Our Tips for Managing a Small Business


You've put a lot of time, energy, and hard work into building your business. Now that you've hit the ground running, it's time to manage! It may seem overwhelming at first, but with the right tools, you'll be on the right path. Check out some of our tips on how to manage your team effectively.

1) Consistency Really Is Key

Perhaps the most basic principle in management is to remain consistent in all of your practices. If you reward an employee for good behavior, such as reaching a sales goal, be sure to reward that behavior every time that positive action is performed. The same goes for discouraging bad behavior. You need to discourage negative behaviors whenever they happen, regardless of who is doing them. If a manager is consistently taking breaks that are too long, they will receive the same consequences as an entry-level employee that is taking long breaks. By treating all members of your team equally, you are building up a standard of expectations as well as letting your team know they can trust you.

2) Lead By Example

If you want to build a team of strong employees, you need to set the standard. By maintaining the image of a stellar employee, your team will follow your lead. The same concept applies to negative behavior, as well. By showing up to work late everyday, you will create an environment in which timeliness is not a priority. If you show your employees that you don't care, then they won't care either. We all make mistakes, but strive to always perform at your best.

3) Ask Questions, Listen To Answers

You may be the team leader, but try to avoid ruling like a king. A good leader listens to constructive criticism and learns from it, rather than silencing anyone who disagrees. By asking your team for their opinion, you are creating opportunities for your employees to share what will make them happier and work more efficiently. 

4) Be Open To Change

When you're working in an ever-changing world, you've got to have some flexibility. When change occurs, many employees and managers become frantic. To create a smoother process, maintain a calm and steady mindset. Your team will follow your lead, and the business will move forward.

Furthermore, include in your training manuals that change will inevitably take place within the company. It is a positive thing for your company if it evolves and improves in the growing market. If your team takes on that way of thinking, they will have an easier time adjusting to a major shift.

There is, of course, a lot more to managing a successful business, but by developing into a consistent, fair, and open leader, you will help your business achieve its full potential.