Maximize business growth through business growth strategists

Economic uncertainty may be like driving a boat in a storm. Mixed signals, especially as prevalent in election year, have brought confusion for small business owners and entrepreneurs. How do you start and map a course that succeeds in such choppy waters? Answer: Strategic thinking, planning and execution in working with experienced business growth strategists. During the 2008 economic downturn, entrepreneurs faced huge winds of change. Businesses are in trouble with the storm of recession. Yet, in this violent context, some resilient businesses not only survive but thrived. What sets them apart?

The leader in commercial flexibility

My father often said in the face of the Great Depression, “We need to tighten the belt.” The era demanded thrift and vision, which was also crucial during the 2008 recession. Even if we tighten our financial belt, some businesses can’t keep up with the surge. But those who can maintain a growth rate of 20% or more? They do more than just make ends meet – they navigate through the storm. Fast forward to 2013, and the looming murmur of economic decline began to surface. These predictions predict that a global downward trend will drop in the United States by 2020. No forecast is the big swirl of Covid-19, which destruction has limited a staggering 22% of small businesses between April 2020 and April 2020. However, a year later, a kind of optimistic beacon is emitting. 89% of small business entrepreneurs firmly believe in their business survival. in other words, We’ve experienced it before.

Navigation business growth rate

In my lobby of UCLA Business School, Professor Yvonne Randle and Eric Flamholtz share how they navigate through growing entrepreneurship. Here are a glimpse of the five growth rates they have drawn:

1. Less than 15% per yearGrow: She is gone! This rate, while not a meteorite, ensures that you can double your business in five years without tilting.
2. 15-25% per yearRapid growth: Wind connection. Are you ready for the challenges of increasing efforts, investment and sparse profits? This is the strategy to make everything different
3. 25–50% per year –Very fast growth: Now you are catching the wind and wind. The need for expansion and innovation is obvious, and so is reward for those who can withstand the pace.
4. 50-100% per yearSuper growth: At this exciting speed, it is crucial to look keenly at the horizon to avoid any obstacles.
5. More than 100% per yearGrowth at the speed of light: It’s not just growth; it’s a transformation. Here, agility and vision will determine whether you soar or collapse.

In this turbulent economic ocean, What is your rate of use?

Why You Need a Business Growth Strategist

You may want to know, “Is this kind of growth really possible in today’s uncertain economy?” It’s the secret: The brave captain of the weathered roughest ocean has a “strategic” around them, ensuring they not only respond to the waves, but ride with intentions. Business growth strategists are not just coaches or consultants; they are your partner- develop clarity, increase concentration, enhance resilience, challenge premises, assist in developing strategies and guide you toward the vision you want. They provide compass and maps to discover profitable routes you may be missing.

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It’s time to lift the anchor and extend the sail. With strategic thinking, execution plans, compass points for each decision, and a clear map of growth rates, you have the ability to navigate even the most uncertain economic ocean. Are you ready to become an optimist, face adversity, not only survive but also thriving? If your answer is a loud “yes”, it’s time to Join forces with strategists Who can guide your courses to safe ports and beyond.

Take the helm. Become a lighthouse. Grow boldly and grow strategically. Sustainable development.

Don’t survive this storm alone. Contact us today and discover how to map a successful course together, regardless of economic forecasts, can make your business thrive.