First, understand how businesses fail. And then implement these key business growth strategies.
Strategy #1 – Regular Training & strategy sessions
Strategy #2 – Business Model Innovation
Strategy #3 – Customer Insight & Intelligence Surveys/Interview
Strategy #4 – Marketing, Intangible and intellectual capital audit.
Strategy #5 – Establish a Strategic Alliance/ Joint Ventures (JV) and Affiliate programs
Strategy #6 – Create a new profit center
Strategy #7 – Innovative pricing schemes
Strategy #8 – Asset-Based Financing, Factoring, Receivables financing, etc.
Strategy #9 – Develop a unique selling proposition (USP), make sales more virally. Convert better.