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.

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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.

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This article first appeared on 702 : How to grow your small business into a medium-sized one


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