Small Business Focus

Run your big business like a small business

A well run small business has a whole lot of lessons for big businesses or well established medium size businesses that are looking for a fresh start.

Pavlo Phitidis, Aurik Business Incubator

Pavlo Phitidis gives us useful tips for keeping a small business mindset that can benefit big business .

Those many leaks, which are substantial leaks are not seen because the business is so big. It all accumulates and adds up. So waste not want not. That's a mantra in a small business. And if you can keep that discipline as the business grows and expands you will benefit greatly.

Pavlo Phitidis, Aurik Business Incubator

As lead entrepreneur of a company, develop and maintain five or six direct customer relationships from day one. Ask them the question over the years - how can we improve our business?

Pavlo Phitidis, Aurik Business Incubator

Create a great environment for staff by having a set of values that you really believe represent that business. Find people who fit with those values. Where there is drudge work, automate. And release people from drudge work to a more creative side of work.

Pavlo Phitidis, Aurik Business Incubator

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by NEWSROOM AI
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