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Take Control and Increase Growth – Article 3
The purpose of this article is to help business owners understand the key daily decisions that influence dependence on external funding and either limit or expand the growth potential of a business. There are essentially 4 decisions: 1. cash; 2. people; 3. strategy; and 4. execution. This article (#3) addresses strategy, which is the primary driver of growth. If you are not growing in the top tier of your industry segment you have a strategy problem. In this article are ideas to help you develop your strategy.

Other increase growth Related Articles

CRM Customer Relationship Management
What is CRM, Customer Relationship Management? Read this article to find out how CRM can be used to increase your small business growth.
3 HOT tips to improve your ads flyers and letters for Small Business Growth
3 HOT tips to improve your ads/flyers and letters to increase your number of leads for small business growth.
9 Ways To Increase Cash Flow For Small Business Growth
Small Business Owners - Read these 9 ways to increase your cash flow and thereby increase your small business growth.
SMEs - a South African perspective on SME start up and growth
How does the South African government plan its interventions to increase the start up and growth rate of SME's
5.2 Is it factor accumulation or total factor productivity that drives growth in Africa?: Economic Report on Africa 2007
To investigate the link between growth and diversification, it was important to first quantify the contribution of TFP to economic growth. This section analyses the sources of growth for African countries using the standard growth accounting method, making it possible to disaggregate the shares of growth contributed by TFP, capital and labour. Growth in output is the sum of the growth in capital, labour and TFP. Capital accumulation is an essential element in the growth process, as it enlarges the economy’s capacity to produce. Increases in labour or labour force have traditionally been considered a positive factor in stimulating economic growth.
Business and Sales Growth Secrets for 2009
The jury is still out about our current economy. Some say we will be experiencing a mild recession and others say we are on the brink of a depression. It doesn’t matter where you fall in the debate, one thing is certain, business growth is not as easy as it once was. If you have been reading the news headlines, many CEO’s are focused on cutting costs and laying off employees. This does help short term profitability, however these actions are precisely the wrong strategy to take if you want to grow your company in a bad economy. CEO’s who want to increase sales, profit margins and drive new business growth in 2009 should consider the following top 5 business growth success secrets.
5 Ways to Stimulate Sales Growth and Business Value
Are you looking for new ways to stimulate your sales growth and ultimately increase the value of your business ? In today’s challenging business environment, dramatic sales growth may seem impossible to achieve. In this article we will introduce 5 proven strategies you can implement to quickly improve sales growth and increase the value of your business.
Defending Profit Margins
Each percentage point of gross profit margin you lose requires a 4% volume growth just to keep profit steady. A five point increase in your profit margin is the equivilent to a 20% increase in sales. A five point increase in your profit margin can equal a 50% boost to your bottom line profit. How do you communicate the value you provide to the customer so that you are not seen as a commodity and therefore maintain the profit margin you need to grow your business.
Practical Ways To Grow Your Small Business
As I work with more types of businesses, it becomes more and more obvious to me that the principles for basic business growth don't really change. The trick is to figure out how to apply them to the particular business you are in. So, for example, there are only 3 ways to grow your business, right? Essentially, you can increase traffic, increase conversions and work the back end for more profits. But how do you apply that to your business in a real and valuable way?
Five Insights On Increasing Profits through Value and Service
Are you focused on lead generation or improving customer experience? It's 5 times more expensive to generate a new sale. The most profitable way to grow is to increase repeat sales and referral business and yet, over 65% of entrepreneurs spend a majority of the budget on new business. When you increase your value and service experience, you'll be able to generate more profitable growth from your most valuable asset - your current clients.
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