NEW ORLEANS, LA, June 06, 2015 /24-7PressRelease/ -- Entrepreneurs have become exceedingly important for the American economy in recent times. Due to traditional manufacturing jobs going offshore and globalization and technology putting pressure on US wages, small businesses are becoming a critical pathway to mobility and opportunity. Olympus Marketing Inc. points out that this does not just mean for the business owner themselves, but also for those who fill the jobs that the small business creates. Not only has entrepreneurship become increasingly important to the economy but starting a business has become more desirable as it is seen as a path to achieving the American Dream.
About Olympus Marketing Inc: http://www.olympusmarketinginc.com/about/
Olympus Marketing Inc. has shared their key factors which they believe are needed to make the US even more entrepreneurial, and to help entrepreneurs succeed:
Support
Policymakers tend to focus on larger corporations, providing them with tax breaks and means of survival. Small businesses need more support in these areas to help them survive long-term. If policymakers hope to be successful in their efforts to promote entrepreneurs and small businesses they need to know what works. An effective strategy for small businesses needs to focus on the unique needs these companies have. This will attract more entrepreneurs to open new businesses and there will be less risk and more chance of survival.
Access to capital
Entrepreneurs need to know where they can get access to capital and how they can go about this. There needs to be SBA loans and other loan guarantee funds, Community Development Financial Institutions, tax credits, community reinvestment and business plan competitions available to entrepreneurs.
People and skills
Providing entrepreneurship or business classes in schools or online will help young people learn the skills they need to become entrepreneurs or work within a small business. As well as this, it is important that existing entrepreneurs adopt mentoring schemes and help new entrepreneurs to succeed.
Ecosystems for innovation and entrepreneurship support
Governments can help create innovation ecosystems that build on a given region's entrepreneurial strengths. Clustering entrepreneurs around innovative companies and research universities has been proved to work with the success of Silicon Valley.
Olympus Marketing Inc. is an outsourced sales and marketing firm based in New Orleans. The firm supports entrepreneurs and the growth of small businesses within their business. Businesses use Olympus Marketing Inc.'s unique direct marketing techniques in order to grow their brands. Olympus Marketing Inc. connects with consumers face-to-face on behalf of their clients' brands. This personal connection often leads to long-lasting connections between brand and consumer. In turn, this leads to increased customer acquisition, brand awareness and brand loyalty for their clients
Olympus Marketing Inc. believe the key to business success lies in creating a positive customer experience and the firm have spent their the last few weeks developing new strategies that boost customer loyalty and increase customer satisfaction.
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