Ways to Grow or Save Your Business

When you first started your business or moved to your current job you probably

1. did a lot of research.
2. sought help from advisors
3. received information from books, magazines and other readily available sources.
4. invested a lot in terms of money, time and sweat get your business off the ground.

So...now what?

If you who have survived startup and built a successful business, you may be wondering how to take the next step and grow your business beyond its current status.

If you had a good business and now find yourself in trouble in a falling market, where are the opportunities for growth or how do you survive another 12 months?

Here are some things to look at doing whether expanding or contracting:

1. Open another location or close one.
2. Offer your business as a franchise or business opportunity
3. Take over or merge with dealers or other 3^rd party resellers.
4. License your product or service
5. Form an alliance with a complementary product or a competitor.
6. Diversify into new business areas
7. Target other markets locally, nationally or Internationally
8. Win a government contract
9. Merge with or acquire another business.
10. Expand to the Internet or enhance what you already have.
11. Stay focused on sales and cut costs
12. Find ways to improve your margins

Survival Lower your outgoings Lower your stock holding Do not stop marketing activities Hold your nerve and be brave Watch your cash flow Work with your People

During the work Day – It is all about making Sales

·        prospect every day for new business.

·        do something every day that adds to the promotion of your business to existing customers and new prospective customers

·        use an hourly alarm that will remind you to get back to focusing on sales as it is easy to be distracted when things are not going well.

·        Advertise your business on the Internet using Local Directories

·        Email your customer base with product promotions and discounts to help move your inventory

·        Talk to the right people. Business is all about people and relationships.

·        Keep in touch and find fun ways to follow-up and meet prospects and existing customers.

·        Find reasons to talk to your customers and stay focused on being nice, persistent and firm

·        Be positive about your business when talking to everyone

·        Don’t let your aged debtors go beyond 30 days – collect your money as quickly as you can

During the evening and on weekends – it is all about Growth

This time when you cannot contact customers and prospects if you sell locally, but you can expand your business through other means.

Use the Internet – it is powerful and offers a huge amount of data that can help you manage and grow your business. But once again, focus all your energy on improving customer service, product offerings, being better than your competition, adding value to your sales and managing your cash.

• Look for new products
• Research implementing, expanding & automating your Internal Systems
• Research your competition
• Find ways of expanding your Internet presence and get relevant, pre-qualified prospects to your website
• Setup ways of measuring how many people are visiting your website and what they are doing there.
• Figure out how to bring them to contact you or to get them to leave you their details or even better to place an online order.
• Do your admin jobs, write letters to creditors and debtors to keep your cash management healthy
• Meet with Consultants and other people who can help you
• Spend some quality time with your family

Expand to the Internet.

"Bill Gates once said that there will be only two kinds of businesses out there: those with an Internet presence, and those with no business at all,"

Perhaps this is overstating the case, but an effective Website is now an integral part of business today and we know that more than 80% of all new business comes from the Internet Search these days.

so back to our services

we can help you with any and all of the above.

• Having difficulty getting qualified buyers to your Website?
• Need help with managing or growing your business?
• Want to have a fast start launch of a new product or service?
• Worried about the future?
• Looking for a Partner or a Buyer?

www.WeGrowBusinesses.co.uk offer business and product survival and growth startegies which are aimed at growing a business against the trend, bringing new buying clients to your business quickly and maximizing cashflow objectives. We can also bring equity partners, buyers and new products and services.