How to Grow Your Business on a Budget
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How to Grow Your Business on a Budget

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http://www.focusincgroup.com/grow-business-budget/ ...

http://www.focusincgroup.com/grow-business-budget/

Cutting costs should never be a reason to delay extending that new office wing or increasing man power. Tight financial arrangements only imply that businessmen must make wiser financial decisions.

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How to Grow Your Business on a Budget How to Grow Your Business on a Budget Presentation Transcript

  • HOW TO GROW YOUR BUSINESS ON A BUDGET
  • EVERY BUSINESS OWNER AIMS TO GROW THEIR BUSINESS AT LEAST 5% ANNUALLY
  • BUT WITH THE CURRENT ECONOMIC CRISIS View slide
  • Is it possible? View slide
  • YES !
  • 1 FIRST STOP, FINANCIAL PLANNING.
  • OF COURSE, SPENDING MONEY IS EASY BUT PUTTING IT IN THE RIGHT PLACE IS ALWAYS A CHALLENGE.
  • IT’S VITAL TO CREATE A STRATEGIC PLAN THAT SHOWS YOUR PRIORITIES AND BUDGET FOR EACH POINT.
  • THIS PLAN WILL THEN BE THE FOUNDATION FOR YOUR BUSINESS’ EXPANSION.
  • 2 CUT COSTS
  • THROUGH SIMPLY FOLLOWING THE PLAN MADE IN STEP 1 AND ALSO, FINDING CHEAPER ALTERNATIVES
  • …NOT ONLY ON RAW MATERIALS, GOODS AND OTHER MATERIAL OBJECTS BUT ALSO ON YOUR
  • Through utilizing VIRTUAL ASSISTANT SERVICES outsourced virtual assistants demand for minimum rates; making it at least 50% cheaper than hiring in house.
  • 3 REVIEW YOUR FINANCIAL TRACKERS
  • MONITOR WHICH POINTS POSITIVE REFLECT AND NEGATIVE OUTCOMES TO YOUR FINANCES.
  • See? GROWTH IN BUSINESS IS POSSIBLE AS LONG AS YOU MAXIMIZE WHATEVER BUDGET YOU HAVE WHILE KEEPING INTO THE COMPANY’S GOALS.