Small Business Growth Guidelines
Small business growth does not come automatically especially in these hard economic times. It will not happen just because you report early in the morning and close very late.
You must be a prudent entrepreneur who sees many growth opportunities. And since not all opportunities will suit your business, you should be wise to pick the most suitable.
Small business growth entails seeking ways to expand your company. These include:
• Create, test and launch new products or services.
• Penetrate new target markets
• Try acquisition and mergers
If you need to strengthen your capital base, consider this:
• Forming business partnerships with companies or individuals that are in the same line of business.
To ensure even more small business growth, invest more intensively in this manner:
• Search for more investors to give you easy capital. Alternatively, seek government grants or bank loans.
• Gather customer feedback and aim to nurture strong relationships with them.
• Re-check your marketing strategies not to overspend.
Interested in joining our team? Why not apply today?
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Bottrell Business Consultants Pty Ltd – Chartered Accountants and Business Advisors.
The Bottrell group incorporates Bottrell Business Consultants, Bottrell Accounting & Taxation, Maitland Accounting & Taxation, East Maitland Accounting Services and Mobile Bookkeeping & Recruitment.
Our group of businesses & links include the following companies (& our websites);-
- Bottrell Accounting & Taxation – Visit out website
- Bottrel Business Consultants Pty Ltd – Visit our website
- Maitland Accounting & Taxation – Visit our website
- East Maitland Accounting Services – Visit our website
- Mobile Bookkeeping & Recruitment – Visit our website
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