Published on January 18th, 2018 | by Kandace H0
4 Contacts Every New Entrepreneur Needs To Have on-Hand
There are few business titles that are as rewarding and gratifying as “entrepreneur”. If you consider yourself an entrepreneur, you need to make sure you are living up to the ideals set up by the ones that came before you. Even if you came up with a great idea for a business, you can’t do it all by yourself. Here are four contacts every new entrepreneur needs to have on-hand.
Many entrepreneurs specialize in sales. They use their sense of selling to market new or existing products that catch the attention of customers. While you might be dealing with production and selling of goods, you need to be in touch with suppliers. A good relationship with different suppliers helps you to receive the right materials needed for your products and at the right price. Make sure you should the proper courtesy to your suppliers, and they’ll show it right back to you.
Handling finances for a new business can be difficult if you haven’t done so before. You’ll need to have an understanding of things like profits and how taxes will affect them. While a general knowledge is important, you should enlist the help of professionals, i.e. Accountants. They can give you the best advice on how to handle your finances, especially around tax time. Make sure that you’re hiring trustworthy accountants with a proven record of success.
You often hear about the humble beginnings of giant businesses, starting in places like the CEO’s garage. However, we all need to upgrade eventually. As your business grows, you need to move into a new space. You might use available office space, but you might also consider building one for yourself. You should have the contact of a stone and tile company who can help you with planning and completing the headquarters you dreamed of.
No one became successful without an understanding of how others reached that point. While we all have our own paths towards success, we can still learn from others. Consult with as many other entrepreneurs as possible. Even if you’re in competition, there doesn’t need to be animosity. After you establish yourself, you can teach lessons to budding entrepreneurs of the future.
We hope this has given you a great idea of what contacts you need to have as a new entrepreneur. Every entrepreneur, from Bill Gates to Steve Jobs, started where you are. They had an idea and knew it couldn’t end there. By having the proper contacts, you can make your business shine.