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Sonja Shear Articles

Types Of Business Growth

Business growth remains the ultimate goal of a business owner or the executive team. You need a strategic plan to determine the best way to grow your business. It would be best if you also had a solid understanding of how to achieve the businesses growth.

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Change Management – Adapt or Die

Change Management teams are drivers that help a business to adapt to changes needed for continued growth and survival. In this adapt or die approach, Change Management oversees the implementation of methods and strategies that effect change and that help the people within the organization to adapt and accept those changes.

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Give To Gain

There are many ways that you can give. It could be a financial contribution to a charity or a project close to your heart. It could be you giving your time or your skills to help someone else. Your giving does not have to extend outside of your business. How many people in your organisation would benefit from an hour or two of your time mentoring them?

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Follow Up For Business Growth

Your to-do list will serve as your action plan for the day ahead. It will assist in ensuring you do not get distracted and end up forgetting to get to some of the essential tasks you need to get through in your day.

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Track Your Leads

Track your lead conversation rate. There are only two ways you can increase the number of customers in your business. Either you need to increase the number of leads you get into your business, or you need to improve your lead conversion rate.

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Give Your Customers The Right To Vote

Have you ever wondered if your customers would vote your business as number one if given a chance? Nine times out of ten, dissatisfied consumers steer clear of the offending business. They say nothing and simply walk away. This means you do not know who your dissatisfied clients are.

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Scare Off Your Competitors

It is pretty unlikely that your business has zero competition. To stay on top of your game and to see your business grow, you need to understand who your competitors are and understand what they offer.

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The Importance Of Referrals

There is often debate as to whether it is a good idea to ask people to refer your business. Some businesses believe that if they get it right, referrals happen. Although this may be true in some cases, you may be leaving money on the table.

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Connect With Your Customers

One of the most cost-effective and impactful ways to make your customers feel special is to remember dates that are important to them. Use a CRM system that can assist you in this process.

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Growth Strategy Plans Drive Business Success

A growth strategy plan is a cog that turns the wheel of any business. Without this plan, a business will flounder and inevitably fail. But, with the guidance of a professionally tailored strategic growth plan, a business can thrive and ultimately flourish.

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