Monthly Archives: November 2017

3 Ways to Grow Your Woman-owned Business

Being branded a woman-owned business can be the key to lots of profitable opportunities. But getting certified does not automatically guarantee that multi-million deals will easily come your way!

You will still have to come up with a strategy that will present you as worthy before the right prospects and lead you into striking the deal. Find below ways you can add influence to you official recognition and create the great opportunities you’re in quest of.

  1. All your goals should be S.M.A.R.T

If you’re after results, be sure to set precise goals. Try the long-practiced acronym—S.M.A.R.T—to make sure each goal is viable.

Specific – goals should have a date and defined timeframe

Measurable – You should be able to measure progress after a specific pre-determined time or set of actions.

Achievable –Set reasonable (and achievable) goals depending on the current state of your company and not possibilities like any sort of merchant funding you might be eligible to.

Relevant – Set business goals that move you closer to your vision of accomplishment.

Tangible – Goals should have specific gains to your company. Make sure any goal you commit to pays off.

S.M.A.R.T. goals are the foundation to forming a strategy that will move you closer to better deals.

2. Share solutions with the people in need

Sharing the remedies your business has with those looking for solutions constantly creates awareness of the services you offer or products you sell. But how do you know the right people?

Having spent some time running your company, you must have won a foundation of customers to help you get the information you need. Take note of your faithful clients and find out what they share. These similarities can help you build a strong client profile that can help you market effectively.

  1. Establish Business Relationships

Remember that growing a new company calls for building and fostering relationships. So you’ll need to establish business rapports as soon as possible. At times, even the best leads may require patience before they convert into something tangible, so you’ll need to stay in touch.

The bottom line

Your woman-owned business will only get as good as your efforts to better it, and of course the strategy you choose to execute. That’s why you need to work out a plan and foresee a future before acting.

Author BIO

Business Funding expert, Nathan Hale, founded First American Merchant with his eyes set on helping the backbone of our country, small business owners. His passions include writing/producing music, and travel. First American Merchant is America’s Best Merchant Funding Company, serving both traditional and high-risk Businesses.