- June 1, 2019
- Posted by: Dennis
- Category: Business Growth
I had a conversation on social media with a gentleman who said he made $275,000 per year in business. That is commendable for a minority business; however, when I reached out to him to help him grow to the next level, he mentioned he was satisfied. Why is this a dangerous mind-set to have? Take a look at all of the successful companies who started out small such as Wal-Mart, Target, Facebook, Amazon, and others. They have one thing in common. They did not get comfortable. With inflation, the threat of war, the rising economy, the unstable stock market, all companies are affected whether large or small. It does not take an economics degree to see that gas prices for example can affect a company’s bottom-line. Therefore, business owners should always have new ideas for growth in mind. Someone who is comfortable cannot see the forest for the trees. A company for example that has had a long term client could lose that client’s business to a competitor, or that client could go out of business. Small business owners should not think small. They should think big. A small mind-set gets small results. Setting big goals leads to more revenue.
Your business may be grossing a quarter of a million in sales a year; however, how can you assist your company in reaching that half-million mark and beyond. You can start by contacting qualified professionals at Moore Financial Services. We have helped companies go to the next level and would love to assist your company as well.
Remember, the economy has no mercy. Companies that have been in business for years have went out of business in a matter of months. With changing times, you may have to come up with new ideas to reinvent your company. We will help.