Why is my business not growing fast enough?

By Team BGP

 

“My business isn’t growing fast enough and I don’t know why. Everything will go well for a while and then suddenly we’re not making any money again. What is happening?”

 

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We are really busy but not making any money

By Team BGP

 

“We’re working so hard but nothing we do seems to get the business moving forwards. Our sales team are really busy, but we’re not making any money. What are we doing wrong?”

 

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I can't bring myself to trust my team

By Team BGP

 

"I feel like I have to do everything myself. My team are no good and I don’t trust them. I just can’t seem to recruit good people”

 

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My business is growing too fast and I’m worried about getting it wrong

By Team BGP

 

“Help! My business is growing too fast. I know growth is a good thing, but I’m finding it hard to manage. How do I scale up? I’m worried about getting it wrong.”

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Keeping up with the family business

By Team BGP

 

“I run the family business, which was started by my parents. They asked me to take over, but now they can’t let go. They keep undermining my decisions and staff are getting confused about whose instructions to follow”

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I’m exhausted and I’m not even sure I like my business anymore

By Team BGP

 

“I’m exhausted. I feel like I’m always on the go. I’m finding it hard to cope. I’m not even sure I like my business anymore.”

 

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I’ve lost my mojo and want to sell the business

By Team BGP

 

“My business has flat-lined. We have been quite successful up to now, but I don’t know what to do next. I think I want to sell it or pass it on to someone else”

 

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I don’t really understand the numbers

By Team BGP

 

“I don’t really understand my business’s numbers. Our costs are huge, we aren’t growing, and we have no contingency to cover us if anything goes wrong.”

 

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I don’t really know much about my market

By Team BGP

 

“My business is doing really well. My customers all know me by name and trust me to do a good job. I don’t know much about our competitors, but I’m sure they aren’t doing as well as us”

Many small businesses struggle with a fundamental lack of understanding of their markets, customers and competitors. You’ll ask owner-managers how big their market is, and they have no idea. You’ll ask where the opportunities for the market are. They will talk about where they sell to, but they probably...

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We’re doing well but I don’t know where to go from here

By Team BGP

 

“The business is doing really well. We’ve achieved so much since we started out, but I don’t know where to go from here”

 

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A Continuum for Success: strategy + innovation = growth

By Team BGP

Strategy is not a silver bullet. It is not that thing that you find and can use forever without ever changing it. It is not a mathematical solution where there can only be one answer. The context is always shifting, meaning that what led you to success yesterday, may not lead you to success today.

 

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5 Secrets to Balancing Strategy with Innovation

By Team BGP

How can an ambitious SME go about balancing agility and responsiveness to their market with a solid long-term business growth strategy? Here are five key areas for consideration:

 

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Why your tech firm needs a real business strategy

By Team BGP

 

There is a common misconception that, because SMEs have fewer resources at their disposal than large companies, this will stifle their ability to innovate. While it is true that SMEs may not have the resources of large corporates, the streamlined nature of most SMEs means that things can be done without much bureaucracy - which is actually an enormous advantage to innovation.

 

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Numbers: The secret weapon to stronger leadership

By Team BGP

You might ask, ‘What has leadership got to do with numbers?’. In most business schools around the world, the two are totally distinct subjects. In our experience, however, knowing your numbers is part of understanding the context in which you are operating, and it is only by knowing your numbers that you can have the proper perspective in which to make important strategic decisions that will influence whether or not you can reach your goals. The best leaders therefore have to have a strong...

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How to not get divorced! Some advice for entrepreneurs

By Team BGP

We all know it can be a roller-coaster of a ride being an entrepreneur, so having the right support from your family can be critical. On the flip side, it is also critical to find the right balance between dedicating time to your business and dedicating time to your loved ones. Failure to do so can lead to unhappy endings where relationships break down. So, if your objective as an entrepreneur is to create a better life for yourself and your family, managing these two crucial forces becomes...

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