5 Biggest tips to make your Business Grow
It takes a lot of preparation for rocket ships to launch into space and explore the galaxies. Endless hours of training, spinning in that circle thing, measuring lung capacities..etc. There are important and crucial steps to take before BLAST OFF. Astronauts must be prepared well for smooth sailing- similar to business owners.
For a prosperous and smooth journey into the galaxies of business growth:
Here are the biggest tips in making your business grow- without any turbulence.
1) Drop the “Build it and they will come mentality”.
Sometimes businesses overlook the importance of a marketing budget. Some may say Facebook is something for millennials and Yelp is only used by a super angry soccer mom whose son wasn’t happy with his chocolate chip pebbles pancakes at the local Pancake Shop. However various consumer studies have concluded with marketing in any form (print, digital..etc) is highly important and crucial to the success of a business. It helps create more traffic to the business website and gives a customer-centric approach to gaining further leads.
2) Happy Team Happy Business
It is important to keep your employees happy and not let it be a scene from the movie “Office Space.” It is important to make your employees feel appreciated because if they are unhappy- sometimes that attitude can spill over into customer interaction. A happy workplace boosts productivity.
3) Invest in the right type of technology
Welcome to the 21st century, stop using outdated technology that is as old as Madonna’s Material Girl. By utilizing the right technologies, it gives you the ability to systemize and scale creating sustainable and often more profitable growth.
4) Attend networking events
Investing time in building your networks will benefit your business tremendously. Sometimes it’s not about what you know- but who you know. Networking allows you to build relationships with other people and encourage them to refer customers to you through WOM (word of mouth)
5) Nurture existing customers and look for new opportunities
Set aside specific strategies in place to boost up customer retention. Stay in contact with existing customers via an e-mail newsletter. At the same time look for new opportunities to get more work and build your customer base.