Top tips to expand your business Created on 09/01/2013 13:41:00
Whether you’ve been managing your own business for years or are just starting up, it’s always worth thinking about the future of your company. If you have grand plans to expand your business, you will need to plan carefully and be willing to take a few risks if you want to make it a success.
Here are three tips for successful business expansion to get you started:
1. Hire (and keep hold of) the right people.
Chances are we’ve all popped into a coffee shop and been pleasantly surprised by the friendliness of the barista, or contacted a customer service department and found the person to be helpful beyond the call of duty (it does happen, honest!). The people who work for you could make the difference between an organisation that ticks along and one that takes the nation by storm.
2. Identify and employ the right resources.
It’s important to ensure that your specific business needs will be taken care of, for example technological requirements and meeting space. Whether yours is an office-based firm, a retail outlet or a manufacturing organisation, it’s vital that the space you find supports your business adequately.
3. Location, location, location.
We all know how important it is to find the right area to live in, but what about finding the right business location? Some people are blinded by price and forget that their business needs to be accessible to staff, customers and visitors. Others move into a place that’s just the right size but forget to allow for expansion. Don’t limit the size of your company by hiring a location that is only sufficient for your short-term needs. Think big!
If your business is based in the Hampshire area, we can help you with two of these three key elements. Langstone Technology Park has a wide choice of office space to lease between the South Downs and the sea. We offer furnished offices with air-conditioning, a staffed reception, amenities such as a gym, nursery, restaurant, convenience store and Starbucks, as well as broadband access and on-site IT support.
With ample parking and hospitality facilities, our rental offices in Hampshire are a great place to host your business meetings and conferences. With the right location sorted, you’ll have a headstart to a successful business.