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10 Tips To Launch Your Samll Business

10 tips for samll business

Table of Contents

As all we know that working under somebody elso is risky. No matter how big the company you worked in, no matter how high the position you are, you always have the possibility of being eliminated. A global pandemic and sluggish economic growth, it further increases your risk of being laid off. So now it is your time to think about to do a samll business for yourself.

The following is a small business tip from my own experience of 10 years of having “been there and done that” as a small business person. I hope it can help you.

1. Don’t worried about failure.

In China, we always said: Failure is the mother of success. No one knows they will succeed until they succeed. If you are afraid of failure, you have failed.

2. Just start now.

I think this is the most important tip before you want to do anything. There are many many people smarter than us, richer in creativity, but only a few people can put them into action. Of course, there will be very few successful people. So, acting now. It is far better than doing a lot of preparation.

3. Be passionate and patient.

Whether your business is small or big, you need to invest lots of time and energy. Maybe you will find that you give a lot, get a little. This requires your patience, passion and your love for this business. Many small business owners find that if they love the product or service they provide, they’re more likely to work harder and achieve success.

4. Make good use of the Internet.

Face-to-face communication with our customers or suppliers is very difficult during the coronavirus pandemic. And for our small business, it requires expensive capital to go abroad to find customers and suppliers. So this requires us to make good use of network resources, it is our best tool now.

On the Internet, you can search for Chinese product suppliers through google.com, compare product prices on alibaba.com, and communicate directly by telephone through email or WhatsApp, WeChat, which greatly improves work efficiency. For example, if you are doing business in automotive you can read this blog below to find where the factory is located in China.

Automotive Accessories City in China

5. Creat your website.

Don’t to do business on a platform, you’ll be trapped inside.

Now too many people do business on Amazon, AliExpress, eBay, and some platforms like Lazada, Shopee…etc. But at this time, you need to think about it deeply. When everyone does like this, you don’t need to do the same as it.

I do Alixpress for over 8 years but last year we closed it. But you know why? In these platforms, the products are homogenized, and the price competition is very fierce, Too high fees and commissions make it difficult for many small sellers to make more profit.

For example, for an order of 100USD on AliExpress, the seller needs to pay 10%-15% commission, and also need to pay additional advertising fees to AliExpress because it helps you promote your products. And product shipping insurance fees, and return service fees. . . , the actual seller gets only about 80USD.

Creating a website of your own is the best way for your small business. We only need to spend a little money to buy a domain name and web hosting, and a tool for building a website, maybe total 200USD is enough. About my website is built by our own team using WordPress and elementor.

https://www.royalincarparts.com/

If you need it, we can help you build your own website for free, which is very simple and very efficient.

After your website is created, all you need to do is to register some social media, such as Facebook, Instagram, youtube, TikTok. or other media in your market. Share your daily work, your product pictures, videos, as well as your customer feedback, and your experience, service and other real information to help your customers solve their problems.

Soon you will find that you get many things you want.

6. Making money is not the most important thing.

When you start your business, you must want to make money more and fast. But I need to said it is correct. But it is not the most important thing you focus on. If you focus too much on making money,and ignore your products service, we will lost all. We need to know that products and services are always the most important. Without good products and services, your business must will fail.

Making money is not the most important thing.
China Money

7. It‘s necessary to find a supplier who can cooperate deeply.

If you have experience sourcing products in China, you will know that there are so many products and suppliers in China that you will be dazzled. So choose a best Chinese company and cooperate deeply. They will help you solve many problems.

Well, we are a real Chinese company with our own R&D design and sales team. Helped our clients solve many problems. Such as customizing products, developing and designing new products, helping customers to consult logistics problems, solving customer customs clearance, and solving payment problems with our customers. . .etc.

If you have any questions in this regard, please contact our team in time. We will reply as soon as possible and try our best to help you.

8. Find suitable employees.

As your business gets better and better, you’ll find that you’re getting busier and busier and running out of time for your family. That’s tell you it is time to find your business partner. Then work hard together, the business will get better and better faster.

9. Comply with laws and regulations.

No matter where you are, no matter how big your business is, it is imperative to understand the laws and regulations of your country and government. For example, our headlight retrofit. If you want to do headlight modification, you must know your country’s requirements for headlights, whether there are any places that are not allowed to be modified

10. Keep learning, adjust business.

Nothing stays the same, and neither does the market. We need to be vigilant at all times. Keep learning, make sence of market, follow the market, and make chance to lead your market. To be the number one of your market.

keep learning
keep learning all your life

Wow…I have been moved by the articles I have written. I am passionate about my own business and full of anticipation. What are you waiting for? Act now, right now.

Any need, please contact us, or leave your message at the bottom of the article, we will reply as soon as possible.

Best Wish/Regards

2 回复

  1. The next time I read a blog, I hope that it doesnt disappoint me as much as this one. After all, Yes, it was my choice to read, nonetheless I truly thought youd have something interesting to say. All I hear is a bunch of whining about something you could possibly fix if you were not too busy searching for attention.

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Levi Chou

Levi Chou

Hi, I’m Levi Zhou, the founder of royalincarparts.com, I’ve been engaged in auto parts aftermarket for decades, and the purpose of this article is to share with you the knowledge relating to car lighting retrofit from a Chinese supplier’s perspective.

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