The 3 key ingredients for SMEs are:-
There are majorly three key ingredients for any kind of Small or Medium Enterprises as follows:
1. Maintaining the CRM -
The customer's data is very important because we have been into the business since 2014 initially even we did not pay heed to this when coming to 2016/17 it was the time when we wanted to get back to our old customers but we did not have their numbers or email ids. The contact persons were changed. So, you always need to be in touch with your roots which is very important. Your old clients who have been with you during your initial stages are always very special with whom one will always need to be in touch with.
2. Resources -
Invest your time in resources because an organization can be built by your team & not individually. So, you need to be very sharp in hiring people because you are investing your time & money on them. You need to have them who have a vision for the long run and don’t take you or your company as a short time option. Alignment ownership is very important which you will not find in average people.
3. There is no shortcut to success -
You need to work hard, you need to evaluate your mistakes because going back to your mistakes is also very important. So, that you don’t repeat it again ahead in your life.