Small Business Growth Strategies

Growth and innovation.

It's the fun part of the small business ownership cycle that most owners want to reach; it's where you can make more money or think of more interesting solutions! But--not to sound like a parent--it comes with a lot of responsibility!

Small business growth and innovation takes careful planning to make sure the intended scale is not going to put undue strain that will make the business collapse in the long run.

CCG Consultants are very aware of how important sustainable growth and innovation is!

What is Small Business Growth?

Business growth refers to a company's ability to scale and expand in alignment with its goals. Think of it as a plant that moves to a new pot when its roots outgrow the current one. Aim for growth when your business consistently exceeds expectations.

What Do Growth Opportunities Look Like?

Growth opportunities enhance your business, such as launching new products, offering services, or streamlining processes. Focus on what your customers genuinely want. For example, if customers request eco-friendly packaging, explore options to switch.

Want to find where to identify growth opportunities? Look into your risk reviews and performance management! This is where you can find what is overperforming and needs to be grown or scaled!

What is Innovation?

Innovation is the process of improving something that already exists. While innovation and growth are often intertwined, they represent different concepts. Growth refers to creating new roots in a process, product, market, or consumer base, while innovation focuses on enhancing and optimizing existing elements.

What do Innovation Opportunities Look Like?

Innovation opportunities are found in areas that aren’t meeting expectations or where there are inefficiencies.

Look for items that aren't operating as expected to identify how they can be innovated to be more effective!

Want to learn the specific strategies to grow and innovate? Click into the How to Grow and Innovate Your Small Business!

CCG Learning Academy is the premier small business learning platform that teaches the skills small business owners need to compete. Every learning module is developed by a consultant with 10+ years working at major banks like JP Morgan Chase, Bank of America, Citi, or Discover. When you're ready to get the cutting-edge answers that can separate your business from the rest, sign up for CCG Learning Academy. The first 30 days is free!