Growing a Business
“Without continual growth and progress, such words as improvement, achievement and success have no meaning.” – Benjamin Franklin
Growing a business is difficult and challenging. Much more challenging than managing a stable business … actually cutting costs and contracting work out is easier than growing a business organically, but the growth journey is so much more fun and rewarding.
Growing gracefully though is a specific skill set. It stems from great business planning, superb branding and design and rigorous management of processes to keep costs from spiralling with sales.
The methodology for growth should be planned in at the beginning of any business and not left to consider once the business is up and going and building sales. At this point the ability to scale gracefully has been pre-determined so can be followed rather than ‘bolted on’ as an afterthought.
One of the main implications of growing a business is the requirement to take on new premises, recruiting more staff and to reconsider your sales and marketing strategy – perhaps even looking at export markets as a route to growth. All these areas are well covered within the Yorkshire Powerhouse website but remember to seek advice from experts who have proven backgrounds in business growth as they should be able to help accelerate your progress and help you avoid the pitfalls.
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Well-designed growing business models add sales before they add costs, not the reverse. Seek expert help and advice from marketing and business experts who can demonstrate their abilities.