When the economy goes south, one of the first sectors that get hurt are small businesses. Many are underfunded, rely on larger companies for a portion of their business or are in the competitive retail and service sectors. So when the larger companies move, consolidate or go broke or the consumer stops buying; the smaller single proprietorships have a hard time and many go broke and are forced to close.
Not only do the people working for the small company become unemployed but the owners are forced to become job hunters. It may have been years since the small business owner engaged in a job search so it’s a new experience with a whole new set of challenges.
Address specific needs
As a small business owner you were forced to wear many hats. Marketing manager, financial officer, HR manager, customer service manager, and floor cleaner were all in your job description. In writing your resume, it’s more productive to narrow the scope of the jobs and companies you are targeting. Write a separate resume for each position you uncover, addressing the needs of the employer.
Make use of your network
Another productive avenue in job hunting is to contact your network of people you know and inform them that you are looking for a job. Vendors, business associates in the local Chamber of Commerce, friends from school, customers, neighbors, and associates in service organizations are all fair game to be contacted. As you work through your list, ask for referrals of the names of others who might be able to help you uncover an open position.
Now comes the difficult part of the job search. You have your first job interview scheduled. And you know you are going to be asked questions about the time you ran your business and worked for yourself and why it closed.
First, before we get to developing strategies to deal with the questions about your business you need to properly prepare for all the other questions you may be asked in the job interview.
Do your research about the prospective employer. Of all the information learned come up with 3-4 questions not covered in your research material. At the appropriate times in the job interview they can be asked. Develop and practice a strong closing argument as to why you are the best candidate for the job and the benefits you bring to the position.
In the job interview, the interviewer will not be trying to question your judgments or uncover possible mistakes you made in running your business. Overall they are looking to assure themselves that you have the appropriate skills to fulfill the job requirements.
When asked why the business closed or why you sold it; stick to the facts. A good answer is that you planned for certain things to happen and when the economy took a turn for the worse, or your biggest customer moved, or the city tore up the street in front of you store for six months, or a vendor raised prices and you couldn’t pass the price to your customers, or a well-financed larger competitor moved across the street all and more are valid reason for closing a business.
In the last half of the answer tell the interviewer what you learned from the experience. Keep the answer positive, concise, and smile. It is not the time to blame anyone, or complain about the outcome. It is what it is, your focus is to move forward and not worry about the past.
Now comes the second “no longer running a business,” question. The interviewer asks, “How do we know that when you see another opportunity you won’t quit us and start another business?”
Tell the interviewer, you have no intention of starting another business, that phase of your life is over and you learned any number of valuable lessons running your own business. Your only goal is to bring those lessons to the job you applied for and generate benefits for your new employer. Period, end of story.
Let professionals do the job
Most people think that writing resume is an easy job. However, more often than not, they are wrong. They end up submitting a messy and unimpressive resume which is quickly thrown into the trash bin.
Don’t let your resume get treated like that! At Style Resumes, we know what we’re doing. We’ve helped thousands of job seekers get their dream job by giving them an impressive resume and cover letter that made employers feel in love with them. Get in touch with us and let’s craft that perfect resume!