Sunday, March 29, 2009

Is your small business thriving?

The Little-Guy Economy: Small, nimble firms are thriving in the downturn. The Big Money

Many people think that hatching a small business is just about finding a way to earn money, especially in an economic downturn. But because of my business coaching practice, I find that launching a small business provides the business owner with much more than that. It gives the small business owner a way to create opportunity, maintain or increase his or her agility and promotes his or her strengths and true abilities. Especially in a service industry because you might take large business models break them down to the most important parts, look at needs and solutions and find an opportunity to grow a small business very quickly.

Owning a small business is the income of the future and, frankly, can be a lot more fun for many people compared to what they've experienced working in the big business segment lately. Not so long ago, there was a lot of talk about centralizing companies for operational, HR and financial consistency or keeping the segments small and adaptable. You know what system won and we all know what it is going to be like in the future. There are great possibilities for success in the current economy.

Starting a small business can be fun and opportunistic (financial and otherwise) but it also can be quite an undertaking that one should not plan alone. If you're in a career transition and tired of looking for a job, then perhaps starting a small business is right for you. As a business coach, I've helped numerous small businesses quickly work through many issues related to start-up, expansion, hiring, achieving goals, etc.

If you'd like to find out more about how coaching can help you either start a business from scratch or grow your existing business, please email me to set up an appointment for your initial complimentary consultation.

~ Carroll King Schuller, Business & Life Coach for Fast Thinking Adults
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