Five Things Business Owners Should Know About How to Grow Your Business

Many entrepreneurs begin their businesses without a mentor or a business degree. They break into business with passion and determination, but like all business owners, eventually they run into a growth stumbling block. Do you know how to grow your business even when others can’t? Here are five things that every entrepreneur should know about growing a business.

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Grow Your Business: Should You Open a New Location?

new location

It’s not the cheapest or the easiest road to travel, but many small businesses choose location expansion as their vehicle for business growth. The general thinking is that more locations could introduce your products and services to a wider customer base. However, expansion could deliver the opposite effect:  too much overhead without the expected bump in sales. Let’s consider the benefits and potential pitfalls of opening in a new location.

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5 Myths About How to Grow Your Business

How much misinformation surrounds learning how to grow your business? With these 5 myths, apparently there’s plenty. There’s no arguing that a small business is like a living thing–it needs a few things to grow. However, many small business owners aren’t sure what the magic formula for high growth is or how to apply those factors to their specific companies.

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3 Things to Understand About Working with Venture Capital Firms

venture capital firms

There are certain types of companies like technology startups and life science companies that venture capital firms (VC) seem to gravitate towards funding. However, you can still receive money from venture capital executives, even if you’re not in one of these fields.

Yes, a chunk of money to start or keep your company going is a wonderful thing to have; and, yes, it’s possible for you to charm a venture capital firm, (or ten), to gather the funds that you need. However, going from a “Please,” to a “Yes,” is a process.

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Two Strategies to get you out of Survival Mode and Grow

survival mode

Sometime,  a lot of businesses go into survival mode.  They get away from the types of strategies that lead to growth and opportunities. Instead, they get stuck in a mode of maintenance. It’s time to get out of maintenance mode and create new opportunities for your business. With that in mind, here are two strategies for you to consider to get out of survival mode and grow.

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