4 Top Challenges Every Small Business Owner Will Face

Tips — 2 min read

All businesses face multiple obstacles on the ways towards their success. Whether your business is small or enterprise, maintaining a thriving business is a huge achievement. However, there are some challenges that are unique to small businesses – ones that most large enterprises have already grown out of.

Lack of time

With the heavy workload that small business owners face, getting everything done can be difficult. Especially if you are one-man-band or don’t have someone around who can help. Being more productive with your time will help you complete your tasks and keep your business running smoothly. A few simple tips include planning your time, creating strict timeframes, focusing on more important tasks and taking regular breaks.

Outdated Business Processes

Are you often overwhelmed with paperwork? Do you find yourself wasting a lot of hours on on customer support and communication? Simplify the process by using Resolw. It’s a must have tool for all small and medium businesses, as it is specially designed for instant troubleshooting and problem-solving. Add a chat button to your website or a QR code to your product so the customers can reach help on an instant. You can use text chat, audio and live video guidance to help customers and even draw on live video stream to give instructions. If you’re interested in getting started with Resolw, click here.

Lack of business plan

Having a business plan in place is the best way to increase your likelihood of success. It will help you make better decisions that work towards your business goals and set benchmarks and timelines, so you know how you are performing. Your business plan should cover your finances, business operations and the marketing of your business. If you do have a business plan, the job isn’t over yet! You should be checking in regularly and updating your plan as your business grows and new opportunities arise.

Getting through to your potential customers

As a small business owner, you should have a pretty good idea of who your target market is, the next challenge is getting through to them. With the increased amount of time that people are spending online and the move towards digital communication, small businesses need to find new ways of getting through to their target market. Customers will go online to research and review their options, including social media and Google. Putting your business online and becoming part of the conversation will help potential customers find your business. People are also more likely to talk about your business online, so make sure you are providing that great customer experience for great word-of-mouth!