Your Strategy for Growth
If you are looking to grow or expand your business there are a few key strategy’s to consider.
Open another location – place for people to see your product, services or shop.
Diversify – sell complementary services, teach, import/export, become a paid speaker or columnist.
Target other markets – China, baby boomers…take your product to the market that needs it.
“There will be only two kinds of businesses: those with an Internet presence, and those with no business at all,” Bill Gates.
Form an alliance – other businesses or artists to work with/market together.
Another way to look at growth is ‘the Ansoff Matrix’
Can you penetrate more of the market, produce new products, develop new markets or diversify?
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