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How to turn your small business around, when times are tough

By Jim Connolly - Published: August 22, 2020

small business turn around, turn around times tough, things tough business

If you have any concerns about the growth of your business in the coming months, I have an important reminder for you.

It’s simply this.

There is a major benefit of owning a small or medium sized business when the economy is down. I’m referring to the speed or agility with which you can improve things.

Turning your small business around when times are tough

You can get an idea in the morning and sketch it out in the afternoon. Then, if everything stacks up you can put it into play within days. Often sooner. This is something I have done myself and in the work I do with my clients.

Why am I reminding you about this?

When the economy is volatile or hard to predict, that kind of agility is like a superpower for small business owners. If things are not going the way you want them to, you can switch direction. You can identify a new opening or opportunity and quickly make it work for you. And you can do it way, way faster, than any large business or corporation can.

In short, always be mindful that you can very quickly improve your fortunes whenever you need to.

A lot of business owners are concerned about the coming months, as we see economies slowly opening-up again. That’s okay, because a degree of concern is actually useful. It can act as a powerful motivator to get things done. However, once the motivation hits you, it’s time to stop worrying and tap into your super power: Agility.

Turn your small business around starting now!

Remind yourself that you’re never more than one idea away from the answer you need. You’re never more than one breakthrough away from developing a highly successful, new service. But to make this happen, you need to remain focussed on turning things around, rather than worrying about what the future might bring, should you continue on your current trajectory.

Note: If you’re looking for fresh ideas or things you can quickly improve, here’s a large (4000 word) marketing tips guide I wrote, with lots of examples. There’s nothing to subscribe to – it’s just a regular web page packed with valuable, free information to help you turn your small business around.

Let's grow your business! I'll help you increase your sales and boost your profits. To find out how, read this!

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Hi! I'm Jim Connolly and I help small business owners to increase sales, boost their profits and build amazing businesses. Read more here.

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