How to Enhance the Credibility of Your Small Business

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BUSINESS MANAGEMENT

How to Enhance the Credibility of Your Small Business

July 8, 2016 | Jennifer Goodwyn

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Each year, hundreds of startups fail. Although a small percentage, there are also those that make it big and become household names. A large number of startups end up somewhere in the middle. When you are looking for new investors, partners, or clients, having credibility is key. You want people to be able to trust you. Otherwise, they will not take you seriously. Since most startups do not have years of experience, you will have to find another way to show people that you are trustworthy and serious about whatever you are trying to do. Here are some tips to help your business build the credibility it deserves.

1.       Be Honest

If you are looking to start your business on the right foot, you have, to be honest. Be honest with your intentions, and what you are looking for. People can tell when you are lying, or even just holding information back. Put everything out into the open, not just your successes and aspirations. You can be honest about your difficulties, and any future difficulties you think you may face. Make sure whomever you are talking to knows the entire situation. Even your tone will make a difference!

2.       Come Prepared

Nobody likes someone who is not ready to go. If you are going into a meeting with investors, partners, or just anyone, come prepared with any information you may need. Make sure that it is organized, clean, and represents your company. Business cards, a slideshow, information packets- these are all very important aspects when establishing credibility. Don't give someone a reason to doubt you. If you do, they will.

3.       Know Your Stuff

Be ready for any and all questions. From the company story to the financials, to your advisory board, you need to have answers ready to go for any questions at any time. You are the expert here, so act like it. Again, confidence is key. When you walk into a room, people should feel your presence. If you have made it this far, you have done something special, so why not be confident? Stand tall, dress well, smells good, show confidence through your speech. A well-tailored suit can go a long way, so head to the tailor and put yourself in a position to succeed.

4.      Have a Professional Space

As you continue to grow, having an office is also an essential part of establishing credibility. Being able to have access to an executive suite, or meetings rooms, is so important when you are are trying to make a first impression. Fortunately, Servcorp offers all of this and more in locations all around the world. Bet on yourself and invest in yourself. By choosing to work with Servcorp, you have access to state-of-the-art meeting rooms and offices, available to reserve whenever you need them.

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How to Enhance the Credibility of Your Small Business