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Small Business Owner Offers Tips for Expanding Services

Small business owner Linda Fuller offers tips for growing your business and offering more services to expand cliental .

 

Small business owner Linda Fuller is no stranger to starting a business from the ground up. In her recent interview with Patch Partners, a website connecting business owners to Patch in local communities, she offers insight into how she expanded her business’s services from just flowers to wine, beer and gourmet gift baskets at Lake Anne Florist in .

Homework must be done first, she said.

“Research what’s compatible with your own products and services, what the current trends are and what your competition is doing.”

Fuller also notes, “Have three times the money you think you need and access to more. Make a business plan for one, three and five years, with goals. Most businesses fail because they’re undercapitalized. Prepare for three years of working like a dog.”

She said it's also important to use your resources and spread the word about your business.

“Get help and advice, whenever and wherever you can. Every business has a trade organization and those organizations usually have wealth of information available. Finally, advertise, advertise, advertise. Don’t see it as an expense. See as an investment.”

Another way to support locally owned small businesses is to participate in Amex’s Small Business Saturday on Nov. 24. Last year, more than 100 million people participated in this day dedicated to supporting small businesses.

There are more articles and interviews about small businesses on the Patch Partners website, where you can also sign up for the Patch Partners newsletter and Patch Partners Twitter feed to stay better informed, grow your small business and strengthen your community.

TELL US: If you are a small business owner, did you find this information useful? Have you been able to expand your business based on these tips?

Tanya Carver November 17, 2012 at 02:06 PM
If you are a female and want to start a small business or have a small business, you should sign up for WBDC (Women's Business Development Council) www.ctwbdc.org. Here's their latest workshop: "Access to Markets: Doing Business With the State of CT Did you know that you need to be certified to do business with the State of CT? The State of Connecticut wants to do business with you and this workshop will show you how to get started in the process. This interactive workshop explains the benefits of becoming State-certified and walks you through the process. It is easy and can be done online. Join WBDC and Connecticut's Office of Supplier Diversity in helping you cut through the red tape. Open up new doors for your business. Teleclass Tuesday, December 4 12:00 PM - 1:30 PM Pre-registration Required/No Charge For more information call 203.353.1750 or Register Now!

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