Growing your business
Are you looking to expand your business or take it to the next stage? Every business grows in its own direction, in its own time. For some businesses it might involve taking on more staff, launching into new markets or increasing sales. For others it might mean developing new products, diversifying, or expanding your sales and distribution channels.
This case study by entrepreneurship specialist Anamika Vasil shows how passion and determination are the key to business success. Leading entrepreneur Sir George Fistonich shares some of the challenges and opportunities he faced growing one of New Zealand’s largest wine companies.
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Anticipating the next stage of business growth and planning for it, can help to minimise the surprises your business will face. Using this simple diagnostic chart, you can locate your company on the growth curve so you can identify any potential issues, such as cash management, asset management, marketing, organisational behaviour, management reporting and information systems / internet solutions.
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The ‘New Zealand Business Assessment’ is a free, secure online tool to help you assess your business’ capability, and develop a plan to improve or grow the business. The online questionnaire takes around 30 minutes to complete. And you can also invite trusted advisors – accountants, lawyers, friends, business consultants – to assess your information and give you feedback on your business.
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Ten tips on how to grow your small business including writing a marketing plan, market research, and using the internet.
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More tips on how to grow your small business including how to maintain a consistent market identity, keeping your marketing materials current, and developing a standard introduction.
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The ultimate goal of strategic planning is to be able to act effectively in a changing environment. Learn how to plan effectively, and the benefits this will have for small to medium-sized businesses.
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An article about risk management, which is the identification, assessment and management of risk exposures, and how it can help you to systematically manage the uncertainties inherent in growing your business.
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It’s easy to get caught up in the day-to-day running of your business and lose sight of the bigger picture. You also need to periodically take an objective look at your business and think about how you can improve it. This free online training module shows you how to complete a SWOT analysis of your business. It is designed to take 30 to 60 minutes to complete.
This information is brought to you by New Zealand Trade and Enterprise