How to grow your business rapidly

Whether small or big, businesses want to grow. According to some experts, there are things to do to help grow your business quickly.  Mrs Yohanna M. N. McDavid, an architect and financial consultant said diligence and knowing how to woo customers is required for any business to grow. “People are your biggest assets in any […]

Whether small or big, businesses want to grow. According to some experts, there are things to do to help grow your business quickly. 

Mrs Yohanna M. N. McDavid, an architect and financial consultant said diligence and knowing how to woo customers is required for any business to grow.

“People are your biggest assets in any business. You must find a way to keep both new and old customers. This is the only way you will increase your patronage,” McDavid said 

“Also, reviewing your business model and adjusting it to meet any rising need will help you get customers,” she said.

She added that to grow a business quickly in the present economy, entrepreneurs should have good book keeping skills and have a working business model that can evolve.  

Similarly, an economist, Mr Ogunrinde Olabusayo Felix, said entrepreneurs must learn to embrace the uncertainties in the business world.

 “As an entrepreneur, risk taking is very paramount. Therefore, an entrepreneur needs to learn risk management and emotional intelligence so that decision making can be objective and practical,” he stated.