Growth Strategies For Small Business.
Strategies For Growth, Even in Down Times.
- Does the economy have you playing defense?
- Or are you looking for opportunities?
- Have you considered alternative markets?
- Make sure your incremental growth will be profitable growth
Sell in new markets to balance the seasonality of products: In the middle of 2010, Tom Sesti decided he needed to do something about the cost pressures that had been plaguing his business, Bandals. Based in Rochester, Mich., the company had introduced a product, women’s sandals with interchangeable decorative tops, soon after the economic crisis hit in 2008. Almost immediately, the five-employee company was hit with cost increases of 15 to 30 percent for manufacturing and raw materials.
Read the full article at: http://www.nytimes.com/2012/05/10/business/smallbusiness/how-some-companies-expand-even-in-a-stalled-economy.html?_r=0
Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.
Growth strategies for small business.
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