Learning of ways to improve your business involves knowing the basics. Learn how to compete effectively.

2. You’ve taken the leap or were
grandfathered into business
ownership, and now you’re thinking
about turning that business into an
empire
(or something worthy of a nice big
check in a few years by a wise
investor).

3. Here are the top ten ways you can
grow your business.

4. 1. Really get your name out there. Make your name a
basic, industry leading staple in your trade.
There are tons of ways to go about this. Start with
heavily considering the idea of spending a good amount
of money on advertising.

5. Billboards, local television advertisements, newspapers,
and niche-specific magazines are all good starting
examples.

6. However, it will pay to think out of the box a little.
Trade shows are one way. Forums are another-
whether online or in a physical setting. State fairs.
Be where your competitors are and bring your best.
Interact with the public on a personal level.

7. 2. Compete! If you want to grow, being “just good
enough” isn’t going to cut it.
Besides, in the world of business, in many ways progress
is spurred by competition. Within your own business,
don’t be afraid to trim the fat if it’s not helping you
either, and encourage employees to compete among
each other themselves.

8. 3. Up your prices.
This is of course, the fastest way to grow and increase
your bottom line. Any extra, let say 5% on top, can be
reinvested into your business.

9. 4. Spend more time in sales.
This might mean rethinking your lead generation
campaign or updating your unique selling proposition.
Spend time selling directly to potential customers and
clients.

10. 5. Extend yourself!
Sometimes one of the best investments you can make in
your business is expanding it into a new area and a new
pool of customers. You can do this either physically by
opening a new store, or virtually if you’re online by
creating a sister website to your main website, or adding
a blog to your website or online store.

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