Business Growth: You’re Lying By Saying You Don’t Need It

Business Growth: You’re Lying By Saying You Don’t Need It

We’ve heard company owners talk about how satisfied they are with the level their firm is at, with the current amount of business they’re doing, and the enthusiastic interest customers seem to still have in their products. Moreover, what we’ve discovered in nearly every case is that that owner was lying when considering business growth.

There is nothing wrong with a small business wanting to stay small; however, there’s a distinct difference between staying lean and staying stagnant. Growth is more than just “getting bigger.” There are numerous ways to define business growth. Growth is innovation, it’s diversification, it’s bringing in more and better talent, and extending your reach in the marketplace.

Why You Need to Implement Growth Strategies

The question is, can you afford not to look at growth opportunities when it comes to the future of your company? The answer is no—growth underlines a strong business period. Whether it be growth regarding innovation or marketing initiatives, it is what will keep your company moving forward.

Think about it this way. Looking at avenues and strategies for business growth will ultimately allow you to attract new talent with new ideas and techniques, perhaps such that could make your company even more competitive. Growth will also allow for keeping up with the pace of technology. Most businesses (if not all/) in today’s climate depend upon technology to stay relevant. It’s a fact, we live in a digital world, and there’s no escaping it. Growing is thus also about updating your software, hardware, and electronics. Not doing so can significantly hurt you. These are just a couple of examples—the “why” of growth is truly comprehensive.

At First Union, we are firm believers in growth. Small businesses especially need to embrace the concept wholeheartedly. We’re not saying aim to become the next Amazon, do what is right for the health and well being of your business. We would certainly love to help. Call today!

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First Union Lending LLC is a dually licensed Lender/Broker with its main offices located at 4900 Millenia Blvd First Floor Orlando, FL 32839. First Union Lending LLC and its ads are meant for continental United States, including Alaska and Hawaii small business owners. Business Loans offered by First Union Lending LLC have varying rates and terms that can range from 30 - 120 payments and all rates and terms are based on eligibility of the business and its owners. The actual terms are based on credit, business history, industry, amount and terms. As an example, a $5,000 loan paid over 5 years at 8% would have a total repayment of $6,082.92 over the life of the loan. We use the latest encryption to protect sensitive information transmitted online, as well as run our own secure server network to ensure your information is protected offline as well. California loans made pursuant to the California Financing Law, Division 9 (commencing with Section 22000) of the Finance Code. All such loans made through VBJ Consulting, LLC, a licensed finance lender/broker, California Financing Law License No. CFL#60DBO78163

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