Tag: growing your business
Top 3 Ways Outsourced General Counsel Helps Grow Your Business
Posted on June 10, 2021
If your business revenue is in the $10 million or above range but your company is not large enough to justify an in-house attorney, consider utilizing outsourced general counsel (OCG). With OGC, you gain legal guidance and support from a business lawyer without needing to hire an attorney full time. The advantages associated with this approach are plentiful, which is why more and more small and medium-sized businesses are using outsourced general counsel to meet their needs. To effectively grow your business, you must ensure that sensitive legal concerns are […]
Solid Referral Relationships Are a Valuable Way to Grow Your Business
Posted on June 1, 2021
If you are a business owner or business leader, you are probably constantly looking for ways to expand your business. One avenue for growth that many business owners overlook is referral relationships. Strengthening your relationships with referral sources opens the door for new customers. Furthermore, creating a robust referral network is a mutually beneficial way to network on both a personal and a professional level. What is a Referral Network? Many small and medium-sized businesses use referral marketing to find leads on potential customers and learn about other opportunities that […]
How Collaborations With Other Companies Could Help Grow Your Business
Posted on March 9, 2021
When many people think about business ownership, they often consider a situation in which the owner of the business is on his or her own, trying to make the company work. Collaboration, however, is a critical part of today’s business landscape. On a personal level, we look out for our friends and neighbors, and the same can be true in the business world. There are a variety of ways for small-business owners to join forces, allowing them to exchange ideas, inspire product development, and grow their revenues. Networking Promotes Learning […]
Empowering Your Employees to Improve Your Business
Posted on January 22, 2021
Those who own and operate businesses are rarely passive personalities. They are, instead, typically go-getters with an entrepreneurial spirit and the ambition to make a difference in the industries in which they operate. Some business owners take a somewhat directorial approach, telling employees what should be done and how to do it. Other owners are more hands-on, leading by example and not afraid to perform tasks that some might deem too menial or “low” for an owner to be doing. Whatever leadership style you utilize, it is important to get […]
Important Considerations for Scaling Your Small Business
Posted on January 5, 2021
Being a small business owner is hard work. In my 30-plus years as a business law attorney, business owner, and Certified Public Accountant (CPA), I have learned many lessons. One of these is that an entrepreneur must always be thinking of new and creative ways to find success. If you are a small business owner like me, you are probably constantly thinking of ways to grow your business. You are likely searching for more opportunities and ways to expand your customer base and increase your profits. Of course, there is […]
Growing Your Company: Is Franchising the Next Step?
Posted on August 28, 2020
When you own a successful business, you have a number of options regarding how to keep your company growing. You could create an outlet for internet sales, expand your current physical location or open a second one. If you already have several locations or you believe that the day-to-day operations of multiple sites is not something you are interested in doing, you may want to consider franchising your business. Franchising may be an especially attractive idea if you have established your company’s name a local or regional leader in your […]
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