The Strategy Of Chess

3 Reasons Why Small Business Owners Are Good at Problem Solving

Small business owners who use Fotogress are naturals at problem solving, evidenced when they present a problem and its solution in side-by-side before and after photos. These photos help prove to their customers that they are experts at what they do and are capable of solving any number of problems. To be great problem solvers, Joyce Marter, CEO of Urban Balance, says one of the greatest skills a small business owner can possess is to better handle problems and face times of uncertainty, or in other words, risk tolerance.

“Tolerance for risk is the most essential psychological trait small-business owners must possess to successfully surf times of uncertainty and challenge,” says Marter. This means balancing the desire to avoid making risky decisions, but also taking on new challenges that may help you take your company to the next level.

Small business owners are constantly walking this tightrope – to take a risk or not. Here are 3 reasons why small business owners are a cut above the rest when it comes to business problem solving.

They know how to make the most of their limited resources

Small business owners know what it’s like to hustle to get the job done, as one Bank of Montreal study notes. 51 per cent of small business owners surveyed said they work more than 41 hours a week, and 18 per cent work more than 60 per cent. Small business owners are also helping drive our economy with their financial savvy: 6 out of 10 jobs in the US last year were created by small businesses, and they contributed $3 trillion to the economy.

They think about their business problem solving holistically

Small business owners have their hands in every aspect of their company, so when they are thinking about next steps to take or considering a move that may change the face of their business, they consider everything at once. Not only will the consider the potential financial gains, but also how it will affect their employees and the tone of their business environment.

They focus on tangible results and are goal oriented

Small business owners focus on the things that matter, predominantly acquiring new customers. They also know that to get those customers, they have to prove their value. That’s why so many SME’s are turning to social tools to show the great results of their work.

Join Fotogress today and show your customers how your small business solves problems. 

Photo Credit: “The Strategy of Chess” by Ken Teegardin is licensed under CC BY SA 2.0