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Expanding a Business

Expanding a Business

Owning and running a business successfully requires skills in many disciplines, including:

  • Finance
  • Market Research
  • Marketing
  • Management
  • Technology
  • Human resources
  • Planning
  • Accounting
  • Production
  • Operations and more

Most business owners do not possess all of these skills and must rely on others for help. Business growth and survival demands that a business move smoothly through several stages. Each stage can bring new challenges and increased complexity in areas including:

  • Managing cash and other assets
  • Financing growth
  • Keeping the company focused on a commonly shared vision

AZSBDC Network Centers will work with you to perform a well-business ‘check-up’ that reviews your business goals, operating systems and procedures in key business areas. The check-up could examine factors including:

  • Your company’s position in a changing marketplace;
  • How you foster a positive corporate culture;
  • How you identify and implement appropriate information and back-office systems;
  • How best to organize management and production systems to get the job done;
  • How you recruit people with new skills;
  • How you train existing staff to meet new challenges.

The check-up will identify areas that require attention or improvement and result in the development of an action plan that will help carry your business through its next stage of development.

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