Successful small business owners - what is your best advice for someone starting out only 2 years in? -

I d love to hear what has helped you the most to be successful in your field.thanks!

If you are starting in two years then you are best to do a course in running a small business. Learn about tax requirements. Banking facilities, Wages Salaries, Insurance, sales marketing.A small business can vary from a retail shop to a trades person. You must determine your prduct viability within the market before you proceed. Perhaps do a survey, either online, door to door, or a mail-out.Also, the goods and service you provide will need to be reputable and popular unless you are providing to a special market then you will need a high profit margin.High volume sales are maintained by providing a low cost but the damages and faulty stock returns may impede some of your profits. Don t spend excessively on fancy shop fittings till you know the goods or services will be successful for you.Don t start your business if you have no assets or savings. You can start a business on less than $5000 but, remember that your income will need to be derived from the profits and if there are no sales for the first few months, due to setting up processes, you will need income to support you till the businesses is fully operational. Cost out the expected operational expenses for the day, week, month, year. Take into account that gas electrictiy, rent, car expenses, phone internet, wages, insurances, must be part of your costing.