Your ability to communicate with someone, whether they’re a financial representative, investor, account manager, or city planner, is absolutely essential to a successful business venture. From drafting out a clear and concise email to your employees to properly and thoroughly articulating your thoughts, the ability to effectively communicate — and be versed in communication within the context of your small business — can really make or break your success.
Business Communication Tips From Our Asset-Based Lending Company
Stop, Collaborate, And Listen
Just like Vanilla Ice once said, you really should take the time to stop, collaborate with your team, and listen to their unique needs. Even if you’re a one-man team, there’s something to be said about the importance of slowing down and listening to yourself every once and awhile. Let’s face it, it’s easy to get lost in our own thoughts, especially when it comes to getting your own business off the ground and running.
Remember, communication (especially effective business communication) is all about the give and take of conversation, not a one-sided monologue.
Don’t Put Off Talking About Sensitive Matters For Too Long
No one wants to offend anybody, especially in a professional relationship. That being said, business quarrels are kind of like bottling up your emotions. The longer you wait to express how you feel, the more likely you are to act irrationally and impulsively, and you can even come across a lot differently than how you intended. That’s not conducive to productivity.
Work On Your Nonverbal Communication Skills
There’s a lot that can be said without saying much at all. Gestures, facial expressions, and various body language can really communicate our thoughts and feelings more than we think they can. This study actually found that nonverbal communication made up for about 55 percent of how the audience perceived a given presenter.
Combining intentional hand gestures and clear facial expressions with concise, well-thought-out words is the best way to communicate with someone else in just about any context, especially in the case of running your small to medium-sized business.
Begin (And End) With Key Points
More often than not, people are more likely to forget what you said during the middle of your statements, and also more likely to remember what you started with and what you ended with. To make the biggest possible impact on the people that you’re talking to, take advantage of this piece of information by starting and ending your thoughts/statements with key points. If you need to reiterate what your main points are with another short statement, that’s completely fine, so long as you’re not overemphasizing anything.
Need Asset-Based Lending For Your SMB? We Can Help!
With a tried-and-true track record for helping small businesses grow and succeed with additional capital funding, The Commercial Finance Group can help your company’s financial situation. Get in touch with us today to get started!