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Continuous Improvement Isn't Just for Big Business

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Continuous Improvement Isn't Just for Big Business

By TonyaWilson
Published: March 9, 2010 Updated: March 2, 2012

The recession has ended and the economy is rebounding. You are thankful that, although a little bruised and battered, you and your business survived. For several months after, you limped along and licked your wounds, but now things are looking up. Yo;re at a steady trot now and your books are once again in the black. Your belief now is that slow and steady will win the race and if you stay consistent and maintain status quo, yo-ll do fine. But will you? Consumers are spending again, but not at the same pre-recession levels. Consumers learned frugality, conservation and to appreciate gifts and experiences that money ca-t buy. The recession may have been just what they needed to realize that their former spending habits were wasteful and counterproductive.

What if this scenario proved true? Then where are you left? Status quo may be just fine for the time being, but may not be enough to carry you through another storm. I's time to strengthen your position, be innovative, look for ways to improve your product or service offerings and to continuously seek opportunities to gain or maintain your edge over your competitors. How? Considering your current financial reserve most likely is needed to keep your business operating, follow the consume's example of resourcefulness and seek valuable training and business development resources created exclusively for small businesses and locally offered at low or no cost.

  • Looking for a business partner who understands the specific needs of Latino culture? Check out Ariana Ulloa-Olavarrieta of Centro Empresarial Latino Columbus,* Columbu' Hispanic SBDC.
  • Everyone can benefit from keeping their personal skills and those of their employees updated. For convenient, affordable training visit the largest community college in Ohio, Columbus State Community Colleg's own Center for Workforce Development*. Outside of Ohio visit your local community colleg's *Continuing Education Department.

The U.S. government supports small business growth. That support is reflected through the many business development resources available throughout the nation, of which the above are just a few. Take advantage of the assistance provided by organizations and individuals whose sole purpose is to see you and your business be successful. And finally, don't underestimate the value in being mentored by those that have come before you. You can find many business development and industry experts willing to share their vast knowledge. Business.gov is a prime example. Heed Tim Berry's advice to avoid business planning myths, learn how to explore franchises from the FranchiseKing, and feel free to drop by and say hi to me as I try to deliver small business concerns from the field.

 

You can also find Tonya on twitter at @TonyaWilson

* This hyperlink goes to a non-government website

About the Author:

Tonya Wilson
As a member of the Ohio SBDC at Columbus State, we provide entrepreneurial development assistance and business consulting to start-up, emerging, and existing business owners. In addition to one-on-on advising, we create, coordinate and promote programs and events to inspire, educate and engage individuals who wish to start or grow a small business.

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