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Small Business Growth Strategies for 2023

ACT

With the rising operational costs of the post- pandemic era and the fears of a global recession increasing with every passing day, running a profitable small business isn’t easy. In fact, did you know that 50 percent of small businesses fail within their first five years? You need a growth strategy—but which one?

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6 tips for managing rapid business growth and expansion

ACT

In increasingly competitive market conditions , focusing on growth is the only way small businesses can survive and thrive in the long run. However, growing a business with limited resources comes with several challenges. So, hire when there’s a clear need in your business.

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How Small Businesses are using CRMs today to win more customers

ACT

Customer relationship management (CRM) software helps small businesses manage interactions with potential and existing customers to provide a consistent, personalised experience. The beauty of a CRM is that it can be customised to fit perfectly within any business’s workflow. Why a CRM is important for small businesses.

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Why businesses need both purpose and profit

Cranfield Executive Development

"As CEO of a charity, the Business Growth Programme helped me see that growth and profit are just as relevant to purpose-led organisations."

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6 ways to jump-start business growth in 2022

ACT

As much as we all want to kick off 2022 on the right foot, many small businesses (SMBs) still face some tough hurdles. If you’re struggling with sluggish business performance, you’re not alone. For one thing, widely reported snags in the global supply chain have hit small businesses harder than others.

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6 Networking tips for entrepreneurs to build profitable relationships

ACT

Here are the two fundamentals of building and growing any business relationship. To build profitable business relationships and grow your network, share your knowledge with people, whether you meet them in person or online. The more value you share, the more long-term relationships you’ll build by networking for your business.

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Proven sales forecasting methods for small businesses

PandaDoc

But while business forecasting and quantitative analysis is definitely a hot topic for big companies and their sales managers , it’s a foreign concept for most solopreneurs and small businesses. Other business forecasting tools to consider 1. But it doesn’t have to be that way.