Marketing on 6th, NYC's Provide Business Management Advice

    NEW YORK, NY, November 16, 2014 /24-7PressRelease/ -- Marketing on 6th, NYC, is New York's leading event marketing firm that specializes in connecting their clients to their target audience through innovative and engaging marketing campaigns. The firm's friendly sales force meets with consumers directly, allowing for one on one engagement and brand interactions, meaning consumers are free to make more comfortable and informed purchase decisions. Since 2013 Marketing On 6th, NYC, has steadily grown from a small team of representatives to a fully-fledged competitive business. The firm's customer centric approach has seen their services increase in demand over the last year, with many businesses eager to reconnect with their customers on a more meaningful level. Last month the firm even landed a major new client whose campaign could potentially push the firm into exciting new markets and allow them to expand their reach further across the US.

About Marketing on 6th, NYC, INC: http://www.marketingon6th.com/about/

Marketing on 6th, NYC are aware that for many small businesses, steady growth may not always seem obtainable. Last year it was reported that 8 out of 10 SMEs across the US were failing within 18 months of establishment. Marketing on 6th, NYC believe that without the correct guidance and support with managing their businesses new business owners are likely to fail in their ventures. Managing a business requires knowledge in a lot of key areas, which for first time owners can be daunting. To help business owners keep their ventures on track and help them to achieve steady growth the firm has offered the following business management advice.

Keep an eye on cash flow.
Without a steady flow of cash, a business will struggle to survive. It's easy enough to create a budget plan however in business there are often unexpected costs or costs that go unaccounted for in the initial budgeting. Marketing on 6th, NYC believe that businesses could benefit greatly from referring to a cash flow forecaster to help them identify their running costs on a year by year basis, as well as pinpoint any weaknesses within their cash flow management.

Performance
On the surface it may appear to a business owner that their business is running smoothly, however if they were to dig a little deeper they may discover issues in how their business is performing. By building a business dashboard in which up to date sales figures, costs and profits are easily accessible business owners will be able to keep a closer eye on how their business is running and foresee any issues before they have a major impact on the business.

Tax
The key to good tax management is keeping well organised and extensive records. Consulting a professional is often the best way of keeping on track with tax as they can provide guidance on record keeping as well as any reductions and concessions that a business owner may be able to claim.

Risk Management
By putting a risk management plan in place from day one business owners can reduce their day to day worries and focus all their energies into growing their businesses. A concise risk management plan should include details on insurance should the business run into trouble, and a contingency plan that allows the business to remain operational.

Promote
Promoting a business can be a highly rewarding job and often allows a business to really get to know there customers. Keeping a line communication open is key, whether this is through social media or face to face it's important for businesses to let their customer know they are thinking of them. Being active in the local community is also a highly effective way of promoting a business, often encouraging word of mouth referrals and a positive brand reputation.

Marketing on 6th are a sales and marketing firm based in New York who specialize in event promotions. Working with clients across many industries, the firm pride themselves in the ability to accurately convey their clients brand message through direct marketing campaigns. Marketing on 6th's dynamic sales team are experts in building strong customer relationships and the firm promises a high return on investment for all their clients.

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