Most Surveyed Small Business Owners Changed Their Direction, Goals And Plans: New Report

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To survive in a challenging economic environment, small business owners around the world must be nimble, flexible and responsive to the realties of their local marketplace.

“This led to a change to our workflow and our goals. [We] had to reinvent everything. This included providing express same-day photo scanning and instant uploading,” he said via email.said that their initial business plan “was to sell our hot sauces solely online and through social media. As the company grew and the demand grew, the cost of just selling directly to the consumer made less and less sense.

Allonce pointed out that “... change can happen at any time, and you have to be malleable enough to embrace it. Especially in the economic climate, we are currently in; you have to be ready to make changes that benefit your business at any given time. Only you know your business and what it takes to run it, so only you are going to be able to make the call of what it needs and when."Concerned restaurant owners review their finances.

 

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