Ways to grow your business
If growing is one of your business objectives, identify activities that maximize the return on your investments, and take time to plan your implementation strategy.
Focus on the kind of growth you can realistically manage, rather than on trying to achieve everything at the same time.
There are many activities to consider.
- R&D and innovation
Innovate to get new products and services to market or improve your business processes.
- Exporting and importing
Selling or investing abroad? Buying from foreign suppliers? Find information to help you operate internationally.
- Form partnerships or buy another business
Find out about the growth advantages you can achieve by setting up a joint venture or buying or merging with another business.
- Increase sales
Discover ways to increase sales and target new markets.
- Implement new or improved business operation processes
Evaluate your business processes to find ways to improve productivity and reduce your costs.
- Franchise your business
Do you have a successful business that could be easily replicated? Discover franchising as a means of growing your business.
- Use design in your business
Find out how design can benefit your business, from product to business strategy development, and how to manage the process and measure its success.
- Fast Lane programOnly Applies to : OntarioYou may be eligible for up to $5,000 worth of support for business scale-up services from the Speedway — Fast Lane program.
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