I work in the tiny constrictive office. We have been never the “low bidder” given you devise for a little astonishing difficulties, as well as you have been not “Change Order Artists”. With the manage to buy as is, the kind of formidable to get work given bigger companies have sufficient appropriation which they can undercut tiny businesses to step water.
Any suggestions for what you can do to precedence the tiny commercial operation style?
{ 2 comments… read them below or add one }
As a small business, you can often squeak out a small profit on a job, or in a niche market, where bigger companies can’t because you have lower overhead.
As a small business, you can adopt new tools, technologies, methods, etc. far more quickly than your larger counterparts. This flexibility can be a huge source of competitive advantage.
As a small business, you can still go head-to-head with larger competitors by subcontracting some of the work to other small businesses; this gives you “just in time” scalability. Every time you subcontract you surrender a portion of your profit margin, but it keeps you in the game.
As a small business, you have greater growth potential than many larger competitors, which can make it easier to secure venture capital from investors who want to grow, replicate or franchise a business with a winning model.
cut down expenses as bigger companies need to pay wages as well.
my suggestion to get more work
1) Promote your business into online world, such as social networking, you can meet more small busineses at http://www.theonebusiness.com.au, i have join this group and mainly australia business.
2) use twitter, is a good to get your business notice
3) do you have website? time to get one
4) if you need any information about how to internet marketing works, i found a site http://www.theonemarketing.com pretty good free information.
Do not look down the power of social media website, is a great to promote your business at no cost (apart from internet connection fees)