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What's That Thing A Business Really Needs To Grow? - Business - Nairaland 4ug34

What's That Thing A Business Really Needs To Grow? (245 Views)

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Ennyholar: 11:35pm On Sep 17, 2024
Most business owners constantly seeks various means to grow and improve different expect of their business. But have you ever stopped to think about the one thing that can trajectory of your business. It could be platform , technology , talent and strategy.

So we encourage business owners to mention some of those things that are important to the growth of their business in the comment section.

Suresplendor: 10:18am On Sep 18, 2024
Always go for quality over quantity!!!
AyodejiFelix(m): 11:08am On Sep 18, 2024
Social Media presence and payment platform
Iyeeshaar(f): 12:47pm On Sep 18, 2024
Payment platform and security
Iamephraim: 12:50pm On Sep 18, 2024
Social Media marketing
Heisephraim: 12:54pm On Sep 18, 2024
Strategic implementation of financial decisions to aid the financial health of the business. E.g budgeting, discounting and the likes

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7thcodebreaker: 12:56pm On Sep 18, 2024
Networking!!!
Networking is very important and is necessary for any significant growth in a business
graceyJ1: 1:14pm On Sep 18, 2024
7thcodebreaker:
Networking!!!
Networking is very important and is necessary for any significant growth in a business
very very important
MilkyGalaxy88: 1:25pm On Sep 18, 2024
Good customer service and good communication skill, very underated
Ezeifeduba: 2:37pm On Sep 18, 2024
I love what all of us are saying but let me come from a different perspective
Ezeifeduba: 2:38pm On Sep 18, 2024
Having a well thought out plan is the first step. It's more like the firm foundation you need for everything else to stand on

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Ezeifeduba: 2:40pm On Sep 18, 2024
Another thing is feasibility study
Most people jump out into various businesses without making feasibility study. You see the business later folding up or running into several problems
That's because they entered the business without knowing what to expect and what the future holds for such a business

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KeplersCross: 1:18am On Sep 19, 2024
I feel the need to shed some light on Operational Efficiency.
Process Optimization which includes Streamlined operations to reduce costs, improve productivity, and ensure consistent quality and also Technology Integration which is the use of software, automation, and data to drive efficiencies and make informed decisions. This helps in growing a business
PotterJokes44: 1:20am On Sep 19, 2024
Heisephraim:
Strategic implementation of financial decisions to aid the financial health of the business. E.g budgeting, discounting and the likes
All this can only happen if there's strong Leadership in the business and decision making. Effective Management in which Leaders can inspire, make decisions, and adapt to changing environments and also brings me to Team Building, Leaders must foster a strong team culture and hire talent that aligns with the company’s goals.
NCross: 1:23am On Sep 19, 2024
Ezeifeduba:
Another thing is feasibility study
Most people jump out into various businesses without making feasibility study. You see the business later folding up or running into several problems
That's because they entered the business without knowing what to expect and what the future holds for such a business

Yes and Yes, that can only bring the business owner to have a clear Vision and strategy whereby having a Mission and Vision, A clear purpose and long-term vision help align the organization’s efforts which in turn leads to Strategic Planning, A well-defined roap that sets out short- and long-term goals, and actions to achieve them.
Nuelng: 10:52am On Sep 24, 2024
To grow, you need reliability and the right network
Mimiko3: 10:55am On Sep 24, 2024
A strategic business plan to work with, a target market too
Jayjerjay: 10:56am On Sep 24, 2024
Ezeifeduba:
Having a well thought out plan is the first step. It's more like the firm foundation you need for everything else to stand on

True, I this, that's why I haven't even started mine yet

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