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How to Grow Your Small Business

July 24, 2015 By Dana Davis 56 Comments

If you have a successful business, the next step is to help it grow. This can mean adding new locations, expanding your market, aligning with another business, or adding an online presence.

Not only are there new things that you have to do, but you also have to keep doing what you did to make your business successful—have the proper insurance, budget, advertise, and provide high quality products or services.

How to Grow Your Small Business

Making your business larger can be as difficult as getting it to a point where it’s financially successful, but you’ve already done that.

That means that you have the ability to successfully grow your business. Now you just have to follow a few steps to help your business grow, and continue on its path of financial achievement.

Table of Contents

    • Small Business Growth
  • Financial Achievement
    • Making Your Small Business Larger
      • Dana Davis
      • Latest posts by Dana Davis (see all)

Small Business Growth

There are many tools you can use to grow your small business. You can:

  • Open a new location.
  • Form an alliance or merge with a similar business.
  • Diversify the products or services you sell.
  • Target new markets.
  • Expand globally.
  • Make a bigger online presence for your business.

Following these steps will help expand your business. A new location will allow you to sell more products or services to a new area. Forming an alliance with a similar business will eliminate a potential competitor.

If you start selling new products or services, you will be able to increase your profits and it will allow you to target new markets. Expanding globally is another way to target new markets and open new locations. Finally, an online presence will give you closer contact to your clients. All of these tools help your business grow.

Financial Achievement

One final way to help your business grow is to make sure that it continues on its path of financial success. That means that you have to continue doing everything that you were doing before you started expanding your business.

It is still crucial that you continue to budget. You still have to know what sort of money you make and what you have to spend.

You still have to make sure that you have the proper insurance. As your business grows there may be new events you need to insure against.

In order to protect your now growing business you have to continue preparing for anything unexpected to happen. That can be done by keeping everything insured and by saving up an emergency fund.

Making Your Small Business Larger

You’ve already made your business successful, but now you’re looking to take it to the next step. Not only do you have to continue your business’s financial success, but you also have to start working towards new successes. Use one of the many tools available to small businesses to help your business become large.

Whether you decide to expand your business through new locations, markets, products, or means of communication, you now know that there are many ways you can grow your small business.

You don’t have to sit idly by and hope that your business will expand on its own. Use the tools at your disposal to make sure that your business grows and stays financially afloat.

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Dana Davis

Dana Davis focuses on small business and the use of gifts to show appreciation in relationships. She researches gifts of all kinds and especially personalized and engraved executive gifts for ExecGiftsBlog.com.
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Latest posts by Dana Davis (see all)

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Filed Under: Small Business Advice Tagged With: business growth

Comments

  1. Bella D. says

    January 28, 2020 at 9:00 pm

    I love reading articles like this. It makes me want to strive and take a few steps forward in growing my small business. This is really helpful and motivational. Thanks for sharing. I am looking forward to reading some more blogs like this.
    Bella D. would love you to read ..11 Top Reasons You Should Be Self Publishing On Kindle To Make Money OnlineMy Profile

    Reply
  2. jay says

    March 20, 2018 at 4:27 am

    thanks for the awesome post.i want to become the entrepreneur this is the best post for guiding me to become the next level entrepreneur

    really get the new idea for my business.
    jay would love you to read ..[2018] Best 5 ways to use imessage for windows pcMy Profile

    Reply
  3. Ganesh says

    June 3, 2017 at 2:09 am

    Nice article showing more than one way to grow. Thanks for sharing your thoughts. Here in India there are so many hurdles due to government policies to grow your business. Basically Corruptible and bribe are biggest one.
    Ganesh would love you to read ..Ganesh chaturthi 2017My Profile

    Reply
  4. Michael says

    June 2, 2017 at 4:56 am

    Thanks for shredding tips about small business,this is what i was looking for definelty going to share it on social media
    Michael would love you to read ..Working Omegle VPNMy Profile

    Reply
  5. Sandeep says

    March 3, 2017 at 7:18 am

    Thank you for give us complete guide of small business. It’s really help for who start a new business. Personally Thanks for this information.

    I would like to read… Happy Women’s Day Wishes 2017

    Reply
  6. Shayan Ahmed Khan says

    February 10, 2017 at 11:25 am

    It is so very informative if you want to expand your small business. In order to expand a small business, one needs to have a clear sight of what comes next?
    Very good article. Thanks for sharing

    Reply
  7. Josh says

    October 27, 2016 at 12:37 pm

    Hi there, I love your Presentation in Post and It is right way to grow your business. I appreciate your work. It is really positive way to get success in your life. Well done.
    Josh would love you to read ..{Free*} Download Happy New Year 2017 Wallpapers, New Year Wishes and New Year Greetings CardsMy Profile

    Reply
  8. Aafiya Pathan says

    August 5, 2016 at 6:30 am

    Thanks for sharing very helpful topic with us. it is a very interesting and good question. there is lots of people start small business and thet have no idea how to grow it. Growing with online business is most difficult work – because it is virtual world. Also, regular work is required to stay live on internet world.
    Aafiya Pathan would love you to read… Happy Friendship Day Quotes

    Reply
  9. madhu says

    July 23, 2016 at 9:18 am

    I am so impressed after reading of this article. It’s very important to know about this.everyone wants to expand his/her business from zero to big level and all over the world. actually internet is best option if you wants to expand your business every where because now mostly all e-commerce sites also providing opportunity to advertise thanks for this article.

    Reply
  10. Siddharth Sharma says

    September 12, 2015 at 6:35 am

    We all are love to success , everyone wants to expand his/her business from zero to big level and all over the world. actually internet is best option if you wants to expand your business every where because now mostly all e-commerce sites also providing opportunity to advertise and some other top advertising portal like Adword and Bing , etc .
    So here you have shared a awesome post .
    Thanks for Sharing 🙂

    Reply
  11. Mohit farswan says

    September 7, 2015 at 12:53 pm

    Hi Gail Sir,
    I have been searching such ideas for my side business which I am about to do after few weeks.
    Thank you for sharing your ideas with us.
    Regards,
    Mohit
    Mohit farswan would love you to read ..Top 5 Best Music Player For Android Lollipop – 2015 EditionMy Profile

    Reply
  12. Sean Giro says

    August 17, 2015 at 7:41 pm

    The hardest is the will to begin and to start your own business.
    Thanks for the advices
    Sean Giro would love you to read ..Geld abheben in PolenMy Profile

    Reply
  13. MatthewGrace says

    August 13, 2015 at 7:19 am

    Good article for new business planer.All ideas are good for make small business into large. Greate information thanks for share it.

    Reply
  14. Ijaz Ibrahim says

    August 7, 2015 at 10:38 am

    Hi
    These tips awesome all of them
    nice collection and nicely done
    keep it up
    Thank you for sharing
    Ijaz Ibrahim would love you to read ..How To Calculate The Sum Of The List Of Integers in C++My Profile

    Reply
  15. Cindy Locher says

    August 6, 2015 at 1:03 pm

    Nice article that points out there is more than one way to grow. We added a secondary service last year (a “soft pivot” if you will), going from just offering our service as providers, to training other providers. It’s still a bumpy road right now, but one piece of advice I would offer is to stay flexible. We’re finding that what we THOUGHT we would do and be in this space isn’t what the community seems to want, so we’re having to really LISTEN and adapt ourselves — along with the internal check, once we determine the offering that people want, will that really be something in alignment with our values and our dreams and desires? Only when it’s win-win will it (eventually) become relatively self-sustaining. Thanks for a great article!
    Cindy Locher would love you to read ..Exercise protects the brain from depressionMy Profile

    Reply
    • Gail Gardner says

      August 7, 2015 at 1:28 am

      Hi Cindy,

      Yes, you’re so right. Sometimes markets want something different than we think they will and we can only find out by jumping in with both feet and then listening. As long as you stay flexible, you’ll eventually find the right balance.
      Gail Gardner would love you to read ..How Small Businesses Can Use Influencer Marketing On InstagramMy Profile

      Reply
  16. sneha says

    August 6, 2015 at 12:55 pm

    Heyya..It is very informative post in order to grow your small business to wards expansion,To make your Small enterprise big, one needs to have a vision of how to take the business high in the next few years. Thanks for sharing very nice topic with us. 🙂 🙂
    sneha would love you to read ..Sinister 2 Movie Review (2015)My Profile

    Reply
  17. Lara Jones says

    August 5, 2015 at 10:23 am

    To make your Small enterprise big, one needs to have a vision of how to take the business high in the next few years. Because, things that begin well are half done.

    The second thing to be considering is the investments that you’d require. More than a medium or large sized business, a small business concern needs to be more careful about its investments (every small move counts for a small business).

    Updation is the third important thing to grow business. Only when some update takes place, the business can move vertically up. Regular research analysis on how to upgrade business needs to be done.

    Reply
  18. Siya Sinha says

    August 5, 2015 at 7:27 am

    Thanks for sharing very nice topic with us. it is a very interesting and good question. there is lots of people start small business and thet have no idea how to grow it.

    Reply
  19. jokojoko says

    August 4, 2015 at 11:32 pm

    how can i get more funding for my new bussines?
    i have new bussinness but i lack of funding
    somebody help me?
    jokojoko would love you to read ..Skateboard Warna Warni MurahMy Profile

    Reply
  20. Isabel Raynaud says

    August 4, 2015 at 11:06 pm

    Really helpful tips to see your business grow to godzilla size. Starting your own business is always difficult but if you can survive your first months/year it’s worth it. Cheers.
    Isabel Raynaud would love you to read ..Tarot SI o NO de Isabel RaynaudMy Profile

    Reply
    • Gail Gardner says

      August 5, 2015 at 7:56 pm

      Hi Isabel,

      I wish there wasn’t so much emphasis on growing a business huge or making a million dollars. It is far easier to have a healthy work-life balance when you build a business that benefits people and provides a decent living without trying to become wealthy.
      Gail Gardner would love you to read ..How to Optimize Social Media ROIMy Profile

      Reply
  21. Atit More says

    August 4, 2015 at 7:13 pm

    Hi Dana,
    The Idea of growing small business which you have put is incredible. It is really very helpful for people who are growing their start-up
    Thank You
    Atit More would love you to read ..What Is MBA MMS PGDM And Its TypesMy Profile

    Reply
  22. Alan Clarc says

    August 3, 2015 at 9:00 am

    Hi there I am so thrilled I found your weblog, I really found you by mistake, while I was researching on Yahoo for something else, Regardless I am here now and would just like to say thank you for a tremendous post and a all round thrilling blog (I also love the theme/design), I don’t have time to browse it all at the minute but I have bookmarked it and also added your RSS feeds, so when I have time I will be back to read a great deal more.

    Reply
  23. John C says

    August 3, 2015 at 8:42 am

    Yep, but from words to facts are a very long ride, and a hard one – still not bad advices in this article, hope this will help me and others in their achievments. from small business to a large one :_)
    Cheers.

    Reply
  24. Syed Md Nuruddin says

    August 1, 2015 at 6:13 pm

    Hi

    Thanks for sharing this useful post. Actually the world is now competitive and it is difficult to run a business without having proper knowledge about business. You have given a lot of idea about increasing business. Not bad idea at all.
    Syed Md Nuruddin would love you to read ..Strategy for making good money by typing captchaMy Profile

    Reply
  25. Arabella Anwen says

    August 1, 2015 at 11:41 am

    It’s impressive that you are getting ideas from this piece of writing as well as from our dialogue made here. What’s up to every , because I am really eager of reading this web site’s post to be updated daily.It contains good stuff. Thanks
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  26. Akhil says

    August 1, 2015 at 9:11 am

    Nice article, Thank you so, much. Now, i am feeling that i can increase my business and make it bigger. Thanks for such loving ideas and advices.
    Akhil would love you to read ..Drishyam First (1st) Day Box Office CollectionMy Profile

    Reply
  27. henry lovo says

    August 1, 2015 at 6:00 am

    It is right way to grow your business. I appreciate your work. It is really positive way to get success in your life. Well done.
    henry lovo would love you to read ..Cards about FriendshipMy Profile

    Reply
  28. Bilal Khan says

    August 1, 2015 at 4:01 am

    Nice guide line.Superb article.Learn new thing about how to grow our business.really helpful.
    Thanks for sharing with us keep up it.
    Have a nice week ahead.
    Bilal Khan would love you to read ..275+ Best Free High Page Rank Social Bookmarking Sites List 2015My Profile

    Reply
  29. Jon Lee says

    July 31, 2015 at 4:48 pm

    Hey Dana,

    Awesome post! Really great guide for growing your small business especially when you’re in that in between stage between starting up and success.

    I’m going to share this on twitter.

    Best,

    JL

    Reply
  30. Jason says

    July 31, 2015 at 2:37 pm

    Those are really helpful tips to grow a small business but do you really think opening in a new location with out prior market research and local information we may dive into the market with blindfold.
    So i suggest we should do our homework before starting the business in a new location.

    Reply
  31. Isaac says

    July 31, 2015 at 2:02 pm

    The key words in your post are “online presence”, without that many companies fail the achieve anything in the first year.

    Reply
  32. Vicky says

    July 31, 2015 at 1:15 pm

    Hi,

    Targeting new markets will surely helps to grow small business and I guess social media will help in that process.

    Thanks
    Vicky would love you to read ..Top 10 Deadliest Earthquakes in The WorldMy Profile

    Reply
  33. Faiz Israili says

    July 31, 2015 at 6:03 am

    Growing with online business is most difficult work – because it is virtual world. So, we need to connected with all the social networking sites and social media. Also, regular work is required to stay live on internet world.
    Faiz Israili would love you to read ..100 Wonderful Happy Friendship Day Whatsapp StatusMy Profile

    Reply
  34. shekhar says

    July 31, 2015 at 9:35 am

    A great informative post, very useful . Producing relevant and helpful content at a regular rate is a great method to improve search engine ranking. Thanks

    Reply
  35. manumathew says

    July 30, 2015 at 6:46 am

    Hi Dana Davis
    Thank u for your following ideas i choose this criteria to apply my business

    Reply
  36. Praveen says

    July 30, 2015 at 6:25 am

    I am Very Impress this Article. Really your ideas is good, But Online Marketing is Tough in this time. because some old Wanders is very famous so if run a online business then first condition is you have to extra investment. But Really your article very informative…

    Reply
  37. Prakash Khatiwada says

    July 30, 2015 at 5:54 am

    Great Post, Amazing Article!
    Thank You so much Author for shearing useful information to us, Keep Share!

    Reply
  38. Sanz says

    July 30, 2015 at 2:37 am

    The one big problem of small business is always when it comes to scaling up and growth. Financially you have to be capable and you covered it with your great point there.
    Sanz would love you to read ..The Basics of Making Money OnlineMy Profile

    Reply
  39. Priyanka says

    July 29, 2015 at 12:28 pm

    Hello Dana Davis,
    Thank you for sharing awesome ideas for growing small business.These are really useful for small business.

    Reply
  40. Nikita says

    July 29, 2015 at 9:17 am

    Hey ,
    Thanks for sharing all these major tips, it is truly helpful for me..!! One thing which type of bussiness give more profit . Plz Suggest me.

    Reply
    Nikita would love you to read ..Brahma Kumaris Today’s Murli 29 July 2015My Profile

    Reply
  41. Samir says

    July 28, 2015 at 6:34 pm

    Perfect! You have shared very useful tips for growing small business and I guess I’ll have to note it down.

    Thanks
    Samir would love you to read ..How to apply for New Voter ID Card OnlineMy Profile

    Reply
  42. abu hossain sajol says

    July 28, 2015 at 11:18 am

    thank you again share a new valuable post.this post is most valuable and helpful us.you share main main topic how to grow a Business largely.
    abu hossain sajol would love you to read ..Feed Mills in Bangladesh Full ListMy Profile

    Reply
  43. Prachi says

    July 28, 2015 at 10:59 am

    Thanks you so much for providing this awesome information. awesome post.it is helpful for me. plz help how to start my business . Give me tips. then i start my business
    Prachi would love you to read ..Baal Kaise Badhaye / Baalonko Lamba Kaise BanayeMy Profile

    Reply
  44. Rajeev Sharma says

    July 27, 2015 at 8:05 pm

    Great article, this post is really helpful to grow startup business, thak you for sharing this. I have learned great things about the financial achievement from this article, Thank you…

    Reply
  45. sourov says

    July 26, 2015 at 10:22 am

    Many praised the quality of your writing is good writing, we learned a lot more like this post

    Reply
  46. anchal joshi says

    July 26, 2015 at 10:03 am

    This article is very helpful. Many of us get started and become little bit successful but we were unable to grow universally. This article has fulfilled all aspects and info which i needed to grow my business.
    anchal joshi would love you to read ..Microsoft Lumia 950 XL price in India and specificationsMy Profile

    Reply
  47. Avanda Alvin says

    July 26, 2015 at 9:55 am

    Thank you.
    finally i found how to grow small business here.
    this is what i have been looking for.
    Thanks again
    Avanda Alvin would love you to read ..Brothers of War (2015) DVDRip SubbedMy Profile

    Reply
  48. luis marthin says

    July 25, 2015 at 11:07 pm

    Much appreciated again for offer a stunning article with us. it truly accommodating for me. i began new business and numerous issues happens in first month. presently i am en route

    Reply
  49. Adam Johan says

    July 25, 2015 at 8:26 pm

    I am trying so hard to grow my small online business and you growmap is helping me a lot.. Thank you for publishing this kinds of helpful post.. Love you growmap <3
    Adam Johan would love you to read ..Black Presto 05442 CoolDaddy Cool-touch Deep Fryer Customer ReviewsMy Profile

    Reply
  50. Vanessa Ally says

    July 25, 2015 at 12:26 pm

    I think expanding small business needs a good search of investors willing to cooperate and take that business to the next level. Getting bigger needs a considerable amount of investments, I guess.
    Vanessa Ally would love you to read ..Top Search Engine Submission Sites ListMy Profile

    Reply
  51. Atinder says

    July 25, 2015 at 12:24 pm

    Well It’s not an easy task to grow a small business these days as there is lots of competition in every field, no matter which niche we are working. We need to work hard with smartness to beat our competitors to grow our business. BTW, a great Post.

    Reply
  52. fransiska says

    July 25, 2015 at 11:22 am

    Thanks for the information. But, my biggest problem is finding a partner who can loan their money so I can open my business in new location.
    fransiska would love you to read ..How to Use L-CarnitineMy Profile

    Reply
  53. Siddharth Verma says

    July 25, 2015 at 11:18 am

    Thanks again for share an amazing article with us. it really helpful for me. i started new business and many problems occurs in first month. now i am on positive way

    Reply
  54. shekhar says

    July 25, 2015 at 5:36 am

    “Hi to every single one, it’s truly a good for me to visit this web page, it includes helpful Information.Informative article, just what I was looking for.

    “

    Reply

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