Meaghan Edelstein
May 16, 2014

5 Valuable Business Tips For Entrepreneurs [Friday Five]

helpful tips

The past week was National Small Business Week. In honor of this important week, we dedicate this week’s Friday Five to America’s entrepreneurs and small business owners.

1) Leverage Social Media

Social media is a powerful tool for both entrepreneurs and small business owners. With a bit of creativity, hard work and basic understanding, social platforms can significantly boost affinity, visibility and your bottom line. Yes, a big budget and brand recognition make it easier for the Goliath companies to stand out; but the small guys can make a big splash too. Check out some of our articles that provide helpful tips for taking advantage of social media:

2) Ask For and Take Advice

Small business owners and entrepreneurs work hard! They often have less resources and smaller teams than big corporations. If you want to see continued growth without it taking a toll on your life and wallet, we recommend seeking advice from others who have succeeded at what you want to do. In addition to reaching out to those who inspire you, pick up a book and learn from some of the most successful business minds. If you need a reading list these articles should help:

3) Have the Right Tools

The right tools can make a world of difference! In today’s tech savvy world it can be difficult to keep up with the latest technology. Whether it’s the right phone system, video conferencing tools, or iPad apps, having the best tools at your fingertips is key.

4) Find Ways to Stay Inspired

You will often see us tweet quotes first thing in the morning (if you don’t follow us on Twitter we advise you to @RingCentral). We do this in an effort to inspire and motivate our followers. Running your own business can be extremely challenging, tiring and at times frustrating. On days that you can’t muster the strength to get those creative juices flowing, or complete the mundane tasks that need to be done, find a way to inspire yourself.  Here are a few of our recommendations:

5) Keep Your Customers Happy

At the end of the day, the one thing all businesses large and small have in common is the need for customers. Without them there is no business. Always keep your customer/client top-of-mind. Happy customers will keep your business alive and well. With every decision you make ask yourself, how will this impact my customers? Celebrate your customers as often as possible and always address any concerns they may have. You can check out our customer stories to see how RingCentral strives to embrace each of our customers.

What advice can you share with small businesses? Tell us in the com