The Six Success Factors 1. The irreplaceable start-up factor, business and industry knowledge, is usually gained through experience. Experience gives your vision a solid foundation. Experience enables you to assess situations and make good, grounded decisions. If you are going to succeed in small business, you will need to organize and manage your time, the details of your business and the people who work for you.
Delegation is an effective organization and management tool.
No small business can succeed without an effective means of communicating its products and services to its target market and customer base. Good marketing strategies make the difference between moderately and highly successful businesses. The capacity to develop and maintain good relationships with your suppliers and distributors is central to entrepreneurial success.