My business is doing well (with over 10 employees). I have consistently made a profit in the past 2 years and I want to grow. Can anyone help me?
Doing Business is a Questions & Answers Platform for Entrepreneurs. Ask any business-related questions and get answers from experienced businessmen from all over the world. Answer questions from others and earn money.
Doing Business is a Questions & Answers Platform for Entrepreneurs. Ask any business-related questions and get answers from experienced businessmen from all over the world. Answer questions from others and earn money.
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Starting a business is only a bit out of the process of being successful as a founder, the larger part depends on how you can stay in business. How do you manage the daily risks to ensure you stay in business and most importantly, grow? A rule of thumb when it comes to growing a business is keeping a detailed record of your activities. This will help you track your growth and identify your strengths and weaknesses. You will also have to manage your personnel well because they are the engine of your business. Prioritize incentives for the high-performing employees and have a structure that motivates them to work. Also, do not be scared of change. Evolve with trends in the industry and adjust your strategies accordingly.