Thursday, March 30, 2017

How to run your small business efficiently as it grows



Are you growing your business or just going through the motions of running it?

Scaling a business up doesn't happen by accident. For a company to grow, it must be run as efficiently as possible day to day while moving forward on a growth strategy.

Here's how to get your business ready for bigger things.

Change your mindset.


When a business grows it often changes, along with the owner's day-to-day work responsibilities. You may have less contact with customers and more time traveling. You may spend more time strategizing and less time doing active tasks. And though you may remain the primary face of the business, employees will likely serve as representatives of your business as well. This can be quite the change for solo entrepreneurs and those who began with just one or two back-office employees. Realize that there will be a shift in your duties and the company culture ahead of time, so you won't be surprised later on.

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