8 Business Tips Every Entrepreneur needs to know to keep the business growing

The biggest problem most business owners have is that they are professionals in their field of business but novices in really running a business effectively. This is what usually trips them up, sooner or later.Don’t let this happen to you. Admit that you don’t know what you don’t know about a business, starting with these  tips guaranteed to help keep you and your company in good shape.

always keep extra cash in the bank.

most business fail due to running out of cash. If you know you’ve got a cash flow or liquidity problem coming up,you should fix it now. 

examine yourself

 When things aren’t going well, the first place to look for answers is in the mirror. make sure that your are not the cause of your fail. plan well

Take care of your staffs

This is applicable  to every company, big or small. The cost of losing a star employee is enormous, yet business leaders rarely take the time to ensure their top performers are properly motivated, challenged, and compensated. 
 Note; don't ever abuse your staffs, If you use and abuse them that way, you will come to regret it.

  Learn to stick to your word (say "yes" and "no" a lot.)

The two most important words business owners and founders have at their disposal are “yes” and “no.” use them well. And that means being decisive. The most important reason is to focus and  be clear on what your you say

customers first( listen to them ask for their opinion )

most entrepreneurs don't value their customers that is why there lose to their competitors, not only are their feedback and input among the most critical information they you ever learn, but also an important tool in growing your business

Don't let your ego get the best of you always listen to others. 

 Advice  are crucial because you need them, you need  people to give you more ideas, inspect what you're doing, and push you to greater accomplishments, holding you accountable for what you are committing to do. don't fail on your words and follow through on commitments, even it is when difficult and challenging.Because it isn't about you; but your business. Don't take things personally and always stay out of emotion. Do not let your ego take full control.

Keep good track of everything.

Create written systems for everything, because you will reap benefits from them later on. This is how you train your employees and retain consistency. Know your numbers and check them daily and make all decisions based on what they tell you. One of the most important calculations is cash flow pro forma. Determine how much cash you need to do the business, and do not start without the required cash on hand.

don't be a control freak

 A manager's job is to delegate and then inspect progress. So don't be a control freak. Keep business organization flat. If you delegate effectively, you will get more and better then you expect. Have an actual written training and orientation plan so your employees know what is required of them. Use an incentive-based rewards system, and maintain a no-problem attitude about issues that crop up.