The fear of failure is one of the main barriers when it comes to entrepreneurship. We are afraid that all the hours and resources invested will not bear fruit. While it is true that starting an activity on your own always involves taking certain risks, there are profitable businesses that demand a minimum initial investment and reduce insecurity. Thanks to the new technologies, profitable ideas of entrepreneurship can be launched.
Starting a business is not that complicated; the challenging thing is to overcome the first stages and consolidate the project. Unfortunately, it is estimated that 80% of small businesses fail before five years and 90% of them fail to reach their first decade of life, as revealed by a report by the Barcelona City Council that analyzed entrepreneur activity in different countries of the world. In many cases, the failure is due to lack of planning and poor business management.
A well-structured business plan is a valuable tool to analyze and design your project. By identifying weaknesses and strengths, you can make a smarter investment and increase your chances of success. You can also analyze the technical, commercial and economic viability of your business idea, as well as plan the resources you will need.
The closing of sales is the moment in which the prospect becomes your client. In this phase of the sales process, you help him to make the purchase decision, once you have presented your product or service and have cleared all your objections. Unfortunately, many sales do not materialize because they do not know how to close a sale.
A study carried out at the Open University of Catalonia revealed that the Ibex-35 companies miss out on the interaction with their clients in social networks and their communication potential. In SMEs the situation is not very different: only 54% have profiles in social networks, although they are fundamental in any digital marketing plan. If you want to make the most of your resources, you need to follow a digital action plan with precise objectives.
If you are thinking of joining the group of globally rising entrepreneurs and starting your own business, you must first be clear about what an entrepreneur is and what characteristics you must promote to be successful.
What is an entrepreneur?
An entrepreneur is not only the person who creates a company but one who envisions a business opportunity and decides to take advantage of it by starting an activity on its own. Entrepreneurship is an attitude, a way of being and thinking that is reflected in business.
An online accounting software is very attractive when it comes to taking the organization of a small or medium business. This type of system offers a variety of advantages that perhaps years ago-in the days when accounting was based on calculations of pencil, paper and calculators-seemed unimaginable and impossible to achieve so quickly and easily.
Present from remote times in different cultures, the office of accounting has had to adapt to changes. If you are looking to increase your client portfolio in accounting, you should bear in mind that our society has changed the way we work.
What factor is responsible? Technology. With its progress, it gradually modifies the routine of an accounting department, so it is essential to know the new tools. Consider the following tips in order to get clients for accounting with the speed and efficiency offered by the accounting tools of this new generation.