Learning how to grow your business in a country like ours isn’t just a worthy goal; growing your business is often a necessity for your business’ survival and your economic well-being.
What can you do to get your business beyond the bare sustenance level? What can you do to turn it into the income-generating powerhouse you envision? Try one or more of these growth strategies that are particularly effective for the Nigerian business terrain. All have been successfully used by some Nigerian businesses and, with some planning and investment, will work for you.
1. Penetrate your existing market
2. Ask for referrals
3. Innovate your product or service
4. Extend your market reach
5. Conquer a niche market.
6. Diversify your products or services.
Time to Grow
There you have it; how to grow your business. Don’t let this list overwhelm you; pick one or two of these ideas that are suitable to your business and your circumstances and get your plan for growing your business underway.
While you probably won’t experience growth right away, whichever way of expanding your business you choose, you will see progress if you keep at it.
more at: http://www.dailydigest.ng/proven-ways-to-grow-your-business/