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3 Tips For Easy Business Growth

Aug 3, 2020

As a small business owner, we know that you have got an awful lot on your plate.

So much, in fact, that it can be hard to know exactly what to focus on!

But when you boil all your business tasks down, the most important question to ask is: will this task help with my business growth?

Because if your business isn’t growing, you will be hard-pressed to achieve the success you aspire to.

To help make life easier, we have narrowed down to the top three simple things you can do today to get your business growing.

 

3 Tips For Easy Business Growth

Learn To Delegate And Outsource

This is the most important tip we could provide. Even if we gave you 99 other suggestions, it would be difficult for you to implement them without mastering the art of delegation!

Every business owner will reach the point where they have done all they can with the resources they have. At this point, they are spread too thin and will find it difficult to sustain any growth without bringing in some extra help.

In fact, business owners should consider outsourcing jobs far before they reach that ceiling.

You have limited time and energy, yet the responsibilities of running a business are almost limitless. Learning how to delegate effectively is essential. Whether you outsource your bookkeeping or administration tasks to a virtual assistant or enlist a marketing whiz to take care of your social media accounts, you are investing in your business.

Choosing the right tasks to hand over to someone else gives you the time to focus on other vital tasks for business growth.

 

Target The Low Hanging Fruit

It is easy to get too caught up in the never-ending chase for new clients and customers, But, this is not the only way to grow your business, nor is it necessarily the fastest or most cost-effective way.

It actually costs way more in time, energy and dollars to bring on brand new clients who have never heard of your business, than to look to the ones who already know, like and trust you.

Instead of eyeing the apples (aka potential customers) at the top of the tree, how about plucking the ones within reach first? What that means is taking good care of the customers you already have. Keeping them coming back is far less resource-intensive than attempting to market to new clients.

These people are your best bet for increasing sales. If they have a positive experience with you, they are likely to come back again without too much extra effort on your part. A loyal repeat customer is highly valuable. Give them value too, and they will naturally help grow your business by free word of mouth advertising!

 

Plan, Plan, Plan

This may seem obvious to some, but many businesses fail to plan their path to success adequately. Without a crystal-clear roadmap, it’s easy to get confused about where you are headed.

A business plan is an excellent start. But, this should be treated as a living, breathing guide that grows and evolves with your business – not a document that’s dusted off once a year for a financial review. Milestones will keep you and your team on track, and regular financial reviews ensure you can gauge the health of your business at any time and make adjustments.

Don’t forget to have back up plans in place to cover potential risks, too. If the last year has taught us anything, it’s that life can throw some incredible curve balls your way!

 

Are you ready to take your business to the next level and focus on the tasks that generate growth and sales? Then Admin Army is ready to help you get there.

We specialise in waging war on the tasks that you hate to do in your business. The tasks that take up precious hours of your time each and every week. Things like administration and bookkeeping.

By handing those tasks over to us, you can focus your energies on the aspects of your business that will drive you forward. Get in touch with us today to see how we can ease the load and help you generate business growth.

Should you hire a new team member or is it better to outsource to a specialist?

Our outsourcing business case template will help you decide.

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