When bigger IS better

Once your business has reached the growth stage, it's time to consider improving your business practices, diversifying, expanding, or looking at export opportunities.

The growth stage

To get to the growth stage, your business has successfully achieved an edge over most of its competitors. Build on this success and grow your business through change, mergers and planned acquisitions.

To succeed at the growth stage, it's vital to introduce good business systems. These systems focus on quality management, innovation management, information technology, business control, and customer satisfaction.

The Creative Business Toolbox provides you with the information and resources you need to grow. You'll find out how to:

• market your idea
• export your idea
• raise capital to fund more business ventures
• and much more.

Take the next step

If you're at the growth stage, you need to think about taking measures to ensure you successfully and effectively manage your expansion. Consider the following.

• Take the Growth Stage Questionnaire to find out if you've made it to this stage.
• Create an export market plan.
• Finance the growth of your business.
• Set up a marketing strategy to promote your business.
• Get involved in the Mentoring for Growth initiative and get connected with entrepreneurs.