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How to overcome the biggest challenges facing your small business

By: Jessica Urgiles-- 2015-02-20 5:20 pm --

While small business owners are some of the happiest people in the country, there are certain challenges that they all face. From limited funds to simply not having enough time to get through endless to-do lists, the stressful side of being a business owner can take a toll on even veteran entrepreneurs. Don’t let any of these worries keep you up at night. Learn how to overcome the common challenges and concentrate on moving your business forward.

 

Money

At the end of the day, the goal of your business is for the funds coming in to exceed your expenses. Spending wisely is a pivotal part of ensuring you aren’t hemorrhaging money. Put in the time and effort to find the best prices for everything you’re purchasing for your business. Use a wholesaler to buy in bulk and take advantage of closeout sales to stretch every dollar. At DollarDays, we have over 300,000 wholesale items that are sold by the case. This helps keep money in your wallet in a number of ways: you pay less for quality items and you don’t have to purchase more than you need.

 

Time

Time management skills are essential to the success of your business. Use a digital calendar or invest in a paper planner to schedule your days. Learn the art of creating a killer (and realistic) to-do list. Use color coding to easily spot important events and know where to devote your time. Above all else, leave time to unwind and do the things you enjoy.

 

Competition

Competition can be a great motivator, but it can also be an even greater source of stress. Knowing your strengths and weaknesses is crucial. Maybe you can’t provide free shipping like your biggest competitor, but your prices and products are superior to theirs. Hone in on what you do well to stand out. Let your customers choose what’s important to them. You won’t be able to please everyone and that’s okay. By focusing on your strengths, it will allow you to improve the best parts of your business, which will attract new customers. And you will sleep better, too.


Our mission at DollarDays is to offer small businesses the products they need to succeed. We believe in providing small businesses with fair wholesale prices, no strings attached. Between our frequent discounts, daily flash sales and closeout deals, you’ll find various ways to save every day.