Here are 10 things to do to Kickstart your business growth

 

1. Mindset

In order to succeed and achieve business growth, we must first believe that we can!

Without a growth mindset, how can you hope to grow your business?

According to Carol Dweck, the world-renowned guru and author on mindset, you have a fixed or growth mindset.

“Mindset is the foundation of your growth or the ceiling of your success”

A fixed mindset will mean a person will remain static, avoid challenges and give up easily when obstacles are put in their way.

With a growth mindset, however,  a person will embrace challenges, persist in the face of setbacks and consequently improve their outlook. And more importantly for business owners and leaders, achieve growth quicker.

So, is your mindset hindering or supporting your business growth?

2. Goals

At ActionCOACH Newbury, we work with our clients to achieve the ultimate goal: “To create a profitable business which can work without you …”.

How do we do that? By supporting them with their 1, 3 and 5 year goals.

In our GrowthClub Planning workshops (run via zoom to make them easily accessible), clients work backwards to achieve their goals by using our powerful 90 day strategy plan.

What would your 90 day plan look like if you completed it today?

Find out details on our next GrowthCLUB event here

3. Listen to Your Customers

Keeping in touch with your existing clients and customers is a great way to find new ones! Listen (via social media if necessary) to what they like about your service or product. Ask them what improvements you can make, how you can solve their problems or address an issue.

The more you know about your customers, the more they will continue to buy from you and recommend you.

Are you making the most of your client testimonials? Asking for referrals?

4. Marketing is Key to business growth

Have you had a marketing “audit” recently? Checked all your marketing channels are delivering your key messages?

Does your marketing activity say more about “what we do” than “why” you do what you do?

What are you actually offering your customer? How can you solve their problem and what value do you add?

Knowing your USP and being able to communicate your benefits via professional, articulate marketing should help you achieve business growth quicker.

5. Know Your Numbers

Are the financial processes in place to support your business growth plans?

How is your monthly P&L report produced, do you review your balance sheet regularly and how is your cash flow forecast maintained?

Know your numbers and you can invest and plan for improvements into your business performance. If you don’t have the information, how can you make decisions? ActionCOACH provides a brilliant tool for this.

6. Sales & Test and Measure

Test and Measure. Test and Measure.

Do you know for example your average cost per lead? Your conversion rate? Your cost per acquisition? The lifetime value of your average client? The average time it takes to achieve that sale and how often do your customers buy from you?

Is your sales team being monitored, with visible sales targets and a process in place? Knowing this will improve your sales activity and help achieve business growth.

7. Time

We support our clients to work “on” their business and not “in” it. We help business owners and leaders to make the best use of their time. To invest time in the most efficient way and to learn how to prioritise what’s critical and important. Time management is a myth – you can’t manage time, you can manage how you use it best though.

That may mean working to a default diary and prioritising tasks which will lead to business growth.

8. Your Team

Have you got the right people around you to support your vision? To help you realise your goals and ambitions.

A business doesn’t exist without the team. If you are a one man band, you do not own a business, you own a job.

9. Leadership

What kind of leader are you?

Are you giving clear direction, sharing your plans with your team and managing them to support your business growth?

10. Get Business Coaching

 Of course we would recommend business coaching to support your growth plans!

But don’t just take our word for it ….

Want to learn more? The get in touch. We’d love to chat with you about your own plans and aspirations to grow your business.

We hope you found these 10 Powerful Things You Can Do Today To Grow Your Business, useful.

 

Three ways to find out how we can help you scale your business: