Business Growth

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Key Questions to Ask When Considering M&A for Business Expansion | Extraordinary Business

Mergers and acquisitions often provide a remarkable opportunity for business growth. As with any major business move, it also comes with possible pitfalls. There are numerous potential problems for a company facing a merger or acquisition, as outlined by John Barrows of JBarrows Sales Training. How do you know if your company is in the right place and time for a M&A? Let’s go over some key questions you should ask when considering a merger or acquisition for business expansion.

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Five Tactics Followed by Global Companies for Business Growth | Extraordinary Business

business growth
The first five years of opening and starting a business are the most precarious, and 77-80% of businesses fail within that time. No one starts a business with the intention of closing in just a few years; no one invests countless hours in a business that may not fully fleshed out and headed for success.
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Key Things You Should Consider to Accelerate Your Company’s Growth | Extraordinary Business

Achieving sustainable growth is the hallmark of any good business. Many times, expanding is the way to not just grow, but survive. When the time comes for you to step up your company’s operations, do it in a way that makes sense. So as you gear up for accelerating your company’s growth, here are some key things you should consider.
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How Technology Supports Business Growth | Extraordinary Business

technology
How does technology support business growth? The short answer is that it can support business grown in just about any way you can think of. Technology has become a way of life today, cutting across business industries and markets. The power of cutting-edge technology, in whichever way it may be relevant to your business, makes more things possible than you may know.
As you work on growing your business and expanding your organization, technology will support you in numerous ways. Let’s look how technology can support you with different aspects of business growth.
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You Can’t Be CEO and COO at the Same Time | Extraordinary Business

CEO and COO
In the words of Stroll Founder Dan Roitman, “If you’re going to grow revenue, you also need to be able to tame chaos.”
Dan runs a consulting company, Growth Harmony, which holistically helps seven and eight-figure companies go to the next level. This serial entrepreneur stopped by Modern Ontrapreneur to chat with Landon Ray about the producer vs. performer relationship, cracking the CEO / COO disparity.
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Plan for Business Growth | Extraordinary Business

Business Growth planning
When your business grows quickly, things don’t “naturally fall into place” like you might hope or think.  Many businesses actually go out of business as a result of growing too fast and not having the infrastructure to support it.  The way to avoid some (and I do mean some) of the surprises that go along with business growth is to have modeling and a process that will help you see and address some of the obstacles.
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Importance of Thought Leadership for Corporate Growth

There are numerous ways to enable business growth. Still, most companies focus solely on conventional ways such as sales, new markets, mergers & acquisitions etc. Few (and very successful) companies seem to value the power of knowledge sharing. Business leaders are constantly challenged by change management. Since no one has answers to all of the numerous questions created by the 21st century’s global market, we are presented with a unique opportunity to enable growth by harnessing the power of thought leadership.
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