The importance of continuously developing your business.

[Etini]

We preach the need to start small so that your business vision will not die with you. While that is true, most entrepreneurs would start small, achieve some level of success, and refuse to develop and grow the business. I have seen a business that is at the same level for the past 15 years. No growth, no improvement. Still just operating at the basic level.

Growing your business helps you to be able to increase the price of your product according to the current value of the business. When you fail to develop your business, no matter how much inflation is prevalent, customers would not find it comfortable to pay a higher price for your product. Remember that customers use emotions and feelings to buy.

Also, when you develop your business, you increase the value and net worth of the business. This makes it easy for you to get funding that you might need to expand the business. It is important to develop and grow your business.

 

[Sotherefore]

Everyone that have opportunity to establish one business or the other will always look for every possible means to grow the business . The reason is because when your business grows automatically your profit will also increase and will continue to increase and you may even employ more people to meet up their demands that is expected of you in the business by your client..

What I am trying to say here is that business grows automatically and if we establish a business and the business is not growing from one stage to another, obviously the location may not have been suitable for the business or there is one thing or the other we have not done right in the business..

Growing of business is not something that can be done manually except for people who have an extra source of income to invest more in the business, but normally every business grows automatically.

 

[Carpon]

For every Business owner or whether currently in business or potentially, there is indeed a common goal and that is to maximise profit and make gain. There is a rule a business that I have always held on to that the less your services, the less your income and vice versa.

When you do not improve on your business, and bring in more goods and make it grow, the amount you are putting into it will be constant and therefore, the profit you will make will be the same and not increase and of course no business will want to always stay in the same place and making the same amount for a specific period of time.

It is very important that a business is been grown if not you may even not be surprised if it ends up collapsing due to lack of enough input both materially and financially and even managerially.

 

[Holicent]

We all know that running a business is all about making sure you're improving and growing. But, if you're not looking at the big picture, it can be easy to get stuck in a rut and miss the opportunities to take your business to the next level.

The thing is: your company isn't going anywhere without you. You have to stay on top of things, keep your team energized, and make sure that you're always looking for ways to improve. And here are some tips on how:

-Keep track of what's working and what isn't. If you're not sure what your goals and priorities should be, ask yourself: "What do I want my business to look like in five years?" Then think about how much work needs to happen in order for those goals to be reached.

-Set milestones so that you can measure progress toward those goals. For example, if one of your goals is increased sales by 25%, then set a goal for yourself—like increasing sales by 10% over the next month—and see how close you are from meeting it.

-Don't get too bogged down with details—focus on the big picture instead.

 

[Augusta]

it is always a good thing to continually grow your business. The reason is because when your business grows automatically your profit will also increase.

It will continue to increase and you may even employ more hands that will help to develop the business more which will aid you increase the value and net worth of the business..

With this growth it will makes it easy for you to get funding that you might need to expand the business. It is important to always Keep track of what's working and what isn't. so that you can dwell more on what is actually working to grow the business more.If you're not sure what your goals and priorities should be then you need to research on whst you want for your business and start from there to build up and you would succeed at it. All the same it is always good to grow your business.