Grow My Business

Business growth provides many benefits, like:

  • More income can be earned on fixed costs, which increases profits
  • Growth excites and motivates staff
  • New markets and customers provide revenue diversification and reduce risk
  • Inventory can be purchased in larger quantities to get lower costs

You must be ready for growth to capture those benefits. Growth can also come with many drawbacks, especially if you aren’t ready for growth. Business owners are often surprised by some of these drawbacks like:

  • Reduced Margins
  • Cannibalization
  • Increased Costs
  • Potential lower Morale and Customer Satisfaction
  • Cash Flow Pressure

Below are some tips and tools for profitable growth.

Accelerate your success with FAST

FAST (Finance and Strategy Toolkit) is a membership program that gives you access to a massive collection of resources for small business advisors and staff. The right tools save you time, reduce your stress, and improve your effectiveness.

Key Performance Indicators (KPIs) and KPI Dashboards

KPIs are more than metrics. They’re the foundation of your most important decisions. KPIs define success to drive success. This course will explain:

  • How to choose metrics and set targets
  • KPI dashboard tools and tips
  • The process of implementing KPIs
  • Managing and compensating with KPIs
>
Success message!
Warning message!
Error message!