How to Grow Your Business: Business Growth Model
April 19, 2018
Growth+ is a business decision support tool provided by MHA Chiks in conjunction with Mindshop. A variety of workshops have been created to identify, clarify, focus and act upon ways to successfully grow a business.
The Growth+ sessions aim to facilitate rather than consult and are bespoke for each business. Growth+ allows you to step outside of the business and take a ‘helicopter view’. The sessions focus on the future and are intellectually stimulating for the owners, managers and the wider team.
Growth+ highlights priorities, provides solutions and forces responsibility, with the support of MHA Chiks there to assist in the implementation of any actions agreed in the sessions. Damian Walmsley, Partner and Corporate Finance Director, Stephen Gregson have created a series of short videos which give an overview of MHA Chiks’s Growth+ service, and how we can help you to grow your business.
The fifth video in this series explores the Business Growth Model. This focuses on the question, what can you do to grow your business in terms of increasing the sales to existing customers and increasing the size of your customer base?
It is split in to four different sections:
- Market penetration
- Market expansion
- Service/product expansion