Business Innovation & Growth Acceleration
Business Innovation & Growth Acceleration          

                                Smashing Business Growth Barriers  

Successful business owners know that continued business survival can only be guaranteed through sustained business growth. For SMEs who fail to grow or adapt to the changes in competitive and economic landscape, the results are inevitable and often catastrophic.  

In RSA’s recent white paper, “Growing Pains”, it examines the current shape of the economy and barriers to growth for SMEs. The UK is a great place to start a business, but survival rates are low. Why? According to the research:

 

  • 63% of small business owners admit they find it difficult to grow their company.
     
  • 61% also lack confidence in their ability to achieve three-year continued growth.

 

Perhaps most alarming is that over two-thirds (69%) of business owners believe it’s hard to turn a small company into a medium-sized enterprise, which in our experience couldn’t be further from the truth.

 

In a separate paper from ORC International, in conjunction with Durham Business School, SME business owners identified a number of barriers to their growth, notably that they lacked: 
 

  • A strong, strategic understanding of the market.
     
  • Business agility to respond quickly to market changes.
     
  • Long-term, trust-based relationships with customers.
     
  • Uniqueness/innovation/diversification.
     
  • Efficiency and cost-effectiveness to be more attractive to procurers.

 

These are all common challenges that we help our clients to overcome on a daily basis, and nothing that can’t be easily addressed through a detailed and robust business strategy.

 

Take Your Business To The Next Level
 

If you’re finding it difficult to transition your company from a small business to a medium-sized enterprise, sign up for our ‘business growth readiness deep dive assessment’. This one day workshop costs just £950 (+VAT), is suitable for any size organisation and will help you to define your key objectives, alongside the business and industry drivers and weaknesses.

 

Discover more on How To Overcome Your Business Growth Challenges

 

Alternatively, if you’re a forward-thinking organisation, tired of waiting to realise your ultimate ambition and looking to take the competitive lead today, perhaps our ‘comprehensive business strategy assessment’ would be better suited. A four-day course, it costs only £4,995 (+VAT) and guarantees results. It’s designed to provide an objective look at your business, considering your:
 

  • Business model
     
  • Business strategy
     
  • Business process and infrastructure
     
  • Skills, resources and structural gaps
     
  • Inefficiencies

 

Once we have this detailed information, together we can start to create a structured business plan that includes corrective actions to ensure your business objectives are realistic, correctly mapped and achievable over a given time frame.

 

Discover more on Assessing Your Business Strategy

 

Breaking Down The Barriers To Growth
 

You wouldn't get behind the wheel of a car with your eyes closed, if you did you’d be expecting (and probably guaranteed) to crash; so why would you attempt to grow your business without a clearly-defined, robust strategy in place?

 

Companies are always moving, and if you're not growing, the only place is down. We understand you’re not looking to change your business, afterall, you’ve done an amazing job already to establish your business and build it up to this crucial point. What you need now is knowledge to build a solid platform on which your business can grow.

 

We can help you break down those barriers to growth. We have the skills, knowledge and experience to establish where your business is really positioned within the market, identify any gaps in your knowledge or skills and plug them. We’ve helped numerous SMEs to grow from nothing to realising their ambition; it’s time for you to learn from their mistakes to improve your performance, reduce risk and remove the ‘feast to famine’ cycles usually experienced by SMEs.

 

Don’t worry, it’s not rocket science
 

Talking about strategy can be daunting, particularly if you’re like the 61% of small business owners that lack the confidence to grow their business. But we’re passionate about seeing you succeed, which is why we guarantee results.

 

Our simple, step-by-step process is designed to make you stop, take a step back and really look at your current business, while deciding what you really want to achieve. It involves answering a series of questions, such as:
 

  • What is your preferred route of growth? Read more

 

  • Define your 5 key business objectives. Read more

 

  • What are your true competitive advantages and differentiators? Read more

 

Don't miss out, contact us today to book your FREE 30 minutes Telephone Consultation 

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