Your motivations for growing your business are likely to be as personal as your reasons for starting out – increasing your market-share and profit, leading technological development, or even wanting to step back from the day-to-day running of the business and pass it on to your next generation of leaders.
Judging by statistics, however, many businesses fail to scale up successfully so managing sustainable growth is incredibly important.
Business Link has all the resources you need to develop a successful growth strategy, assessing your company’s current performance and helping you to set a vision for growth. And if you need some help along the way horsesmouth mentors can help guide you through the process.
Scaling up is not just about doing more of what you already do – it’s often about doing it differently. Problems that can exist in smaller enterprises can suddenly balloon into major issues as things are scaled up, so the expertise of mentors such as ‘andr9323', who’s experienced in organisational restructuring and business improvement, might prove invaluable.
Identify barriers to growth
There are a host of reasons why growth can be challenging, especially in the current climate, but access to skilled resources and professionals who have the experience to manage both the financial and social priorities of a growing business, is one barrier we can help you overcome.
On horsesmouth you’ll find a wealth of expertise to help your business grow – from sourcing appropriate finance, strategic thinking for business (‘Scopas’), developing a sales team and launching a new product (‘SalesGuru’), to overcoming the difficulties of building up a family business (‘h1tchy’), and managing risk, something which horsesmouth mentor ‘Brockton' knows a thing or two about:
“Being in business is a risk and there are laws in the UK that sometimes seem to be there to stop your business growing. Breaking them is not expensive in terms of cash, however they create a fear that can stop people moving forward. Understanding the risks and taking them, is part of moving forward.” ‘Brockton'
Horsesmouth can help you to not just answer the pivotal question ‘to scale up or not to scale up?’, but can also give you access to relevant advice throughout the journey. Why go it alone?
If you're looking for information or inspiration spend some time browsing the site and reading mentor profiles and stories. Try a few different search terms to find a range of mentors relevant to you. Then if you would like to connect with someone on horsesmouth, whether for specific information or just to help you see things more clearly, then join the site today.
Or if you're already mentoring on business at horsesmouth you can apply to claim a campaign badge and make yourself more visible to our community as a business mentor.
Relevent mentors: Business
"People don't care what you think, until they think that you care..."
If you've lived, you've learned...and you've probably got a story to tell. Mentoring online is the perfect way to share your hard earned-wisdom with those who can benefit from your experiences and knowledge, all in a supportive, safe and secure online environment. It takes seconds to sign up and you never know who you might meet!
If you've tried using search and browsed the profiles on our site but can't find anyone who's quite right for you, send a request for a mentor to the whole community. You'll get some good responses and one or two may turn into mentoring relationships.