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Business Expansion Ingredients (12 points)

Writer: Theresa McCoy
Theresa McCoy
Sep 24, 2018
1 min read

Updated: Sep 26, 2018

In 2019, I will launch our annual business owners retreat. We will bring you details and real-life examples of the key ingredients to growing your business.

1. Avoid Solo-Entreprenuership: Owners need to devote time to self-education and business development.


2. Location


3. Strategic Positioning/Niche (Are you Reaching Target Audience?)


4. Look at your Numbers regularly!


5. Scalability: Can your Business Handle Growth?


6. Uncovering Little Known Financing Resources and Business Opportunities


7. Direct Employees Versus Outsourcing


8. Invest in Systems and Process Automation (Reduce Manual Tasks)


9. Employee Training (and Evaluation) Should be a Priority


10. What is the Perception in the Marketplace!


11. Focus on the Customer Experience!


12. Are you Monitoring (or Mimicking Successful Competitors?)


 
 
 

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​Founded by Theresa E. McCoy, CPA with entrepreneurs at heart, The McCoy Accounting and Consulting Group is a full-service accounting and management consulting firm based in Washington, DC but without geographical limitation. If you found us, we can help you!  We target small and mid-sized businesses seeking quality professional services on the path to growth.

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