There are nearly 214 million companies worldwide. While many of them occupy offices and entire buildings, half of them have had rather modest beginnings. More than 50% of small companies are home-launched, meaning they are born and grown out of someone’s spare room or garage. When you start a business, you naturally want to grow it. However, sometimes business owners…
You can’t rely solely on a good product or service to survive in today’s business climate. With all of the complexities of running a business, you often don’t know what you don’t know. In the last 40 years, small businesses have more than doubled. That’s a lot of competitors, and to stay afloat, you need to be on top of…
At whatever stage, the key to a successful business is a well-written business plan. It’s a simple document that articulates your goals and the step-by-step process of how to achieve them. It doesn’t matter if you’re just starting out or growing an established business because you’ll still need a plan so that you’re not just taking action blindly. Why you…
Are you an aspiring business owner with an idea to grow into a business, but unsure of how to turn it into reality? Are you already trying out a business strategy, but it isn’t producing the results you expected? One solution to your problem is to simply create a strategic business plan. A business plan is a written document of…
Businesses create strategies with the intention of succeeding, but these plans can sometimes fall short. And when failure happens, it can be frustrating for business owners since they’ve spent a lot of time and resources. In order to avoid this fate, especially for scale-ups that are gearing towards growing exponentially, it’s important to understand how business strategies fail. The reason…
Whatever the reason you think it could be time to scale-up your business, taking the leap and making the decision is an important step. It’s not something to rush into unprepared. Making changes on the scale seen by scale-up businesses is something you shouldn’t do until you’re ready. When are you ready, though? This can be much harder to figure…
Marketing covers a large variety of mediums and approaches, each with their own experts, techniques and necessary connections. It may not be sensible to try and handle every element in-house. In these cases, outsourcing to marketing agencies may be the way to go. You want to be getting the best from your agency, so it’s important to hire the right…
Scaling up is an important step for your business. Preparing to become a scale-up business is something that requires due care and attention. Your business will change a lot, and you need to make sure you’re able to handle it. It’s important not to rush into something like scaling up, but to choose your moment carefully once you’re ready. There…
If you want to make more money, then you’re going to need more customers. There’s only so much business you can do with your existing clients, so you’ll need to attract more in order to increase growth. This article explains some ways you can go about how to generate better marketing leads. What are marketing leads? Marketing leads are potential…
Digital transformation is changing how business is done and, in some cases, creating entirely new types of business. It’s not just about choosing the right machine or software for the job; it’s taking a critical view of everything your business does and how you go about doing it. This article will explain what digital transformation really is, as well as…