SMALL BUSINESS CONSULTING SOULTIONS

Business Know How is sometimes more important than your knowledge and passion for your product or service.

Growing a Business requires skills, structure, and planning.

MAT Small Business Consulting offers solutions for retail and service businesses. Our advice will be geared towards your type of business and your specific situation.

You may also be deciding whether to stay in business. We also help plan your business transitions, business transitions, closures, and Store Closing Sales. Most business failure is directly caused by lack of managerial expertise. People often don’t know HOW to run a business. Over the years I've had many clients tell me, if I had only known when I started, how to actually manage my business, from the financial aspects, to the marketing, inventory, and display it might have been more successful.

A Small Business Consultant dedicated to the entrepreneur can help you be creative, passionate, AND learn the management skills needed to keep your business competitive.

Share your own business stories, concerns, or experiences below in our comments section!

Why Small Businesses Fail

• Not Planning. You must have a plan. It can be simple or huge. The point is it makes you focus on your business.

• Entrepreneurial Opportunities Misunderstood. Test new ideas before deciding to try them. Ask yourself, do I have time and skills to run with this area of my business.

• Poor Financial Controls. You must keep regular revenue and expense reports.

• Lack of Experience. An entrepreneur has to wear many hats; marketing, selling, understanding of trends, and skills necessary to offer your products and/or services. EDUCATE YOURSELF!

• Lack of Strong Focused Money Management. Can you live for a year or more without income from this business? Sometimes new businesses are slow to get off the ground. You must have a realistic business budget. You cannot drain business spending on personal spending. Don’t overspend on overhead!

• Weak Location. Research your location area carefully. Consider foot traffic, noise, etc…

• Know Your Competition. Nurture your brand.

• Poor Time Management. If you procrastinate or have poor prioritizing skills, hire a small business consultant to help you plan.

• Ineffective Marketing and Sales Techniques. If you don’t understand the basics of marketing and selling, talk to a small business consultant, get advice and guidance.

• Keep Your Business Neat And Clean. If you don’t have time, hire a service. Your customers don’t want to do business in a messy, dusty, untidy atmosphere.

• Entrepreneurial Burn Out. Owning a business requires a big investment in time, money and emotions. Sometimes this leads to burnout and a negative attitude. You need a business consultant to pick up the slack, (and self-care time).

Share Your Experiences

Share your comments about succeeding or failing.

What do you think is the most important thing?