Small Business Growth Strategies

I’m always on the lookout for articles about strategies for small business growth. Here are a few snippets:

More people than ever are expected to take a chance on entrepreneurship in 2023, according to Intuit Quickbooks data. Despite the struggles that may lie ahead due to shifting political and economic climates, many entrepreneurs are emerging with new, innovative ideas that are shaping the way businesses operate.

To lead your business in the right direction in the new year, entrepreneurs recommend these 10 small business growth strategies.

Expand your email list of subscribers

To establish an engaged audience around your brand in an affordable way, Leo Ye, Co-founder and CEO of CUBO, recommends growing your email subscriber base. In doing so, your business can run campaigns and send personalized communications — including anniversary, birthday, and promotional emails.

Concentrate on client retention

According to Kelley Van Boxmeer, Co-founder and CEO of Motion Invest, retaining existing consumers is simpler than finding new ones. It also expedites growth because clients already trust your brand.

Build a strong referral network

Brett Prentiss, Co-founder of Instinct Marketing, recommends establishing a referral network to incentivize employees and existing customers to market your business on your behalf.

Want to know more? Head on over to the full article here for more ideas and perspective. Afterwards, why not drop me an email to share your thoughts at robert@vicleaders.com.au; or call me on 0467 749 378.

Thanks,

Robert