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Ready to take your business to the next level? Expansion can bring countless rewards, but it
also requires calculated steps and hard work. The key is to set goals that are realistic while
utilizing all the tools available to you. From GET Phoenix, here are strategies you can use to
grow your business successfully.
Create a Blueprint for Your Goals
Before you start the process of growing your business, create a roadmap comprised of goals
that you want to achieve. This roadmap should include short-term goals, such as increasing
sales by 10% within six months, and long-term goals, like doubling revenue in five years. Having these goals in place will keep you on track while also providing motivation when times get tough.
Curate Your Online Presence
In today’s digital world, having a strong online presence is essential for any business looking to grow. Utilize social media platforms such as Facebook, Twitter, Instagram, and LinkedIn to
reach new customers while also engaging with existing ones. Additionally, create content such as blog posts or videos that provide value to potential customers while also demonstrating your expertise in the field.
Reach Customers Effectively
Email campaigns are one of the most effective ways to reach out to potential customers while also staying relevant to existing ones. Use email campaigns to share discounts or promotions on products or services or to check in with a customer after a purchase. Additionally, make sure your website is optimized for search engines (SEO) so that potential customers can easily find it when searching online for related products/services.
Offer Great Customer Service
Excellent customer service is key when it comes to growing a successful business, both online and offline. Make sure employees are well-trained on how best to serve customers so that their needs are met quickly and efficiently. You can also utilize BPM tools that will automate some tasks for your business and make customer service even easier.
Grow Your Coding Skills
Having some coding knowledge can be extremely beneficial when running a website or e-
commerce store since it allows you to take full control of various aspects, such as design
elements or adding new features to your site. Look online for coding tips, or consider taking a course and earning a certification. Staying on top of the latest tech trends is always beneficial for business owners.an area you can afford, and start making arrangements to live your own Arizona dream.
Go Back to School
Whether you want to learn more about coding techniques or sharpen your business skills, going back to school is a great option. Consider taking online courses or pursuing an advanced degree to strengthen your understanding of essential business topics like business, management, accounting, or communications. Take a look at the different types of business degrees to get an idea of which direction you’d like to go in.
Protect Your Business With an LLC
If you are serious about growing your business, registering it as an LLC is essential. An LLC
provides legal protection from personal liability, meaning that if something goes wrong with your business, your personal assets will not be at risk. Registering as an LLC also makes it easier to open a bank account and access financing options for future expansion plans. Rather than hiring a lawyer to file, consider utilizing a formation service, which is more affordable. Expanding your business doesn't have to be stressful or costly. There are plenty of tools at your disposal that can help you create a budget-friendly strategy for growth, including LLC formation services and online classes that will allow you to earn a degree. With the right tools, you can keep growing your business with confidence.
GET Phoenix provides professional and personal development opportunities to career-oriented young professionals. If you have any questions, let us know!
ABOUT THE AUTHOR: Mindy Bartley is a former community college business instructor. Today, she is a consultant who also dabbles in e-commerce startups. She created Startup Steps to bring her business knowledge to a wider audience, build a community of entrepreneurial-minded souls, and help connect first-time entrepreneurs with experienced mentors.