What's the best way to grow a business?

[WhiteHouse]

The paths to the expansion of a business are many but which is the right one? answer to the question depends on the sort of business. Furthermore, it depends on the market during which said business vies for space. it's an issue of selecting a growth strategy that takes longevity into consideration.

First things first, you would like to interact with the services of trusted chartered accountants. Don't make a mistake many do and find this out a couple of years into business. enjoy their expertise from the outset. If you vet them properly and make the proper choice for your business, you won't regret it.

Define the target audiences, buyer personas and demographics best suited to a product or service

Analyse potential weak points within the service offerings of competitors and the way to leverage them.

 

[Niftyyem]

You have made excellent points about the finance and competition of the business. Another thing is the personnel. You should bring on people who share your vision for the business, who are dedicated, efficient and would go the mile with you to see the business succeed.

 

[Sariana23]

Taking into account your words, the main workers should be of your confidence. Make a difference and quality with clients, and this can be obtained with honesty and respect, this helps them to select your services before others.

 

[Peterlight]

You have made excellent points about the finance and competition of the business. Another thing is the personnel. You should bring on people who share your vision for the business, who are dedicated, efficient and would go the mile with you to see the business succeed.

It is not that easy to find the quality of the people you mentioned. But you can also build them also the success of your business is determined by the hard work you put into it

 

[Braga13]

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[Nurudeen]

The best way to start and grow a business is to sell what is in high demand and most importantly get a good location suitable for your business

 

[Ehizzy1]

I think one of the method you cab take to expand your business is making different research and making plans that could help your business grow
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I think one of the method you cab take to expand your business is making different research and making plans that could help your business grow

 

[gammarays]

Personally for me,I prefer to reinvest profits made from the business into the business. This will allow me grow the business without pumping in funds from external sources. It also helps me to get real time analysis about my business.

 

[Setho]

The best way to grow a business is to be fair to the customers, demand feedback and continually grow and follow a trend that boosters.

 

[Ojonuyo]

You are absolutely correct. One of the first things to consider while starting up a business is the financial capital and establishing a strong backup plans so not to run into debt or loan. And I feel one also must be disciplined. It is discipline that helps you not to spend your business profits anyhow on unnecessary things.

 

[Diamond07]

If you want to grow your business you must Get to know your customers. Offer great customer service to win your customer's heart. Nurture existing customers and look for new opportunities. ...
Use social media to create more awareness for your business
Measure what works and refine your approach as you go.

 

[Olahab]

1. Get to know your customers. ...
2. Offer great customer service. ...
3. Nurture existing customers and look for new opportunities. ...
4. Use social media. ...
5. Attend networking events. ...
6. Host events. ...
7. Give back to your community. ...
8. Measure what works and refine your approach as you go.

 

[Abbas ali]

ways to grow your business

1. Get to know your customers. ...
2. Offer great customer service. ...
3. Nurture existing customers and look for new opportunities. ...
4. Use social media. ...
5. Attend networking events. ...
6. Host events. ...
7. Give back to your community. ...
8. Measure what works and refine your approach as you go.

 

[Caali]

To run business smoothly, firstly understand that no business of luck. Many people sit at home and wait for an opportunity to come. While some belong to those categories who never even want any opportunities.

 

[joy101]

The best way to grow in business, is to know more about the business and also planning is contributed in growth of a business, for someone to be successful in a business planning, time, is very important in a business.

 

[Kehinde]

1. Hire the right people. ...
2. Focus on established revenue sources. ...
3. Reduce your risks. ...
4. Be adaptable. ...
5. Focus on your customer experience. ...
6. Invest in yourself. ...
7. Always think ahead. ...
8. Boost customer service.

 

[Chibson]

In order to grow a successful business, you must have made enough research and and have enough money, for the smooth running of the business. You need to create awareness, especially in the online community. You need to go to the social media and do adverts in order to attract potential customers
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In order to grow a successful business, you must have made enough research and and have enough money, for the smooth running of the business. You need to create awareness, especially in the online community. You need to go to the social media and do adverts in order to attract potential customers.

 

[Chumzy]

For me I would say ploughing back your profit for the first few periods of the business. Also sticking deligently to the strategy that got you started. Lastly being honest and not altering the quality of the product or service you offer.

 

[Draysongz]

You've made some accurate points but to add it to that you have to hire the right people. Hire staff who share the same vision with you, staff who are ready to achieve all the goals. Also you need to have a good customer relationship manager.

 

[Gilead]

i believe to grow your business, there are several factors you need to consider.
# looking out for your competition
# keeping your attentions active to better a alternate location of business
#upgrading your business concepts from time to time.