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Last month TELUS held a contest for its business customers asking entrepreneurs to identify what their biggest challenge was. Today’s winning question comes from Patty who asked: “How do I grow my business?”
TELUS asked me if I would answer Patty’s question.
My advice included:
There are three fundamental ways you can grow your business. You can:
1) Get more clients
- a) Give Something Away for Free
- b) Leverage the Media
- c) Leverage SEO and Newsletters
- d) Get more Referrals
- e) Form Partnerships
2) Increase the frequency of purchases from current clients
3) Increase the dollar size of the average transaction
The full post is very detailed and I think you’ll enjoy it. Check it out at: http://community.telustalksbusiness.com/blogs/talk_business/2010/11/15/3-ways-to-grow-your-business-in-2011-and-make-it-your-best-year-yet
Readers, what are your plans for business growth this year? How have you successful grown your business so far? As always, I’ve love to hear your thoughts if you leave a comment below or on the TELUS blog!
