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Month: March 2023

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How to Scale a Small Business Team that Can Run without You

When you first started your business, you probably dreamed of the day that it could run smoothly and profitably whether you were there or not. You could have the freedom, both financially and in your schedule, to travel when you want, to take days off “just because,” and to be involved in the daily running of the business because you want to (rather than because you’re afraid it may fall apart without you there).

Welcome to Level 4 of your business growth!

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3 Ways to Develop Your Small Business Team for Collaboration and Innovation 

You’re getting to the point in your small business growth to where you can grow a more robust, specialized team – but where do you start? It might seem like you have a lot of areas that you might need help in, but you don’t want to hire too quickly. I’ve been there! At this level of growth, you’ll want to look for people who are open to collaboration and innovation.

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Build Your Small Business Team Strategically for Profitability and Growth

When you’re ready to start building your small business team, you need to make sure you are doing so strategically and effectively. While it’s true that your team will be your largest expense, it will also be your greatest asset. This is why you’ll want to keep both profitability and growth at the forefront during this level of business growth.

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3 Tips to Grow a Profitable Business as a Solopreneur

Are you a solopreneur (or newly just beyond the solopreneur phase) who is looking for ways to grow to the next level? You’re not alone – statistics show that approximately 41 million Americans are currently at this level. Some like where they are, and some are ready to uplevel; whether they will be successful depends on their planning, strategy, and systems.

In 2019, the Small Business Administration identified 50.7 million companies as “small businesses,” employing up to 499 people. 81% of those, however, were taking on running their businesses completely solo.

If you’re among those 41 million, this article is for you! Keep reading to learn how you can set a solid foundation for growth.

small business owner planning for growth

Navigating the 4 Levels of Business Growth

Growing a business is a bit like being on a never-ending roller coaster: it’s the ride of your life, but filled with exciting ups and downs. You’ll rarely stay in one place for long, and even if you do, you’ll encounter twists and turns. This is fun when you’re on a theme park ride, but when the health of your business it at stake, you’ll want to have a road map to help you navigate the different levels of business growth.