growth - Converge

We’re Growing: Where Should You Invest First?

October 15, 2019 ConvergeTeam

Growth is a complex process for new entrepreneurs. On paper, the idea is to increase your revenue to bring your company to the next level. However, in practice, growth isn’t as straightforward as it seems. For entrepreneurs, building sufficient capital to finance their growth is only the beginning of the journey. The first and most important question you need to ask yourself is, where should you start investing? Indeed, the typical growth strategy is multi-sided and focuses on a variety of sectors and operations at the same time. There is…

How to Manage a Rapidly Growing Company

May 30, 2019 ConvergeTeam

Running a business can be difficult because you need to focus on so many things simultaneously. This can include your customers, your finances and even your team too. If you work hard then there is a high chance that your business will grow and that people will become loyal to your brand. This is great, but if things are moving a little too fast then there are some additional things that you need to do in order to handle your rapid expansion. Medium-Term Goals When you started your business, you…

Top Signs that it is Time for your Business to Grow

February 11, 2019February 11, 2019 ConvergeTeam

If you expand your business at the wrong time then this could come with disastrous consequences. You may lose out on time, money and even customers, not to mention that it could set your business back in terms of progress too. Luckily, there are a few ways for you to find out if you’re truly ready to expand. You have Loyal Customers A strong base of customers who keep coming back to your business is always a good thing. This shows that you are in demand and that the customers…

What Can Help You To Grow?

January 23, 2019January 27, 2019 ConvergeTeam

In business, you’re always going to want to be growing. It’s just the way things go. Because if you’re not growing, then you’re stagnating. And that’s definitely not fun for anyone. When you first start out, you’re always going to want to make sure that you’re on track. That you’re able to do things to the best of your abilities. That you can get to where you want to be. Because we all have visions and goals. That’s why we start businesses. To make a difference, to change things, to…

What Should The Next Step Be For Your Business?

January 22, 2019January 27, 2019 ConvergeTeam

When you started your business all those years ago, you had visions of where you might end up in the future. You could have owned a huge, recognizable chain one day or you could be living a simple life with a small and thriving business. Every entrepreneur is completely different so it is important to take every decision as it comes. You might want to see your business grow even further or you might be ready to retire from a certain industry and move onto something different. If you’re at…

Proactive Practices For Small Business Success

January 10, 2019January 15, 2019 ConvergeTeam

Spend most of your time running around putting out ‘fires’ in your business? That means you are working on a reactive basis. Now I’m not saying that dealing with problems quickly and efficiently when they occur is a bad thing, but you can take things to the next level by being proactive. This is when you think about all the possible issues that could happen and then take steps to prevent them from occurring the first place. Happily, this approach can be applied to a range of departments as well,…

Why Efficient Software Is the Key to Scaling Your Business

January 10, 2019 Jason Fleagle

Your business might already be quite successful. Perhaps you’ve got a neat little side hustle writing blog posts for people that need content, or maybe you’re drop shipping products around the world with your unique business. Whatever you’re doing, it’s important to start thinking about how you can scale your business to take more orders and reach a larger audience. We feel that software is the key to efficiently organizing and scaling your business. Sure, you might want to pour money into advertising and some people might spend their capital…

Take Care of Your Profits, by Taking Care of Your Staff

January 10, 2019 Jason Fleagle

Making great business decisions when you have staff can seem a bit daunting. More so if you are a small business and have been burned in the past (feuds between employee and employer). It isn’t uncommon for there to be some bad blood in the early days of a startup, or indeed a little bit later one when you are in a growth period. You need to think about policies and procedures, how to protect your products, and protect your staff it can all be a bit of a headache.…

Selecting Sensational Staff Benefits For Your Medical Practice Team

January 9, 2019 Jason Fleagle

Did you know that it could cost your healthcare business more to retrain and rehire new staff than it could to retain them in the first place? Studies have shown that losing a staff member and conducting a search to rehire someone else can cost a fifth of that person’s yearly salary, and you owe it to your practice to invest just as much energy into retaining the people you have on your books. One of the best way to keep people is planted in the benefits that you offer…

Top Reasons Why Your Retail Business Might Not Be Killing It

January 9, 2019 Jason Fleagle

If you always wanted to have your own shop and showcase your style and your taste, you are in a big competition with other businesses, and it might be time to think your business strategy through. You might be stuck in the 20th century when it comes to marketing, or you simply don’t know your customers enough. If your retail shop is not killing it on the high street, here are a few areas you should review. Location Chances are that your initial business idea is good, but you are…

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