4 Long-Term Goals Your Company Needs to Set Now

Every business is launched with a mission – a goal – in mind. But once you have things up and running, goal-setting can quickly make its way to the backburner.

Growth planning by goal setting

If you want your business to grow, setting goals and making plans to reach those goals is critical. Here are four long-term goals your company needs to set right now.

1. Plan for Growth

Expansion and revenue growth are the goals of every business, but do you have a plan in place to reach your targets? Do you even have a target?

To help you stay on track and set your business on the right course, make it a habit to create a blueprint, or road map, for the year.…

Continue reading

Ways in Which You Can Improve Business Operations

When you wake up every single day you get an opportunity to move the business towards the future but improving business operations is never as easy as it seems, especially when faced with huge competition, as happens with most industries. In order to help you out, here are some methods that you can use to improve current business operations.

Business operations

Start The Day Right

The routine that you create will have a huge impact on everything. When you wake up and you start your day you want to be sure that you know what will happen. Having a plan is one of the most important things for every single business owner.…

Continue reading

7 Ways to Grow and Expand Your Business

Whether your business is struggling to grow or growing but not as quickly as you’d like, it may be time to invest in a new growth strategy.

Business growth strategy

Just like a tree that finds every possible way to branch out and grow to occupy as much “sun space” as possible, the best business policy will seek exposure to as large a customer base as possible.

Here are 7 ways to achieve that:

1. Install Wi-Fi Connected Sales Kiosks

Self-service sales kiosks equipped with powerful, up to date kiosk software can greatly expand your business reach. Not only can you install kiosks in-store or just outside your store within reach of the foot traffic stream, you can install them at key locations all over the country or even internationally.…

Continue reading

5 Ways to Jumpstart Your Business

Is your business in desperate need of a jump start? Are you willing to do anything it takes to make progress in the days, weeks, and months to come?

Business growth

There are many things you can do to jumpstart your business, with every idea well worth your consideration.

You don’t want to get ahead of yourself, but at the same time you don’t want to remain stagnant.

If you’re ready to take the first step in jumpstarting your business, here are five ideas to consider:

1. Secure a Business Loan

Many businesses have died off because they weren’t able to secure the necessary financing to push forward.…

Continue reading

Dream Big: How Small Businesses Become Global Players

In today’s vast world, small businesses are a bridge between the local and the global. They may employ far less employees than multinational corporations but that doesn’t mean that they don’t dream big – or that their potential and activities do not have equal reach.

Dream big

There is no escaping the reality that small businesses are nowadays global players: in June 2015, the US Small Business Administration reported that while US exports’ known value grew by 1.4% from 2012 to 2013, small business export value improved by 4.5%, led by firms with an employee base between 250 and 499 people. This means increased profit and opportunities, but also increased responsibilities for smaller scale enterprises.…

Continue reading

3 Proven Growth Strategies for Law Firms in 2017

Law firms need to stay at the forefront of marketing to expand and grow. And the rules keep changing every year. Software is an integral part of a law firm’s marketing campaign, and there’s a lot new and established firms can do in 2017 to expand their reach, bring in new clients and make more money.

Law firm growth

Your firm can implement the right strategies today to help spur growth tomorrow.

1. Referral Tracking Via CRM Solutions

If your firm is still using Excel to categorize your leads and clients, you’re doing it wrong. It’s time to step into the world of an all-in-one CRM and client intake solution that allows you to properly track:

  • Contacts
  • Leads
  • Conversion rates
  • Lead sources

Lexicata offers an all-in-one solution that also incorporates intake forms, automatic email reminders, status updates, engagement letters and so much more.…

Continue reading

Funding Your SME from the Start: Here’s How

Starting an SME is both exciting and challenging, and careful thought and consideration is essential if you wish to be successful. It is no wonder that many businesses go bust before they have even got started, with some figures suggesting that 40% of SMEs do not last more than five years. Here is a short guide on how to properly funding your SME.

Business funding

Plan/Budget

Any business owner must have a business plan which they can follow, which will set out their long and short term business objectives. This will provide a structure for your budget, and detail exactly how much funding you need to successfully run the business.…

Continue reading

How to Cope with the Growth of Your SME

The ‘SME’ category can actually cover quite a broad spectrum of business sizes, from those with just a few employees at one location to medium sized companies with perhaps 100 staff and a handful of sites. Your business can expand quite a lot while still very much having the needs and qualities that signify an SME.

Old small business

Of course, business growth is something we aspire to, and work hard for. It is what we base most of our strategies around achieving, and what we set our goals at. However, when it actually arrives, rapid business growth can be quite overwhelming, and can put strains on both your business and yourself if you aren’t prepped for it.…

Continue reading

Growing a Business from Nothing: 5 Practical Tips

In today’s digital age, there are more opportunities than ever for budding entrepreneurs looking to set up and grow a business from nothing. The Internet makes the world a smaller place and opens global markets to everyone, and barriers to entry and startup costs for web-based companies are lower than ever.

However, this has encouraged a fiercer competitive market across all industries, where only the strongest can survive. According to some oft-quoted research by Bloomberg, an astonishing 80 percent of new businesses fail within the first 18 months.

Nurturing business growth

What are the essential steps to ensuring that your new business stays in the top 20 percent for a successful and thriving future?…

Continue reading

6 Practical Steps to Grow Your Small Business

How do you turn your small business into a major corporation? You may have a brick-and-mortar business, or you may have a digital business, or you may have an offline business with an online presence. Regardless of the business structure of your company, it is possible to gradually grow it into a large business.

Managing business

On the surface, it may not appear self-evident how to grow a small business into a big one? Should you just borrow more money and amplify what you’re doing? Should you create new income streams? Should you try a combination of both strategies?

Unfortunately, it’s not that simple to transform a business.…

Continue reading