Posts Tagged ‘Growth’
These 4 Marketing Strategies Significantly Accelerated My Business Growth
The critical decision of whether or not to save or abandon my business came just a few years ago. I had just opened a travel agency in Colombia, with the hopes of exploring its ever expanding tourism market. What I hadn’t expected, however, was the number of other agencies already established in the country, and…
Read MoreSmall Business Tips: How to Expand Your Business
Congratulations on successfully starting your business! If you’re ready to take the next step, but don’t know exactly how to go about that, here are some ideas for thinking about growing your business. Turn your business into a franchise – If your business model is easily replicated, and you want to see your business grow…
Read MoreThe Growth Secret: How to Stay Six Steps Ahead of Your Competition
Here is a fact that the best leaders understand but everyone else wrestles with: Innovation needs to be countercyclical. The best time to create the next big thing is when things are going well, not when you are struggling. When the economy is booming and their company is crushing it in the marketplace, most leaders tend to…
Read MoreWhen You Should Seek Financing for Business Growth
Growth is the lifeblood of every young business. Yet sometimes it seems too risky to take out finance to take your company to the next level. So what are the signs that you should seek to borrow? Your customers are spending more Growing your business doesn’t simply involve taking on new customers: you may find…
Read MoreBusiness Development by the Numbers
Last week we started to identify some key financial metrics that you need to have a handle on as you plan your business development for the upcoming year in a smart way. If you did the math I outlined last week, you now know: How much of every earned dollar you actually get to keep…
Read More6 Top Tips for Creating an Effective Global Mobility Strategy
Global mobility is a crucial part of international business growth—make sure you know how to create, and deploy, your strategy. The international business landscape has opened up to organizations of every size and shape—making expansion across borders more and more common. Business growth of any kind brings both opportunities and challenges, not least those involved…
Read MoreAvoid “The Tyranny of the New Office” Syndrome
One of the most obvious observations I make with growing company CEO’s is that planning for a new office is done with an optimistic view of the future, incorporating planned space that compromises only slightly the measured needs for the next three or more years as outlined in the financial forecast. The result, signing a…
Read More5 Ways to Know if Your Small Business Has Franchise Potential
It’s important as a small business owner to evaluate different options to expand your business in the future. One choice that can be very attractive is franchising. It could allow your business to grow quicker than it might otherwise, without the kind of capital investment required if you do it alone. Taking your small business…
Read MoreSign Short Term Leases Early On, and Move As You Grow
Avoid long-term commitments. It is statistically true that at least half of the young companies funded by angel or venture investors will not survive three years from funding to demise, and more than that percentage will die with two years if not well financed. The greatest burden of either a growing company or one needing…
Read MoreThe Growth Dilemma
Adapted from the upcoming book The Growth Dilemma: Determining Your Entrepreneurial Type to Find Your Financing Comfort Zone. If you ask me to describe the primary tension that has kept me awake over the past eight years as I have built my company, it is whether I am investing fast enough to ensure the best…
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