What questions should an SMB entrepreneur keep asking themselves

As an SMB entrepreneur, it is important to regularly evaluate the business and consider the following questions:

➡️ What are our goals and objectives? Are they aligned with our vision and mission?
➡️ What are our key performance indicators (KPIs) and how are we measuring our progress towards achieving them?
➡️ Who are our customers and what are their needs and preferences? Are we meeting their needs and providing them with value?
➡️ Who are our competitors and what are they doing well? How can we differentiate ourselves and compete effectively?
➡️ What are our strengths and weaknesses? How can we leverage our strengths and address our weaknesses?
➡️ What are our opportunities and threats? How can we take advantage of opportunities and mitigate threats?
➡️ What are our key risks and how are we managing them?
➡️ How can we improve our operations and processes to increase efficiency and reduce costs?
➡️ How can we use data and technology to gain insights and make better decisions?
➡️ How can we foster a culture of innovation and continuous improvement within the organization?

Asking these questions and regularly reassessing them can help an SMB entrepreneur stay on track, identify areas that need improvement, and make informed decisions to take the business to the next level.

➡️What questions are you asking yourself?