Tatum Sherman: How to Build a Successful Business

Starting a business is easy, continuing to grow the business into a successful enterprise takes more work and a smart strategic plan. Tatum Sherman started Resource Referrals several years ago and has turned it into one of the most successful staffing agencies in the area. In order for small business owners to be able to make sustained growth more likely, there are a few things they must keep in mind.

When you are first starting out in your business, it is important to spread the word in order to gain and maintain a strong customer base. To understand who your customer base is, you need to invest in market research. Once you have identified your customers, you need to compare what you have discovered with the kind of customers you would like to have for your business. This can help you figure out where the customers are and what you need to do to reach them.

When it comes to the employees, you want to do everything necessary to retain your talent. Hiring new employees can be costly in terms of training. One of the best ways to keep your talent from leaving is to cultivate a solid office culture. You need to make sure you create a welcoming, friendly, and productive environment. In order to find the right kind of talent, employees that are not only qualified but that fit within your organization, you need to be prepared to spend time and money on recruiting, hiring, and training the right employees. You need to look ahead to figure out which positions you’ll need to hire for and using your professional network to find the best candidates.

No matter how carefully you plan, there will be times when you aren’t going to reach your financial goals. By setting realistic goals and expectations from the start and have a clear plan on how you are going to get there. This will help to eliminate being surprised when you miss your goals. To ensure you don’t derail the company by missing financial goals, you want to undershoot the revenue estimates for your company. This will help you to fall short of reaching your expected margins, which can be disastrous for your company.

Finally, find a mentor that has been in your position and found success. They have suggestions they can share and can spare you the pain and cost of making mistakes by talking to you about their failures. They can help put you into a position to succeed.

Tatum Sherman is a successful businesswoman in New Jersey. Her staffing agency, Resource Referral, has matched thousands of unemployed professionals with quality positions at local companies.

To Learn More About Tatum Sherman, Visit : https://twitter.com/tatumsherman1

Though Tatum Sherman is the owner of a big business, Resource Referral, creating a successful business has not been the most daunting challenge in her life. It was when Sherman became a mother that she realized what a real challenge looked like.