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In the world of small businesses, sometimes bigger ones can try to take advantage of the what they think are the little ones. But don't worry! By being smart and taking a few simple steps, you can protect your small business and succeed in a tough market. Let's look at some easy things you can do to keep your business safe.
Running a small business can be tricky, but with a few simple steps, you can make sure no friggen body takes advantage of you. Know your worth, use clear agreements, do your research, connect with others, get legal help, and work with different partners. By doing these things, you can protect your business and feel more confident on your journey to success.
Know Your Worth: First, realize how important your business is. Understand what makes it special and why people like what you do. When you know your worth, it's easier to stand up for yourself and not let others take advantage.
Use Clear Agreements (Get that sh*t in writing!): When you work with other businesses, make sure everything is written down in a clear agreement. This way, everyone knows what to expect, and you can avoid problems later on. Red flags if the other party refuses!
Do Your Homework: Before teaming up with other businesses, do some research. Find out if they're trustworthy and have a good reputation. This way, you can make smart choices about who to work with.
Connect with Others: Talk to other small business owners and find mentors who can give you advice. Learning from people who've been there before can help you protect your business and make better decisions.
Work with Different Partners: Don't put all your eggs in one basket. Work with different people and companies so you're not relying too much on just one. This way, if something goes wrong, you won't lose too much.
Know your worth, then add tax!
Pauline
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