Business Articles Home - Woopidoo.com - Info
Business articles
Money, Finance & Business

Business Growth Article

Business articles, motivational articles & marketing articles.
Woopidoo.com - Business Motivation online!
Business Growth Article by Michael Dylan Business Growth Article by Michael Dylan

Sponsors
business articles
Michael Dylan
Internet Entrepreneur and Businessman

Michael Dylan is a successful entrepreneur and business enthusiast. He has owned and managed several successful business online and offline.

::: Woopidoo!> Business Articles> Michael Dylan> Growing Business Article

Business Growth Business Growth - Article by Michael Dylan

Once your business is up and running and things are going fine, you will start to look at how to grow. There are many ways to expand a good business, but first make sure you have your current circumstances under control. It makes no sense to start opening new stores if you are still struggling with customer service or accounting issues.. it would simply increase your worries.

Besides the usual marketing plan and good customer service that we already have installed for the organic growth of our business, here's a few more ways to kick start business growth.

Increase Products and Services Increase Products and Services
Look for opportunities to introduce new products and/or services that our current customers could use. Ask customers how you could help them or see if there are other products that they would be interested in purchasing from you. Improving or updating current products and services can also encourage growth.

Open New Stores or Buy Existing Businesses Open New Stores or Buy Existing Businesses
Depending on how much risk you are willing to take, purchasing existing businesses or opening new stores can be a fast track to massive business growth. It's important to digest new acquisitions before you end up biting off more than you can chew though. Too much growth can sometimes be just as stressful as a lack of growth, so be sure to consolidate after each purchase.

Going Online Going Online
Very few businesses cannot benefit from going online. The benefits will vary quite a bit, depending on your industry and the products or services you provide. If it is done properly, you may start to see your Internet profits catching up to and surpassing your bricks and mortar business!. The Internet is open 24 hours a day with millions of potential customers worldwide.

Franchise Franchise
Not every business is suitable to franchise, but if your business systems are in place and you are willing to put the work in to getting started as a franchiser it can be an excellent source of growth.

Look for New Types of Customers Look for New Types of Customers
Is your target market too specialized? If you cater to a niche market, look for ways of reaching out to a more diverse customer base. If your products cater to just women, look at ways to reach men also. If you have mostly young people using your services, look for opportunities to reach elderly customers. Some businesses cater to a very niche market and that's the reason for their success, but often with a little imagination you can increase your possible market.

The surest way to successful business growth is to know your business, know your products, and to know your customers. With confidence in these three aspects of business you will be more confident in making decisions when it comes to pursuing growth.


"I think that our fundamental belief is that for us growth is a way of life and we have to grow at all times." Mukesh Ambani Quote




This article by Michael Dylan may not be reproduced online in part or whole. Copyright © Woopidoo.com

::: more Michael Dylan Articles
::: more Small Business Articles
::: more Entrepreneur Articles
::: more Business Opportunity Articles



business and Finance Resources Related Business and Finance Resources at Woopidoo.com

Business Articles : Leadership - Business Start Up - Entrepreneur - Motivational - Rich Lists - Self Help Articles
Business Quotes : Action - Advertising - Ambition - Business - Change - Confidence - Courage - Customers - Entrepreneurs
- Goals - Growth - Innovation - Inspirational - Management - Marketing - Motivational - Opportunity - Products - Research - Success Quotes
Business Leaders : Brian Tracy - Tony Robbins Bio - Donald Trump - Wayne Dyer - Oprah Winfrey Biography


This article by Michael Dylan may not be reproduced online in part or whole. Copyright © Woopidoo.com


::: Woopidoo Business Success> Business Motivation Articles> Michael Dylan Articles> Grow Your Business Article





business and finance articles Business Articles

Subscribe to receive a motivational business and success quote three times each week. Includes motivational quotes from International leaders in business, finance, and motivation.
Subscribe
Unsubscribe




business articles author Business Author Info

business author michael dylan
Business and Finance Portal

Woopidoo Business Portal

Business Growth Article by Michael Dylan

See also Business Leaders by Profession, by Country, or Alphabetical Listings
Business News Articles - Richest People - Book Reviews
Copyright © Woopidoo.com - Learn from the leaders in business!