3 Tips For Starting A Successful Business

Get A Prime Business Location

Finding the ideal business location could be the very element of its success. If you are planning on running a Daycare Center and the people near the location are mainly single professionals with no children you could be in a very precarious situation.

A few things to think about:

  • Is the location near your where potential customers live or work?
  • Is there ample parking?
  • Is the location or area easy to get to and navigate around?
  • Or is it too close to your competition?


Small businesses can find their best business location by using a free tool from the Census Bureau called Census Business Builder

You input some information about your business such as type of business, and desired location and it will map out where potential customers and business competition are likely located in relation to your desired business location. You can also have it create a report for you with an organized break down of the info, such as gender, age range, income, education, and more.


Find The Best Customers For Your Niche

It is important to be focused and have a target audience in mind when looking for customers/clients. Without a target you could lose business to your competitors who are more clearly identifying their ideal customers.

Sizeup.com helps business owners find out what potential customers spend their money on, advises on the best places to advertise and how your business compares to your competitors in your area.


Figure Out What Your Customers Want

Happy customers can bring in more business. As a small business owner or entrepreneur you want to know what those key factors are that keep your customers coming back or what may be turning them away.


  • What do they think or feel about your product or service?
  • How satisfied are they with your services?
  • What do they like best about your product?


Find out what your current or potential customers want, by putting together a small survey or surveys to learn more about their preferences, how satisfied they are with your business and what you can improve upon.

With sites like SurveyMonkey.com you can setup surveys that you can send out yourself (via email or social media etc..) or tap into an audience through SurveyMonkey. They have a lot of survey types to choose from, Multiple Choice, Rating Questions, Demographics Questions to name a few. You can also track analytical data and get reports on the survey results.