July 9, 2012

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Deciphering the best business credit card, based on your individual needs is also helpful. Business credit cards can go a long way towards ramping up your company’s spending power to get through the initial phases of starting a business.  But, do your research to find the right business credit card and keep your credit-based spending under control so that you don’t get in over your head.

4. Create a new marketing plan.

If your current marketing efforts are consistently not yielding results, it may be time to craft a new plan. Carefully planning and tracking your marketing efforts is essential to getting the most out of your marketing dollars.

5. Engage in social media marketing.

One of the best ways to jump-start your business without spending a ton of money is to engage in social media. Social media marketing for small businesses is all about creativity, transparency, and connecting directly with the customer.

You don’t need to be a social media genius to do these things! Just get out there and start blogging, Liking, Tweeting, and Pinning away — after you’ve tweaked your marketing plan to include social media marketing techniques, of course.

6. Say thank you.

Another affordable way to create a great reputation for your business is to be intentional about saying thank you. Thank your employees or contractors when they do a great job for your business. Show your appreciation to customers for being a part of your business, as well.

There are many ways you can do this: from creating business-related swag, Facebook messages to employee of the month lunches. Be creative, and watch as your gratefulness draws more and more people to your business.

Growing a business has never been easier with the readily available tools and resources in today’s market. In comparison, it’s also become harder in some industries due to market saturation and heavy competition. But these six simple steps can help you cost-effectively jump start growth at any stage in business.

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Photo Credit: Lush

Daniela Baker is a small business blogger at CreditDonkey, a website where entrepreneurs  can compare credit cards, read reviews, find rewards, compare rates and apply for the best credit card online.

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