Most businesses hit the ceiling not having enough ideas to grow. We have compiled a list of 55 ideas in this booklet to help ambitious entrepreneurs grow their businesses. These might seem simple but are very effective.
We all know, Growth is fundamental to business survival.
Do you know that around 80% of UK companies fail within their first year? According to the latest figures from the Office for National Statistics, only 42.4% of businesses that started in 2013 were still trading five years later.
Those numbers are remarkably consistent across most industries — but they also highlight how important it is to plan for growth from day one.
A concrete growth strategy is a crucial component in your business machine. Without a strategy, you might end up being one of those businesses that fail within the first year.
Nothing stays the same. It either gets bigger or smaller. Better or worse. You either grow or you shrink.