Leeds and Grenville Small Business Enterprise Centre   Helping Small Business in Leeds and Grenville

 

 

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OUR SERVICES Growing Your Business

Growing Your Business

When it comes to growing your existing business, you need to know yourself and your team. What are your strong and weak areas? Sell your strong points, and consider outsourcing or having someone else take care of the tasks you don't specialize in. Ask yourself where you are most effective, that is where you will be most valuable to your company.

Goal setting must be clear. Without a "destination" your organization will keep spinning its wheels. Set goals, measure your success and reach your destination. When we measure our performance, we are more likely to achieve our goals.

The age old question "What comes first? We want to grow, do we hire resources and buy equipment or do we sell first?" The safe answer (if you can manage this) is: sell first then add overhead. Don't forget to sell to your existing customers, it requires less effort to sell to an existing client than market to a new client and hope to get a sale. It is still important to prospect for new clients, without new clients you may not experience the growth results you expect.

As your business grows, your people should too. Are they able to take on more responsibility? Do they have all the tools necessary to follow you to the next level? Ensure that your company culture is strong, and reflects everything you want it to. Your staff needs to feel a sense of belonging and appreciation in order to be productive.

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Growing Your Business


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