Growing

Established Business

You’re ready to expand and take your company to the next level.

Here are some steps to get you going.

1: Increasing Market Awareness

View Toolkit
  • What is the market potential for growth?

  • What is your promotional strategy to reach your target market?

  • Have you defined a marketing budget?

  • Do you have a marketing plan?

2: [Human Resources] Optimizing Human Resources

View Toolkit
  • Do you have the right people on board?

  • Do you have a plan for attracting future key team personnel?

  • Do you have defined duties, responsibilities, skill and experience needed for each position?

3: Your Operational Plan

View Toolkit
  • Do you have the capacity to meet current and future sales levels?

  • Do you need new equipment, more personnel and/or additional working capital to increase capacity?

  • Do you need to increase efficiencies and effectiveness through better production processes, less waste and increased quality?

  • Do you need more space and bigger facilities to meet capacity needs?

4: Your Financial and Funding Plan

View Toolkit
  • How much capital (cash) will you need for business expansion?

  • How will you raise this capital (cash)?

  • Do you have a business plan for investors/lenders to review?

  • What are your anticipated sales, profits and cash flow based your expansion plan?

5: Reviewing Your Plan for Substantial Growth

View Toolkit
  • Have you reviewed your business plan for substantial growth?