How You’ll Turn Your Startup Into Something Very Special
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You’ve been in this game for a while now – a few years, in fact. Some time ago, you had a lightbulb moment. A short while after that, you managed to get away from your hideous job and you began your new life in this entirely new era. Fast forward to now, and your idea has been made tangible with a genuinely healthy yield.
But now things have progressed even further, and now could be the time to grow. If an expansion isn’t imminent, then it won’t be long before that stage arrives. You could stay in the position you’re currently in now, but you have some much potential, and anyone with a shred of ambition would look to build on this opportunity. How do you go about your business before, during and after this big step up? Well, you probably have your own thoughts on the matter, but here are some pointers for you if you feel you need an extra angle.
Update The Business Plan
When you started everything, your first move was to take what was swirling around in your head and throw it all onto a blank canvas. Throughout the years, you probably followed along and made slight alterations to suit the situation. Now that things are going to be a little different, your original plan of action may have been outgrown. It’s time to have a little sit-down and plan out the weeks, months and years ahead of you.
Hire
With more demand and more work, you’ll probably need a few extra hands to help you out. You may already have a small group with you, but now it’s time to bring in some more guys and gals. The opportunity to grow is exciting, but it means there is a lot more to be done – a small crack team with a few outsourced freelancers helping out probably won’t cut it anymore
Find The Right Premises
As you push on as a business, so should your place of work. With the extra employees, opportunities and professionalism making their way into your life, perhaps it’s time to find a commercial property that fits this new, more prosperous position. You don’t want to be in a small, unflattering place when you’re trying to build and build.
Raise Funds
Perhaps it’s a good idea to pitch your idea a few more times to people that may be interested in investing in this project. Getting a startup loan was one thing, but this period of expansion shows you’re on the up and angel investors around the country may want a part of it. A solid few years of hard work with proof of results is a lot sexier than a young hopeful looking to make it big one day.
Work With Consultants
You have a vision of what you want, but there’s nothing wrong with getting an extra opinion from someone that is profoundly experienced and passionate about making businesses thrive. Soliciting the help and advice from project managers, IT support, strategy consultants, etc. may turn out to be a marvellous move for the company as well as your own knowledge.
