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YourRetailCoach 4th August 2017 01:37 AM

6 Ways To Grow Your Business
In today’s business environment, growth is the best way to survive. Growth cannot be measured if there are no parameters to define it. The basic determinants of growth revolve around the same factors ( sales, revenue, markets, customers etc. ) irrespective of the size of the business.

The difference lies in the scope and degree with which businesses define these parameters. For example, an electronics retail store may not have a separate employee to take care of customer grievances. However, a customer oriented company will assign a separate customer care cell to deal with customer grievances.

With time, the definition of growth has expanded. Apart from the conventional objectives of higher sales and profitability, the key to growth now includes customer orientation, brand loyalty, adaptation, speed and accuracy in business decision making and operations, expansionist approach, risk management, share value, net worth, employee turnover, customer delight, professional management and so on. This shift can be attributed to the changes in the external environment over the decades like globalization, shifts in customer demographics, changes in regulations, technological advancements etc.

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jamesbush 20th March 2018 09:13 AM

There are countless ways to grow your business online, and they can have a big impact on hitting your business goals. A lot of business owners pull money out of the business to pay themselves. When the business is experiencing success, the owner might be tempted to take a significant amount out as a reward for his or her hard work.

Annabelle1 20th March 2018 11:35 AM

Here are some practical tips to help you Grow Your Business.
  1. Get to know your customers
  2. Offer great customer service
  3. Nurture existing customers and look for new opportunities
  4. Use social media
  5. Attend networking events
  6. Host an events
  7. Give back to your community
  8. Measure what works and refine your approach as you go

jamesbush 13th June 2018 08:44 AM

Here are some ways.
  • Offer great customer service
  • Use social media
  • Attend networking events
  • Host events
  • Build a sales funnel
  • Utilize a customer management system
  • Build an email list
  • Create a webinar

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