopulos of Hidden Profit Prophet shares 5 great tips for small business startups:
- Start small as it lowers your risk, your assumptions of what might be profitable could be off.
- Always test the market, find opportunities to have potential customers or clients sample or test your product or services.
- Don’t spend too much on the frills like a website or stationary, hold onto your cash for the absolute necessities.
- Wait patiently for earnings before you even consider taking out any loans, know the market desires your product or services before you make any major financial business decisions.
- Make you sure that your customer base is loyal and will be repeat customers, having a large one-time purchase customer base is not as good as having a smaller group of repeating clients.
For more details: 5 Tips for Small Business Startups
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