Growth is fundamental to a business’ survival. According to the Bureau of Labor Statistics, approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first 10 years. Those numbers are generally consistent across most industries — but they also highlight how important it is to plan for growth from day one.
A concrete growth strategy is more than a marketing strategy, it’s a crucial cog in your business machine. Without one, you’re at the mercy of a fickle consumer base and market fluctuations.
So, how do
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This post was originally published on this site
By: Sales Roadmap
Title: The 7 Key Steps to Shaping a Growth Strategy That Works for You
Sourced From: salesroadmaps.com/the-7-key-steps-to-shaping-a-growth-strategy-that-works-for-you/
Published Date: Thu, 11 Mar 2021 18:45:00 +0000
source https://salesroadmaps.com/the-7-key-steps-to-shaping-a-growth-strategy-that-works-for-you/
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