As a small business owner you are more than likely struggling with quite a few problems aside from the general day to day running of your business. Most likely you have trouble marketing to your potential customers, you are struggling to increase your income and if you do manage to achieve a profit you will most likely not be well advised on how to invest and increase that profit by making your money work for you. As a small business owner you need to be able to invest wisely and profitably. Now you can get investment advice from many places but it is vital that you use your limited assets wisely. Therefore you need to find the best advice you can, coming from industry leaders rather than investment advisers who are basically in a small business just like you are. If this advice comes from a company with no vested interest i.e. you are not paying them and secondly it is a company that you can actually earn money with while you get advice from them, then you are really in a place you want to be in. I also am a small business owner and I know well the up and down nature of your income levels. Your income can and will be affected by anything from natural disasters to economic recession. Because of this having another business that you can work in conjunction with your traditional business will be of great benefit. It will provide you with a long term residual income that is not affected by external conditions.
As a business owner you should also always be looking at learning new ways to market to your client base. To do this you need to train yourself to do so. Using a top of the line training company with cutting edge systems will benefit you in any business venture you choose and is pretty much a must when you are dealing with competition in today's marketplace. In summary small business owners face a hard task each and every day. It is and always will be a battle to survive, especially as the economic conditions worldwide worsen by the day. If you can bomb proof your business by finding a way to earn a second residual income how would that make you feel. I know when I found such a way my life became much less stressful and much more enjoyable. So get yourself into a different thought process, realise that you do not just have to rely on your traditional business to support your family and take action that will lead to your 2010 being the best it can be.About the Author: