Small Business Focus

How to grow your small business into a medium-sized one

#BadServiceMustFall

Got great service? Click here (Gauteng) or here (Western Cape) to nominate them for this year's 702/CapeTalk Small BusinessAwards with Sage One.

--

How can you build a scalable business to accelerate growth?

Moving from an established small business into a medium-sized one is not easy.

Often an entrepreneur’s growth strategy only leads to increased chaos.

The Money Show’s Bruce Whitfield interviewed Aurik Business Incubator Director and CEO Pavlo Phitidis for his weekly small business feature.

Scroll down for quotes from the audio below.

The most important thing is to get out there and sell!

Pavlo Phitids, Aurik Business Incubator

If you’re not solving your customers’ problems you’ll remain small.

Pavlo Phitids, Aurik Business Incubator

Don’t be tempted to add a whole lot of products for customers you don’t know much about.

Pavlo Phitids, Aurik Business Incubator

Focus on a particular market segment and standardise the products you have.

Pavlo Phitids, Aurik Business Incubator

Aim for simplicity. Keep focus.

Pavlo Phitids, Aurik Business Incubator

You must create systems behind everything. If you cannot extract yourself you will never scale. Employ people to be systems operators.

Pavlo Phitids, Aurik Business Incubator

The value-set of your employees are very important.

Pavlo Phitids, Aurik Business Incubator

Carefully map out the job description of your employees.

Pavlo Phitids, Aurik Business Incubator

The customer you served a year ago has a different set of problems today.

Pavlo Phitids, Aurik Business Incubator

Subscribe to our Business Wrap Newsletter

#BadServiceMustFall

Got great service? Click here (Gauteng) or here (Western Cape) to nominate them for this year's 702/CapeTalk Small BusinessAwards with Sage One.

--

Read More
How to build a brand (and what destroys it)

How to build a brand (and what destroys it)

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.

How to get the right partners/shareholders

How to get the right partners/shareholders

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator's Pavlo Phitidis.

How to boost your business (lessons from the Amazon/Whole Foods tie-up)

How to boost your business (lessons from the Amazon/Whole Foods tie-up)

Inspiration for those wishing to build a business in a traditional industry that races ahead of established competitors.

5 small businesses that have grown despite very tough environments

5 small businesses that have grown despite very tough environments

Five South African case studies of small businesses that are booming despite the very tough environment they operate in.

How to ensure your business survives as it grows (i.e. avoiding "growing broke")

How to ensure your business survives as it grows (i.e. avoiding "growing broke")

Businesses grow broke whether times are good or bad. Aurik Business Incubator's Pavlo Phitidis on how to stay afloat when growing.

 How to find funding so your business can grow

How to find funding so your business can grow

Funding your business through what you have, not what you need, is a crucial entrepreneurial skill.

Popular articles
WATCH: Bathabile Dlamini shuts down questions about Magwaza's exit

WATCH: Bathabile Dlamini shuts down questions about Magwaza's exit

Min. Bathabile Dlamini told journalists to stop harassing her and refused to answer questions about Thokozani Magwaza on Tuesday.

Are you talking to your teen about 'sexting'? Here's why you urgently should

Are you talking to your teen about 'sexting'? Here's why you urgently should

Social media lawyer Emma Sadleir says parents should help their kids understand the dangers of sexting and cyber harassment.

27 contact lenses removed from British woman's eye

27 contact lenses removed from British woman's eye

The 67- year-old woman had worn disposable monthly lenses for 35 years. Adam Gilchrest has more on this...

WATCH: Vlogger claims billions of litres of usable water in underground tunnels

WATCH: Vlogger claims billions of litres of usable water in underground tunnels

In his video, Adam Spires, takes a look at the underground spring water that flows out to sea which he believes could be used.

[LISTEN] Roger Federer's SA born mother says her son hates to lose

[LISTEN] Roger Federer's SA born mother says her son hates to lose

South African born Lynette Federer speaks to CapeTalk's Kieno Kammies about her son who clinched his 8th Wimbledon title.

Temps plummet below zero as cold front hits the country

Temps plummet below zero as cold front hits the country

A biting cold front made landfall this weekend forcing temperatures to plummet across the country.

[Watch] Sunday snowfall on Table Mountain

[Watch] Sunday snowfall on Table Mountain

Snow fell on Matroosberg and Hottentots Holland, but cold front may be the last decent rains for the traditionally wet Cape July.

Earn peanuts? How to best invest very small amounts...

Earn peanuts? How to best invest very small amounts...

Got a spare R200 or R300 a month? Here’s how to make that money work hard and grow…