FOOD FOR THOUGHT

3 business growth strategies to help you through tough times

Posted by Ash Clarke on July 25, 2017

Business growth can be taxing––both on your bank account and on your energy levels. Here are three essential business growth strategies to help you overcome growing pains. Keep these tips in your toolbox for when you encounter expansion challenges.

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Topics: Business Growth

4 business growth strategies for surviving the 'Valley of Death'

Posted by Mike Atkinson on July 18, 2017

Almost every business will face the daunting ‘Valley of Death’ before it becomes profitable. The key to survival is not avoidance, but preparation. By planning ahead with the right business growth strategies, you can minimise the time your business spends in the Valley and get back on track to profitability.

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Topics: Business Growth

How to identify your next business growth strategy

Posted by Fono Sosene on July 11, 2017

There are hundreds of business growth strategies––how do you know which one is right for you? The Ansoff Matrix is a good place to start. This tool helps businesses assess four common strategies: market penetration, product development, market development, and diversification. Here’s how the Ansoff Matrix works and some tips for applying it to your business.

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Topics: Business Growth

4 ways to supercharge your business growth plan

Posted by Matt Smith on July 04, 2017

Most people associate business growth with making big changes––but this doesn’t have to be the case. You don’t need to triple your business overnight; all growth counts, it’s cumulative. Here are four ways to achieve growth by implementing small, incremental changes.

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Topics: Business Growth

When 3 became 1: How our business advisory services took an internal merger to the next level

Posted by Matt Smith on June 27, 2017

New Zealand electrical switchboard manufacturer, Trical, recently merged its three separate businesses using the specialist guidance of Accountancy & Business Advisory Services firm Bellingham Wallace.

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Topics: Advisory Boards

3 challenges that derail even the best business growth plans

Posted by Neraj Patel on June 27, 2017

Growing a business is hard. So hard that it may feel as though the challenges you’re facing are unique to you. However, most business owners share the same hurdles.

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Topics: Business Growth

5 common business growing pains—and how to avoid them

Posted by Fono Sosene on June 20, 2017

Business growing pains are incredibly common, but that doesn’t make them any less painful. The faster you can implement solutions, the better. Here are five signs your business is experiencing growing pains so you can get it back on track.

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Topics: Business Growth

4 business growth questions your governance board should be asking

Posted by Fono Sosene on June 16, 2017

A good governance board will hold you accountable to your business goals by prompting regular discussion and reflection. Here are four key business growth questions your board should be asking you on a regular basis. These questions are designed to challenge you so you can identify opportunities to take your business to the next level.

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Topics: SME Governance, Business Growth

Who should be on your advisory board to drive business growth

Posted by Mike Atkinson on June 16, 2017

Your advisory board (or board of directors) should evolve with your business. As your business grows, it will require new perspectives and skill sets. Here are some tips for identifying who should be on your board throughout each phase of your business.

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Topics: Advisory Boards, Business Growth

5 years and going strong. We celebrate with some advice for businesses

Posted by Bellingham Wallace on April 03, 2017

Five years later, and Bellingham Wallace is still going strong. In an industry stereotyped as stagnant and traditional, we’ve dared to be different from the rest.

 

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Topics: Business Strategy, Business Growth