Simple & Effective Ways to Grow Your Business
If you are struggling to unlock the potential of your business, you’re not alone. With uncertainty over Brexit and consumers cautious over future spending plans, some SMEs are reporting uncertainty over their future growth.
Earlier this summer a survey by the Confederation of British Industry (CBI) revealed that 40% of businesses they surveyed believed that Brexit had affected their investment decisions. Of those, 98% say that the impact has been negative. Encouragingly, 60% of the firms that responded said that Brexit had not affected their investment decisions.
Growing a business can often feel like an uphill battle. It doesn’t have to be. Here’s an introduction to our guide to seven simple tips to help you boost business.
Get more customers
This seems obvious, right? It may sound simple, but many business owners spend so much time and effort keeping their businesses ticking over that they forget (or are unable) to allocate time towards seeking out new customers. If all of your energy is spent keeping existing clients happy and all of your time is spent managing existing accounts, you’re probably not exploring new business opportunities as often as you might like. But when you do make the time to focus on getting more customers, how can you be sure you’re making the most of the strategies you adopt?
Here’s an excerpt about getting more customers from our How to Grow Your Business Doing Simple Stuff That Works guide.
“Now, what are you currently doing to get more customers? How many different strategies or methods are you using? Here are some of the most common options: Social media (e.g. Facebook, LinkedIn, Twitter, YouTube, Google+), opt-in (or lead) pages for collecting email addresses, Search Engine Optimisation (SEO), pay-per-click (PPC), advertising, direct mail, telesales, salespeople, trade shows, recommendations and word-of-mouth.
But despite their potential, many businesses only use a tiny fraction of these possible strategies to get more customers. And with the strategies they do use, there is always room for improvement. So, the two keys to getting more customers are:
1. Making your existing strategies more efficient and effective.
2. Testing new strategies.”
If you’re eager to keep pushing your business forwards, our free eBook can help. Our team have worked together to create a comprehensive guide to unlocking the potential of your business. In it you’ll find all of our simple and effective tips for growing your business.
In the guide our experts also explain:
- The critical numbers every business owner must know
- How to use price to transform profits
- How to get exponential growth
- How to get customers to remain customers for longer
For more great advice from UWM Accountants, download the complete How to Grow Your Business Doing Simple Stuff That Works guide.
We are ready to help your business flourish
At UWM Accountants we’ve been helping SMEs in Leeds and across the UK manage growth for over 30 years. Our Leeds-based team of accountants can help you reach your goals with a tailored business plan. Get in touch to learn more and discuss your requirements in more detail. We look forward to hearing from you.