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6 tips for managing rapid business growth and expansion

ACT

In increasingly competitive market conditions , focusing on growth is the only way small businesses can survive and thrive in the long run. However, growing a business with limited resources comes with several challenges. So, hire when there’s a clear need in your business.

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6 Steps for scaling a small business to enter new markets

ACT

Scaling your small business to the next level and taking over new markets. But before you set out to scale your business, understand this—over 469,500 new business applications were filed in the US in July 2023 alone. So, your small business expansion plans might face stiff competition from other entrepreneurs.

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The Key to Success for Professional Services: Staying Organised (+ How to Begin)

ACT

Amidst these roadblocks, how do you set your business up for success? If youre just setting up a small business , you might store client data in a spreadsheet. This method works fine when you have a small team, and each project manager handles a single client. fits into your service-based business.

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29 Tools & Resources for Today's Entrepreneur

Hubspot Sales

Xero is for accountants, bookkeepers, and small business owners who need help managing finances. With products catered to small business owners, accounts, and bookkeepers, you can stay lightweight on features or get into the heavyweight financials with tax and reporting compliance. Forbes Small Business.

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The Ultimate Guide to Building a Team for Black Business Owners

Hubspot Sales

Learn how they’ve grown or scaled their businesses, explored entrepreneurial ventures within their companies, or created side hustles, and how their stories can inspire and inform your own success. Small business owners are known for doing it all: marketing, finance, operations, sales, project management, admin, HR, and more.

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12 Personality Traits of Successful Entrepreneurs

Hubspot Sales

Entrepreneurs who are able to creatively solve problems and think outside of the box when facing everyday business challenges, they are able to quickly pivot and implement necessary solutions that lead to business growth. When business owners have a process-oriented mindset, they are able to work smarter, not harder.

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5 Pitfalls of Rapid Growth and How to Avoid Them

CMOE

While some businesses manage to transition from niche to mainstream by scaling with ease, others struggle to maintain their identity and high standards of customer service—and eventually, their profits. Lack of a business-growth strategy. Minimal understanding of the financial impact of rapid growth.