Home Advertise Contact Blog Advertiser Login RSS
Newsletter Signup

Your Free Business Opportunity Resource Is Easy To Use
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News

Optimizing Your Business for Mobile - Not too long ago, your business would be considered tech savvy if your website was easy to read on a smartphone and employees could access their emails on the go.

But, with how quickly the digital world is moving these days, this is just the beginning...

Getting Started CRM - Customer Relationship Management software, usually called CRM, can keep your customers happy and boost your sales. The right one makes it easy to track who is buying from you and where they are in the sales cycle.

Getting Started

Common Succession Planning - Legacy planning, as owners of family businesses know, is essential for the continued success of the business.

However, that doesn’t always mean that owners take the right steps to ensure a seamless

Sponsors

STARSCAPES®
Imagine making up to $500 to $1,800 a day! Call or click now see how you can get your business for FREE! (602) 679-0257
Kaeser & Blair Promotional Products
Run Your Own Business. Be Your Own Boss. Earn Great Profit Potential. Start At A Low Cost. Try It For Free! Learn More.
 
Resource Center > Article
How To Grow Your Existing Business
25 Feb 10 Posted by: Kevin James Culp
in Growth & Profit
Share this Article:

Are you living the American Dream by owning your own business? Is your business doing well but you now need to grow? Maybe you aren’t seeing the returns on your business that you thought you would have when you first opened. Maybe you decided to open a home-based business after being laid off or fired? Maybe all you need is some growth ideas to blow up like nitro.

If you’ve already mastered the basics like providing top-notch customer support that can create word-of-mouth buzz about your business and you have a solid business plan in place, what you might need is to employ some strategies that can grow your business in ways you might not have thought of yet.

Below is a list of sure ways to set your business off like a firecracker in Q2 of this year and beyond.


  1. Expand on existing products and/or services to fully maximize the market potential for what you already sell. After all, offering a wider selection of what your customers already like is a proven way to increase revenue.

  2. Developing new products and/or services from your existing base is a way to increase both your revenue and your market share. You can even survey existing customers asking them what they would like to see added to your existing platform of offerings.

  3. Employ new ways to increase the sales of your existing products and/or services. Think of possibly adding on a new sales person, a freelancer, an intern, an independent contractor or even a family member to help you out. If you’ve been wearing all the hats you might have been missing hours per day that could have been better suited selling rather than doing other tasks.

  4. Development and deployment of new technologies to aid in how you interact with your customers can do wonders. Sending out emails, newsletters or adding a blog to an existing web site can all help increase revenue. Also, consider opening a merchant account so you can accept more forms of payment.

  5. If you haven’t built a web site in today’s market you can’t afford not to have one. This is one place you can expand your reach to a global market place with not much expense to get up and running.

  6. Think about offering your business as a business opportunity, distributorship, licensee opportunity or even as a franchise. By doing so, you can duplicate your existing efforts and create multiple revenue streams that will work hard for you in the coming months and years.

  7. If your business is highly specialized and you feel that you’ve tapped your niche, try to think of new customers that can correlate to your existing ones in new market sectors. This can be a surprisingly rewarding exercise.

  8. If you partner with a company or person in a related industry or maybe even within your own industry that you don’t directly compete with, you might create a synergy that can boost your bottom line quickly. This can be one of the least expensive and most effective ways to grow your business.


Remember, if you do nothing to grow, then most likely you will receive no results in return. Know your products, know your services, know your customers wants and needs, know your market sector, know your industry and always try new things to grow your business.

Carpe Diem My Friends!

Related Blog Posts
6 May 17 Posted by: Kevin James Culp
in Growth & Profit

Getting Started CRM - Customer Relationship Management software, usually called CRM, can keep your customers happy and boost your sales. The right one makes it easy to track who is buying from you and where they are in the sales cycle.

Getting Started
21 Apr 17 Posted by: Kevin James Culp
in Growth & Profit

Offering Financing Boosts Bottom Line - Staying afloat takes capital. But the process of attracting financing is confusing for small business owners. That’s why a system like FundAbility is so powerful.

Offering Financing Boosts Bottom Line - Here is a look at how you can offer help with financing...
19 Apr 17 Posted by: Tom Ollerenshaw
in Growth & Profit

International Business Expansion - Once your business has established itself on the domestic scene, you should then think about the next steps for your company to help it develop and grow.

International Business Expansion - One option you may want to consider is to take your business overseas...
19 Aug 16 Posted by: Kevin James Culp
in Growth & Profit

The Business Franchise Opportunity Sales Tips 7 Part Series was an idea launched by Keith Shaffer Director of Personal at TheLocalProject.net two weeks ago after a coaching session.  The credit goes to him for this...

10 Feb 16 Posted by: Kevin James Culp
in Growth & Profit
Sales Hack to make you more money! Sales Hacks are not new, but how you use them is.  We receive lots of emails from people about various issues and we are always happy to help.  We also in many cases learn how we can do business better for the future.  Today, I share with you an actual letter we received...
 
   

Entrepreneur Exchange is our forum where we interview the Influencers, CEO's, Author's, Business Owners Of All Types, Shapes and Sizes.

Entrepreneur Exchange: Today, we sat down with Marc Winkelman, CEO of
Video Spotlight

Become a Dealer For Our Portable Self Loading Forklift! We Want To Talk With You. Call Us Toll-Free for Additional Information at 1-866-924-LIFT (5438) Today!


Premium Sponsor