If you surveyed small business owners, most of them would say a goal of theirs would be to develop and grow their business. Even though it’s a goal for most business owners to grow their business, many may not know how or may not have the tools or resources to do so. A business coach or peer board can help business owners grow and achieve their goals. Along with a business coach to provide advice and support, a business owner should have a developed growth strategy to help them execute their growth plans.
Darren Dahl of Inc. Magazine talks about how to select the best growth strategy for your company.
“Turning a small business into a big one is never easy. The statistics are grim. Research suggests that only one-tenth of 1 percent of companies will ever reach $250 million in annual revenue. An even more microscopic group, just 0.036 percent, will reach $1 billion in annual sales.”
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Thursday, March 18, 2010
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