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4 Potential Creative Business Calamities and How To Solve Them

Contributory

by | May 29, 2018

Your creative mind is constantly buzzing no matter what kind of activity or daily chore you are carrying out. Your brain tends to wander off at the strangest of times and you can’t help but think of the potential problems your business might face one day. When you first became an entrepreneur you did you research rigorously and vowed never to make a mistake. You know your ideal client profile inside out, you love what you do and you have a huge passion for the industry. Any problems you come across scare you a little bit as you aren’t always sure how to handle them. Here are four potential bumps in the road that your creative business might face one day. Let’s figure out how to go about solving the issues straight away.

Not Such a Dream Team

When you started your business you recruited your friend to be your business partner in some way shape or form. As time has gone by you have realized it wasn’t such a good idea to get them involved as they aren’t agreeing with any of your creative decisions. Get some advice

from The Weisblatt Law Firm; they will be able to tell you your legal rights and give you a step by step guide on how to solves your disputes. Business partner disagreements are very common, so there will be somebody on hand who knows exactly how to approach your particular problem.

Stuck for Ideas and Innovations

Being a creative has its flaws; suddenly your mind is brimming with ideas and the next moment you are completely stumped. When you find yourself stuck for inspiration for a new product or concept try not to overthink it. Take a step back from your professional life and alleviate the pressure from yourself in any way you can. Whether that means going out for a walk, heading to your local coffee joint or phoning up a friend for advice, do whatever it takes to refocus your brain and get it back into gear.

The Devastating Sales Drop

The creative industry is unpredictable and many entrepreneurs don’t make a steady income each month. The fluctuation in sales can be a huge demotivating factor, but don’t let it get to you. Try to see each slump as a positive and chance to try out something new. Whether that is a new marketing strategy, or even launching an innovative service, this would be your chance to take a little risk and try something completely new.

New Competition

When someone new enters the same market as you it can be totally intimidating. They probably know more than you and they are going to steal all of your customers. That’s what you think might happen, but really competition is going to be really good for your business.

There are many ways you can research your competition and use them to your advantage. New people in your market should spur you on to try new things and keep up with the trends more than ever.

So fix your disputes, assess your financial situation and always stay one step ahead of your competition. When disaster strikes you will know how to deal with it flawlessly!

xoxo, Karmen K

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