Growth should be a top priority within the first five to ten years of a business — It is what drives profit and makes you competitive with similar businesses in your industry. However, growth doesn’t happen just by working hard. Like most goals, you need a strategic plan, complete with KPIs and benchmarks along the way. Here are three ways that I found effective not just for mapping out growth goals, but actually achieving them:
1. Define what business growth means to you
Before you can map out a strategy for growth, you need to decide on your own personal definition of growth. The meaning of growth is not universal for every business. Your organization is unique and is more positioned to hit certain growth goals over others.
