Assess your options for business growth

Planning for business growth (video)


This short video explains what you must consider as you prepare your business for growth. The tutorial tells you how to:

  • carry out a business review - covering things like premises, location, equipment, staffing, current financial situation, staffing, customers, competitors, etc
  • know if you are ready to grow - discussing some common business growth implications and suggesting how to avoid problems during business growth
  • explore different ways to grow your business - eg through market penetration, market development or product development, or other business growth strategies
  • put together some concrete goals - by planning strategically and preparing a business plan for growth

For quick takeaways from this video, see our tips to prepare your business for growth.