Main Street Launch is proud to partner with Pacific Community Ventures, a nonprofit business lender on a mission to create jobs for working people and make markets work for social good. They achieve their mission through a combination of fair lending, free mentorship, impact investing consulting services, and field building research.
Featured here is an excerpt from their online resource: 10 Management Tips For Your Small Business.
There’s a lot that goes into starting a small business and running it through the first few years. In the early stages, one of the most important pieces is simply deciding which goals to tackle first. Consider the below management tips to help you along your journey as your grow your small business.
Invest in Your Education
No one wakes up an expert of their industry. It takes time, patience and schooling. If you are nervous about furthering your education because of what it will cost, there are options. Take some time to research the various scholarship and student loan options that are available. Educate yourself on possible scholarships and the different types of student loans that are available.
There are also plenty of free courses for continuing your education that might be of use as you embark on your small business journey.
Empower Employees Through Training
Training your employees may seem like a given but set aside some time to really dive into what their role is and how it benefits the company. Not only do you want them to feel comfortable at your business, but you also want them to learn and fully understand the operations. If somebody feels comfortable at their job, it’s likely their performance will be better. You can get more tips on employee training and engagement here.
Click here to learn more information about PCV’s small business services.
