Every industry has its own particular Growth Strategies. These growth strategies need to be identified, understood, analysed for appropriateness and then implemented to achieve growth in the short term and for the longer term.
These Growth Strategies should run through all your planning and its documentation in your:
Business Plan
Marketing Plan
Sales Plan
Financial budgeting and forecasts
Implementation timetables
Adopting growth strategies in such a holistic fashion within your business operations – should result in a simple ” cause and effect” outcome. That is – implement every available growth strategy – and get business growth.
Growth strategies can include organic growth (growing your existing customer base) or growth by acquisition (buying additional customer bases). Whether either or both of these “strategy sets” are appropriate for you will depend on your industry and your overall goals.
If you don’t know what growth strategies you should be adopting for you in business, or you would like professional assistance with your growth strategies, then call KAA Australia on (02) 9299 2555.
To your prosperity,
Kostas Augerinos
Managing Director/Founder
KAA Australia