Every Business Has an Opportunity
A Home Business Article Contributed by Megan Cohen
Every Business Has an Opportunity to Grow.
Whether your business is a multinational corporation or a lemonade stand, you have the opportunity to grow. You can grow larger by expanding into new markets. You can grow stronger by investing time and energy in partnerships with other businesses. You can grow safer by planning ahead for potential problems. Take the opportunity to grow in all directions. If you have a business, you have an opportunity to grow.
Every Business Has an Opportunity to Fail.
No matter how well your business is doing, you can never be too strong to fail. You can fail by spreading yourself too thin, expanding too far too quickly without a strong enough core of dedicated employees. You can fail by trying to go it alone, refusing opportunities for partnerships that could strength your business. You can fail by ignoring opportunities to build security for your business. You can fail to watch and respond to shifts in your market, in your field, and in the larger global economy. Take every opportunity you can to help your business avoid these and other pitfalls.
Every Business Has an Opportunity to Take.
Take advice from experienced people in your field. The more you can learn about the field you've chosen to make your business in, the better prepared you will be to make the most of the opportunities that come your way. Take chances on new ideas. By making a name for yourself as an innovative company, you will encourage your staff to dream big and give your business their best, most creative work.
By seeing things in a new light, you could make discoveries that will benefit your business for years to come. Take a break. Sometimes, the best thing you can do for your business is to leave the office. If you find yourself in a quagmire, try to take some away from the hubbub to brainstorm solutions on your own. This can mean a few days at home with your family, a weekend away with your partner, or just a half-hour stroll around a peaceful neighborhood park.
Whether you're taking advice, chances, or a break, take every opportunity to take!
Every Business Has an Opportunity to Give.
Give something back to the community which supports you. If you can, give by employing local high school students as interns or in entry-level positions to give them the training they need to build their careers. Give by instituting community service days for your staff. Community service days can be a great bonding experience for a small or large company.
Think about the potential benefits to your business -- putting the CEO side by side with the receptionist to dole out food at a soup kitchen or to re-paint a neighborhood playground can be a valuable investment in employee morale and company loyalty. Give by entering into partnerships with local non-profit organizations.
Helping out your community can be a great investment, rewarding your business with strong word-of-mouth, a positive image, and a group of employees who are proud to be affiliated with your company. Take the opportunity to give.
