Starting and running a business is no easy task especially with limited finances. 

Is there a story unfolding in your community? Let Hivisasa know

However, there are success stories of people who started small and are now millionaires, finding the right mix in running the business will guarantee success. 

Here are some of the tips you can use;

1. Have a plan, write it down

Have a few pages outlining what you want to achieve; objectives, strategies, financing, a sales and marketing plan, and a determination of the cash you need to get things done

2. Keep track of everything

Never let even a single point escape, ensure you keep track of all the expenses you incur, purchases you make and above all when the money starts trickling in, and budget for all. That’s the only way to make a profit. 

3. Be flexible

Sometimes you might be forced to alter your plan a little bit, do not be afraid to change when need be. Do not be rigid with your plan. 

4. Listen to advise

You need people you can work with. You need people who have walked before you and their experience is valuable. Never disregard others’ advise or act like you know everything you are doing. 

5. Never micromanage employee

Giving employees space to express themselves at work is a key thing to a good delivery. Have an actual written training and orientation plan so your employees know what is required of them 

6. Use available material to grow

Using the internet is a key ingredient in improving and growing your business. Never hesitate to tap into the much knowledge, experiences and challenges shared on the internet, you might learn one or two.